For sale · MLS® 1304296
35 Cowan Avenue
St.John's, NL, A1E3N6
List price
$469,900
About this propertyMLS® 1304296
Just off Waterford Bridge Road and a stones throw to beautiful Bowring Park, 35 Cowan Avenue offers ample space for family living. Well built and impeccably maintained by the original owners, this spotless home has 4 Bedrooms, 2 full updated bathrooms and space to grow. Main level with gleaming hardwood floors, eat in kitchen, open dining and living room with propane fireplace. Upper second level has full bathroom and 3 large bedrooms. Lower level bedroom, office, spacious family room with electric fireplace, laundry and second full bathroom. Large basement level for warm dry storage. Fully fenced rear yard with convenient storage shed, mature landscaping, patio stone area for dining/entertaining and barbecuing as well as grassed area for play and pets. Masonry retaining walls, trussed roof, potential for additional bedrooms, main bathroom updated 2023, roof shingles replaced 2023, new oil tank 2023 (aprox) new propane tank. Close to all amenities, parks, shopping and recreation. (id:56688)
Property details
Coordinates: [47.529259, -52.755628]
Rooms
| Basement | Utility room | 26.10 x 29.2 null |
| Lower level | Other Family room Office Bedroom Bath (# pieces 1-6) Laundry room | 14.1 x 6.7 null 15.9 x 12.8 null 9.8 x 14.4 null 9.7 x 10 null 6.1 x 6.7 null 9.6 x 6.7 null |
| Second level | Primary Bedroom Bedroom Bedroom Bath (# pieces 1-6) | 11.6 x 12.8 null 14 x 10.6 null 11.6 10.10 null 11.7 x 6.7 null |
| Main level | Other Porch Foyer Eat in kitchen Dining room Living room | 7 x 11.2 null 4.5 x 8.3 null 6.2 x 4 null 11.1 x 13.3 null 10.8 x 13.7 null 15.7 x 15.6 null |
Basic Calculator
First Mortgage: $375,920
Mortgage insurance premium: $0
Total Financing: $375,920
Rough closing fee (1.5%): ~ $7,049
Total downpayment with estimated closing fee: $101,029
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,585 | $31,020 |
| Gross rental income (income/principal ratio) | 0.550% | 6.601% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $588 | $7,056 |
| Vacancy | $130 | $1,551 |
| Management Fee | $207 | $2,482 |
| Expense / Income Ratio | 22.75% | 22.75% |
| Cash Flow | $1,661 | $19,932 |
| Net Operating Income (NOI) | $1,661 | $19,932 |
| Capitalization Rate | 0.35% | 4.24% |
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