For sale · MLS® 1303853
55 Newtown Road
St. John's, NL, A1C4E3
List price
$299,900
About this propertyMLS® 1303853
This charming character home sits in the heart of old St. John’s, just over the hill from Downtown and Churchill Square, and only a few minutes’ walk to several schools, Sobeys and Coleman’s. Original hardwood floors, wood trim, fireplaces and staircase give the home its character, while 5 bedrooms and 2 full bathrooms make it as functional as it is beautiful. The main floor opens to a bright foyer, with the original hardwood staircase as its centre piece. From there, step into the large, sunlit living room, featuring an original fireplace and custom mid-century built-ins. Next is a cozy dining room, a well-appointed chef’s kitchen, a full bathroom, and a flexible room that works as a bedroom, den or office. Upstairs, you’ll find 4 bedrooms and a full bathroom. The basement’s open layout is ideal for storage or a workshop. (id:56688)
Property details
Coordinates: [47.567234, -52.71913]
Rooms
| Lower level | Storage | 13'5""x18'6"" null |
| Basement | Storage | 13'5""x20'5"" null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Bedroom | 3 Piece null 10'6""x10'7"" null 13'2""x13'1"" null 13'5""x13'10"" null 9'9""x11'10"" null |
| Main level | Bath (# pieces 1-6) Eat in kitchen Bedroom Dining room Living room | 3 Piece null 11'4""x13'11"" null 13'5""x9'9"" null 16'x9'11"" null 17'3""x15'6"" null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,098 | $37,176 |
| Gross rental income (income/principal ratio) | 1.033% | 12.396% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $155 | $1,859 |
| Management Fee | $248 | $2,975 |
| Expense / Income Ratio | 12.10% | 12.10% |
| Cash Flow | $2,321 | $27,852 |
| Net Operating Income (NOI) | $2,321 | $27,852 |
| Capitalization Rate | 0.77% | 9.29% |
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