About this propertyMLS® 1304474
Welcome to the much anticipated Southern Edge Subdivision brought to you by award-winning builder Reardon Construction and Development, located in a quiet area of Goulds. The first new development for the area in over 10 years, this is finally your chance to own a new home in this community. Lot 15 offers an amazing plan with every single inch of the property utilized with lots of storage. The main floor offers an amazing open concept layout featuring and half bath, tiled propane fire place and connection for propane range. The huge garage with mezzanine off the stairwell is very convenient. The second floor is home to 4 ample sized bedrooms, and another bathroom. The master bedroom sports a wonderful ensuite and huge walk in closet. The basement houses a huge, finished rec room , finished full bathroom and an unfinished utility room. Within walking distance to three amazing schools with fantastic French and athletic programs. With almost every amenity and service, you can think of just at your fingertips you will be pleased to know that doctors offices, dentists offices, pharmacies, chiropractors offices, optometrists offices, hair salons, dog groomers, grocery store, hardware store, post office, restaurants, pubs, churches, and recreation are just around the corner. Located less than 15 minutes to downtown St. John's, to Mount Pearl shopping Centres and scenic Petty Harbour and Maddox Cove. A hop, skip, and a jump from beautiful Forest Pond and Second Pond as well as kilometers of walking trails, fantastic snowmobiling, and ATVing - you are never far from the outdoors. (id:56688)
Property details
Coordinates: [47.457263, -52.765854]
Rooms
| Basement | Recreation room Bath (# pieces 1-6) Utility room | 25x13 null 4PC null 14x8.10 null |
| Second level | Bedroom Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 12.5x9.8 null 3PC null 4PC null 10.10x10 null 10.10x10 null 13.10x13 null |
| Main level | Bath (# pieces 1-6) Foyer Kitchen Living room | 2PC null 7.7x6.9 null 23x12.5 null 13x12 null |
Basic Calculator
First Mortgage: $543,920
Mortgage insurance premium: $0
Total Financing: $543,920
Rough closing fee (1.5%): ~ $10,199
Total downpayment with estimated closing fee: $146,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,794 | $33,528 |
| Gross rental income (income/principal ratio) | 0.411% | 4.931% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $850 | $10,200 |
| Vacancy | $140 | $1,677 |
| Management Fee | $224 | $2,683 |
| Expense / Income Ratio | 30.42% | 30.42% |
| Cash Flow | $1,581 | $18,972 |
| Net Operating Income (NOI) | $1,581 | $18,972 |
| Capitalization Rate | 0.23% | 2.79% |
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