For sale · MLS® 1304609
296 Fowlers Road
Conception Bay South, NL, A1W4K1
List price
$389,900
About this propertyMLS® 1304609
Situated on a large lot surrounded by mature trees, this well-maintained multilevel home offers plenty of space inside and out. Four bedrooms are conveniently located together on the upper level, along with a full bathroom. The main floor features an open-concept kitchen, dining area and sunken living room, creating a welcoming space for everyday living and entertaining. A new mini-split provides added comfort year-round. From the dining area, step outside to enjoy the spacious, fenced backyard with southern exposure, mature trees and plenty of room for play, gardening or relaxing on the patio. A 12 x 19 storage shed provides convenient outdoor storage. The lower level includes a generous family room, second bathroom, dedicated laundry room and versatile office space. An additional unfinished basement offers ample room for storage or hobbies. With shingles replaced in 2022, a functional layout and a beautiful outdoor setting, this home has plenty to offer. (id:56688)
Property details
Coordinates: [47.513817, -52.926557]
Rooms
| Basement | Storage | 21.5 X 22 null |
| Lower level | Bath (# pieces 1-6) Office Laundry room Family room | 7.1 X 4.2 null 10.5 X 8.9 null 13.2 X 9.1 null 24.1 X 12.9 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Primary Bedroom | 8.9 X 4.10 null 9.5 X 10.8 null 9.8 X 12.1 null 12.4 X 10.8 null 14.5 X 12.1 null |
| Main level | Living room Dining room Kitchen | 16.6 X 13.4 null 7.1 X 10.9 null 14.9 X 10.9 null |
Basic Calculator
First Mortgage: $311,920
Mortgage insurance premium: $0
Total Financing: $311,920
Rough closing fee (1.5%): ~ $5,849
Total downpayment with estimated closing fee: $83,829
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,541 | $30,492 |
| Gross rental income (income/principal ratio) | 0.652% | 7.820% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $488 | $5,856 |
| Vacancy | $128 | $1,525 |
| Management Fee | $204 | $2,440 |
| Expense / Income Ratio | 19.21% | 19.21% |
| Cash Flow | $1,723 | $20,676 |
| Net Operating Income (NOI) | $1,723 | $20,676 |
| Capitalization Rate | 0.44% | 5.30% |
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