For sale · MLS® 1304447
15 Maclaren Place
St. John’s, NL, A1B5E1
List price
$325,000
About this propertyMLS® 1304447
Welcome to this well located townhome in a sought after, family friendly neighbourhood. Conveniently situated close to Memorial University, Avalon Mall, public transit, schools, shopping, and a variety of everyday amenities, this property offers both comfort and convenience. The bright and inviting main floor features a comfortable living room and a spacious eat-in kitchen with access to the rear patio and private backyard. The fully fenced yard is ideal for children and pets, while the stamped concrete patio provides the perfect setting for summer entertaining and outdoor enjoyment. The second floor offers two well-appointed bedrooms and a full bathroom, with the primary bedroom featuring a walk-in closet for added storage and convenience. The basement provides additional living space with a family room, laundry area, and a second full bathroom, adding to the home's overall functionality. An excellent opportunity to own a comfortable home in a convenient location, perfect for families, first time buyers, or anyone looking to enjoy all that this desirable neighbourhood has to offer! (id:56688)
Property details
Coordinates: [47.566559, -52.772193]
Rooms
| Main level | Kitchen Dining room Living room | 11’6 x 11’2 null 7’4 x 9’4 null 11’6 x 13’6 null |
| Basement | Bath (# pieces 1-6) Family room | 8’1 x 4’5 null 9’11 x 25’2 null |
| Second level | Bath (# pieces 1-6) Primary Bedroom Bedroom | 8’2 x 5’4 null 12’3 x 11’6 null 11’4 x 10’8 null |
Basic Calculator
First Mortgage: $260,000
Mortgage insurance premium: $0
Total Financing: $260,000
Rough closing fee (1.5%): ~ $4,875
Total downpayment with estimated closing fee: $69,875
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,558 | $18,696 |
| Gross rental income (income/principal ratio) | 0.479% | 5.753% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $407 | $4,884 |
| Vacancy | $78 | $935 |
| Management Fee | $125 | $1,496 |
| Expense / Income Ratio | 26.12% | 26.12% |
| Cash Flow | $949 | $11,388 |
| Net Operating Income (NOI) | $949 | $11,388 |
| Capitalization Rate | 0.29% | 3.50% |
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