For sale · MLS® 1304281
118 Barnes Road
St. John's, NL, A1C3X6
List price
$369,900
About this propertyMLS® 1304281
118 Barnes Road, Georgestown, St. John’s | Character, Craftsmanship and a Garage Near Downtown Some homes have a character that simply cannot be recreated, and this 1905 semi-detached home in Georgestown is a wonderful example. From the deep crown mouldings and carved staircase with original newel posts to three fireplace mantels and hardwood flooring on the main floor and throughout the hallways, its historic details give the home a warmth and individuality all its own. The kitchen is bright and spacious, with generous cabinetry and room for a table, making it a comfortable place for everyday meals and conversation. Upstairs, four bedrooms offer flexibility for family, guests or working from home, including a generous primary bedroom and a room well suited to a home office. Several important details are already in place, including a pre-listing home inspection, 125-amp electrical service, an oil tank with a stated service life through 2045, and a furnace approximately seven years old. The attached garage is an especially valuable feature in this central location, offering space for a vehicle, tools or outdoor gear. The exterior offers an opportunity to add your own personal touch and complement the home's timeless character, allowing you to make it your own while preserving the charm that makes this property special. Set in historic Georgestown, close to downtown, schools, shopping, parks and recreation, this home offers a lovely combination of original character, practical features and the opportunity to make a historic property your own. A home with a story, beautiful original details and room to add your own chapter. Fireplaces are being sold as is. (id:56688)
Property details
Coordinates: [47.569395, -52.714598]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Primary Bedroom Bedroom Bedroom | 7.6 x 5.8 (4pc) 9.3 x 7.0 null 16.5 x 10.9 null 13.2 x 13 null 11.5 x 9.2 null |
| Main level | Kitchen Dining room Living room | 15 x 11.8 null 12.8 x 11.8 null 16.5 x '3.5 null |
Basic Calculator
First Mortgage: $295,920
Mortgage insurance premium: $0
Total Financing: $295,920
Rough closing fee (1.5%): ~ $5,549
Total downpayment with estimated closing fee: $79,529
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,898 | $22,776 |
| Gross rental income (income/principal ratio) | 0.513% | 6.157% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $463 | $5,556 |
| Vacancy | $95 | $1,139 |
| Management Fee | $152 | $1,823 |
| Expense / Income Ratio | 24.39% | 24.39% |
| Cash Flow | $1,189 | $14,268 |
| Net Operating Income (NOI) | $1,189 | $14,268 |
| Capitalization Rate | 0.32% | 3.86% |
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