For sale · MLS® 1304174
4 McGrath Crescent
Mount Pearl, NL, A1N4H3
List price
$339,900
About this propertyMLS® 1304174
Located on a quiet street in Powers Pond, this split-entry home has plenty of room for the family, a convenient location, and an in-law suite. Walking distance from multiple schools, walking trails, recreation facilities, grocery stores, and everyday amenities, it's a location that's hard to beat. The main floor features a bright living room, a separate dining area, kitchen, three bedrooms, and a full bathroom. Downstairs, there is a large rec room, a fourth bedroom, and a laundry room. Hardwood and ceramic tile flooring throughout the main living area. The lower level also includes a compact, comfortable one-bedroom in-law suite with its own kitchen, living room, separate exterior entrance, and access to a shared three-piece bathroom. This versatile space offers options for extended family or additional household living arrangements. Outside, you'll find a fenced backyard with drive-in access, a storage shed, and a large rear deck with plenty of room to enjoy the outdoors. With approximately 2,000 square feet of developed living space, a versatile layout, and plenty of potential for cosmetic updates and improvements, this property offers an opportunity to create something special. Whether you're looking for a family home with room to grow, space for extended family, or a property where you can build equity through renovations, 4 McGrath Crescent has plenty to offer. All in a fantastic, established Mount Pearl neighbourhood! No conveyance of offers until 1:00 PM on October 21st, 2026 per the attached Seller Direction. (id:56688)
Property details
Coordinates: [47.515133, -52.82419]
Rooms
| Basement | Not known Not known Not known Bath (# pieces 1-6) Recreation room | 8.3 x 7.10 null 12.9 x 10.4 null 10 x 9.8 null 9.7 x 2.10 null 21.3 x 10.6 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room | 8.6 x 4.11 null 8.6 x 8.6 null 9.5 x 8.2 null 11.1 x 10.4 null 15.3 x 8.9 null 11.2 x 8.1 null 15.10 x 11.2 null |
Basic Calculator
First Mortgage: $271,920
Mortgage insurance premium: $0
Total Financing: $271,920
Rough closing fee (1.5%): ~ $5,099
Total downpayment with estimated closing fee: $73,079
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,200 | $26,400 |
| Gross rental income (income/principal ratio) | 0.647% | 7.767% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $425 | $5,100 |
| Vacancy | $110 | $1,320 |
| Management Fee | $176 | $2,112 |
| Expense / Income Ratio | 19.32% | 19.32% |
| Cash Flow | $1,489 | $17,868 |
| Net Operating Income (NOI) | $1,489 | $17,868 |
| Capitalization Rate | 0.44% | 5.26% |
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