For sale · MLS® 1304706
33 Ledrew's Road
Conception Bay South, NL, A1X3B9
List price
$299,900
About this propertyMLS® 1304706
Welcome to 33 Ledrews Road, located in the heart of Conception Bay South on one of Kelligrews’ most sought-after streets. Situated on a mature 93' × 150' lot, this spacious property offers an excellent opportunity for buyers looking for a single-family home with plenty of room inside and out. The oversized lot provides great backyard space and plenty of room to build a detached garage in the future. The main floor features three bedrooms and a functional layout with plenty of potential to make the home your own. Downstairs, the lower level offers the flexibility of a separate basement suite, making it ideal for extended family, guests, or added rental income if desired. A large in-house workshop provides exceptional space for tradespeople, hobbyists, projects, or additional storage and adds even more versatility to the home. Located close to schools, shopping, recreation, restaurants, walking trails, and all the amenities CBS has to offer, this is a great opportunity to own a spacious family home on a large lot in a highly desirable area, with the added bonus of optional income potential. Call today to arrange your private viewing. (id:56688)
Property details
Coordinates: [47.499026, -53.014185]
Rooms
| Basement | Workshop Not known Bath (# pieces 1-6) Not known Not known Not known Porch | 27x11 null 10x6 null B4 null 10X10 null 13X9.7 null 13X9.7 null 5.7X5.5 null |
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Bedroom Kitchen Living room Foyer | 7.7x7.3 null B4 null 11x8 null 13.7x12.9 null 11x8 null 12.6x10.8 null 16x13 null 4x12 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,981 | $23,772 |
| Gross rental income (income/principal ratio) | 0.661% | 7.927% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $100 | $1,189 |
| Management Fee | $159 | $1,902 |
| Expense / Income Ratio | 18.93% | 18.93% |
| Cash Flow | $1,349 | $16,188 |
| Net Operating Income (NOI) | $1,349 | $16,188 |
| Capitalization Rate | 0.45% | 5.40% |
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