For sale · MLS® 1304754
395 Hamilton Avenue Extension
St. John's, NL, A1E1K3
List price
$467,500
About this propertyMLS® 1304754
**No Sellers Direction** Located on the quiet side street of Hamilton Avenue EXTENSION, this immaculate, long-time family home has been meticulously maintained & thoughtfully improved by its current owner. This well-constructed property offers exceptional space for family living & entertaining, blending its original character with modern conveniences. The unique rear addition incorporates an in-house garage, a rare feature for a home of this vintage, along with a spectacular second-floor family room with private balcony & excellent sun exposure. The versatile layout also offers excellent potential for conversion to a 2-apartment home. The expansive main floor features an elegant foyer with a character staircase, adjoining living & dining rooms with walk-in bay window & original fireplaces (not currently in use). The dining room also offers a convenient built-in serving wet bar. The spacious eat-in kitchen boasts custom painted inset cabinetry & abundant storage & counter space. Completing this level is a 3pc bathroom, laundry area & access to the rear exterior & garage. The upper level offers 3 bedrooms, including one with a generous walk-in closet & another with a 2-piece powder room & additional storage, a dedicated office & a family bath featuring a 6-foot cast-iron clawfoot tub. A spectacular rear family room provides the perfect retreat, complete with a private balcony & a second staircase connecting to the main level. The unfinished basement provides ample additional storage. Thoughtful recent improvements include a multi-head mini-split system for energy-efficient heating & cooling. Outside, enjoy a beautifully landscaped, private lot ideally situated near the highly sought-after Cornwall Heights area. For added peace of mind, a home inspection has recently been completed by HouseMaster. A truly special property that is a pleasure to view, with quick closing available! (id:56688)
Property details
Coordinates: [47.546527, -52.735505]
Rooms
| Basement | Storage Storage | 10.9 x 10.1 null 12.10 x 35.5 null |
| Second level | Bath (# pieces 1-6) Office Bedroom Bedroom Ensuite Primary Bedroom Family room | 6.1 x 10.6 4pc 10.3 x 8.7 null 12.10 x 15.3 null 12.10 x 8.8 null 6.9 x 7.8 2pc 12.10 x 9.11 null 19.1 x 22.8 null |
| Main level | Mud room Bath (# pieces 1-6) Kitchen Dining room Mud room Porch | 8.11 x 7.3 null 6.1 x 8.10 3pc 11.6 x 21.5 null 13.8 x 15.2 null 13.8 x 15.7 null 4.11 x 4.0 null |
Basic Calculator
First Mortgage: $374,000
Mortgage insurance premium: $0
Total Financing: $374,000
Rough closing fee (1.5%): ~ $7,013
Total downpayment with estimated closing fee: $100,513
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,469 | $41,628 |
| Gross rental income (income/principal ratio) | 0.742% | 8.904% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $585 | $7,020 |
| Vacancy | $174 | $2,082 |
| Management Fee | $278 | $3,331 |
| Expense / Income Ratio | 16.86% | 16.86% |
| Cash Flow | $2,434 | $29,208 |
| Net Operating Income (NOI) | $2,434 | $29,208 |
| Capitalization Rate | 0.52% | 6.25% |
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