For sale · MLS® 1304646
10 Roosevelt Avenue
Mount Pearl, NL, A1N1Z2
List price
$399,900
About this propertyMLS® 1304646
Welcome to this beautifully updated home offering an impressive amount of living space and the added flexibility of an in-law suite. Situated on a generous 75' x 150' lot in a beautiful area, this property offers approximately 1,072 sq. ft. on the main level plus approximately 1,072 sq. ft. on the lower level. The main level is bright and welcoming, featuring a beautifully updated kitchen with white cabinetry, modern finishes and all new appliances. Comfortable living spaces, plenty of natural light and tasteful updates throughout make this home move-in ready. The lower level provides substantial additional living space and includes an in-law suite, offering excellent flexibility for extended family or additional living accommodations. Several important upgrades and features add to the functionality of the home, including a redone roof, two mini-splits, two separate electrical panels, two hot water tanks. Outside, the mature, beautiful landscaped 75' x 150' lot provides plenty of room to enjoy the property and its surroundings with a storage garage, 28' x 12' for extra space. With approximately 2144 sq. ft. of space between both levels, an in-law suite and numerous updates, this property offers a wonderful combination of space, comfort and versatility. (id:56688)
Property details
Coordinates: [47.52132, -52.81282]
Rooms
| Basement | Storage Living room Bath (# pieces 1-6) Bedroom Kitchen | 18' x 6' null 15' x 14' null 8' x 5' null 11' x 9' null 11' x 7' null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Porch Living room Eating area Kitchen | 7' x 6' null 10' x 9' null 10' x 10' null 10' x 10' null 8' x 5' null 24' x 13' null 10' x 9' null 10' x 8' null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,363 | $28,356 |
| Gross rental income (income/principal ratio) | 0.591% | 7.091% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $119 | $1,418 |
| Management Fee | $190 | $2,269 |
| Expense / Income Ratio | 21.16% | 21.16% |
| Cash Flow | $1,556 | $18,672 |
| Net Operating Income (NOI) | $1,556 | $18,672 |
| Capitalization Rate | 0.39% | 4.67% |
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