For sale · MLS® 1304471
52 Cabot Street
St. John's, NL, A1C1Z6
List price
$240,000
About this propertyMLS® 1304471
Welcome to downtown living at its best. Just steps away from the entertainment district of St. John's 52 Cabot is perfectly positioned. This incredible well maintained 3 bed 1 bath home has many upgrades including but not limited to fresh paint throughout, renovated kitchen with dishwasher installation, backsplash, new countertops, and painted cabinets, new heat pump in 2022 for heat and A/C. Bedrooms are a generous size up on the second level and bathroom has been modernized with new sink and countertop vanity. On the outside you have a fully fenced yard that has had A complete landscaping overhaul with stone patio - backyard receives full sun all day long and to top it off a large shed in perfect condition with electrical included. What's not to love? (id:56688)
Property details
Coordinates: [47.562142, -52.715094]
Rooms
| Second level | Primary Bedroom Bath (# pieces 1-6) Bedroom Bedroom | 13'6"" x 10'2"" null 6'9"" x 7'4"" null 8'6"" x 7'11"" null 9'6"" x 8'7"" null |
| Main level | Mud room Eat in kitchen Laundry room Living room Foyer | 4'3"" x 5'11"" null 15'7"" x 9'0"" null 10'8"" x 4'1"" null 12'1"" x 15'10"" null 3'2"" x 6'0"" null |
Basic Calculator
First Mortgage: $192,000
Mortgage insurance premium: $0
Total Financing: $192,000
Rough closing fee (1.5%): ~ $3,600
Total downpayment with estimated closing fee: $51,600
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,043 | $12,516 |
| Gross rental income (income/principal ratio) | 0.435% | 5.215% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $300 | $3,600 |
| Vacancy | $53 | $626 |
| Management Fee | $84 | $1,002 |
| Expense / Income Ratio | 28.76% | 28.76% |
| Cash Flow | $608 | $7,296 |
| Net Operating Income (NOI) | $608 | $7,296 |
| Capitalization Rate | 0.25% | 3.04% |
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