For sale · MLS® 1304236
69 Cypress Street
St. John's, NL, A1H0H8
List price
$699,999
About this propertyMLS® 1304236
Stunning two-storey home located on a family-friendly street in sought-after Southlands, just minutes from schools, shopping, the Summit Centre, and numerous other amenities. The bright and inviting main floor features an open-concept design with 9' ceilings, a well-appointed kitchen with ample cupboard and counter space, peninsula with breakfast bar, and ceramic flooring. The kitchen flows seamlessly into the dining area and cozy living room, complete with a mini-split for added comfort. A second living/rec room, convenient half bath, and laundry room complete the main level. Hardwood stairs lead to the upper level, where you'll find two spacious bedrooms, a main bathroom, and a generous primary suite. The primary bedroom features a walk-in closet and a private ensuite with both a shower and relaxing soaker tub. Outside, the property is fully landscaped and offers convenient rear access. Enjoy being within walking distance of Glendenning Golf Course and an abundance of nearby walking trails. A wonderful opportunity to own a well-maintained home in a highly desirable neighbourhood with space, comfort, and convenience for the whole family! (id:56688)
Property details
Coordinates: [47.490235, -52.825767]
Rooms
| Basement | Recreation room Not known Den Bath (# pieces 1-6) | 29.5x10.9 null 29.5x10.9 null 12.4x6.11 null 2pc 8.4x4.8 |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 4pc 12.2x13.6 null 11.10x14.6 null 4pc 11.10x18.6 null |
| Main level | Bath (# pieces 1-6) Den Eating area Family room Kitchen | 2pc 12.6x13 null 10x12.4 null 15x15 null 12x12.6 null |
Basic Calculator
First Mortgage: $560,000
Mortgage insurance premium: $0
Total Financing: $560,000
Rough closing fee (1.5%): ~ $10,500
Total downpayment with estimated closing fee: $150,500
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,367 | $40,404 |
| Gross rental income (income/principal ratio) | 0.481% | 5.772% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $875 | $10,500 |
| Vacancy | $169 | $2,021 |
| Management Fee | $270 | $3,233 |
| Expense / Income Ratio | 25.99% | 25.99% |
| Cash Flow | $2,055 | $24,660 |
| Net Operating Income (NOI) | $2,055 | $24,660 |
| Capitalization Rate | 0.29% | 3.52% |
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.