For sale · MLS® 1304719
87 Guzzwell Drive
St. John's, NL, A1A4M6
List price
$389,900
About this propertyMLS® 1304719
Welcome to 87 Guzzwell Drive! Situated in a popular east end neighbourhood, this home holds so much potential, whether it's an investment property, or a family home with the benefit of a mortgage supplementing apartment below. The main floor features a spacious, open concept living room and dining room, with large windows allowing for plenty of natural light, while a mini-split provides year round comfort and efficiency. The kitchen offers plenty of cabinet space along with access to the rear deck. The remainder of the main floor is comprised of a large primary bedroom that could easily be divided into two bedrooms, a second nicely sized bedroom, and the main bathroom. Downstairs locates a versatile space for the main unit, whether it's a rec room or additional storage, along with the 2 bedroom basement apartment. The fenced backyard includes plenty of space for all your needs and features a storage shed and deck. Located in a family friendly neighbourhood near schools, shopping, and beautiful walking trails, you'll want to add this home to your must-see list! As per attached Seller's Direction, there will be no conveyance of offers prior to 3pm on Monday, October 26th, with offers to remain open until 8pm the same day. (id:56688)
Property details
Coordinates: [47.594725, -52.702018]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Recreation room | 9.7x5.6 null 9.3x8.0 null 11.1x13.10 null 8.9x10.7 null 13.0x14.1 null 17.2x13.0 null |
| Main level | Porch Bath (# pieces 1-6) Bedroom Primary Bedroom Kitchen Dining room Living room Foyer | 4.0x8.5 null 5.1x8.5 null 14.8x10.1 null 11.5x18.8 null 12.9x8.5 null 12.9x8.2 null 12.9x14.5 null 6.0x2.6 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 | $2,475 | $29,700 |
| Gross rental income (income/principal ratio) | 0.635% | 7.617% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $488 | $5,856 |
| Vacancy | $124 | $1,485 |
| Management Fee | $198 | $2,376 |
| Expense / Income Ratio | 19.72% | 19.72% |
| Cash Flow | $1,666 | $19,992 |
| Net Operating Income (NOI) | $1,666 | $19,992 |
| Capitalization Rate | 0.43% | 5.13% |
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