For sale · MLS® 1304242
63 MERRYMEETING Road
St. Johns, NL, A1C2V9
List price
$149,900
About this propertyMLS® 1304242
Welcome to 63 Merrymeeting Road! This charming home offers comfort, convenience and an excellent opportunity to make it your own. Ideally situated in the heart of St. John’s, you’ll enjoy easy access to downtown, shopping, restaurants and everyday amenities. Being sold furnished, this home features two bedrooms, a spacious living room, an eat-in kitchen, a full bathroom and a convenient laundry area. Additional highlights include a 200-amp breaker panel, PEX plumbing and bonus loft storage space. Outside, you’ll find a fenced backyard complete with a storage shed, providing a lovely outdoor space for relaxing, entertaining or gardening. The property offers street parking, with a shared laneway providing access alongside the home. Whether you’re a first-time homebuyer, looking to downsize or searching for an investment opportunity, this property offers plenty of possibilities. With some updating and your own personal touches, you can make this home truly your own. An opportunity to own a centrally located property with character, convenience and potential. Come discover what 63 Merrymeeting Road has to offer! (id:56688)
Property details
Coordinates: [47.565355, -52.718854]
Rooms
| Third level | Storage | 15.6X12.8 null |
| Second level | Bedroom Bedroom Bath (# pieces 1-6) | 8.2X10 null 8.5X10 null 7.5X7 null |
| Main level | Laundry room Kitchen Living room | 7.6X5.5 null 11X9.5 null 11X11 null |
Basic Calculator
First Mortgage: $119,920
Mortgage insurance premium: $0
Total Financing: $119,920
Rough closing fee (1.5%): ~ $2,249
Total downpayment with estimated closing fee: $32,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $930 | $11,160 |
| Gross rental income (income/principal ratio) | 0.620% | 7.445% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $188 | $2,256 |
| Vacancy | $47 | $558 |
| Management Fee | $75 | $893 |
| Expense / Income Ratio | 20.22% | 20.22% |
| Cash Flow | $622 | $7,464 |
| Net Operating Income (NOI) | $622 | $7,464 |
| Capitalization Rate | 0.41% | 4.98% |
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