For sale · MLS® 1304748
106 Cabot Street
St. John's, NL, A1C1Z8
List price
$349,900
About this propertyMLS® 1304748
A rare opportunity to own a detached home in the heart of Downtown St. John’s, complete with a fenced backyard AND off-street parking for 3 cars! Welcome to 106 Cabot Street, a charming 3-bedroom home ideally located close to everything Downtown St. John’s has to offer. Location, lifestyle, and income potential: this home puts you steps from downtown and ready to host. Inside you’ll find an open-concept main floor with character (two decorative fireplaces), a kitchen with dishwasher, range hood, and walk-in pantry, plus 3 bedrooms upstairs and 1 bath. Two mini-splits and a roof replaced in 2020 keep the home comfortable and move-in ready. About 1,695 sq ft above grade, with roughly 750 sq ft of unfinished basement waiting for your vision: extra guest space, storage, or workshop. Outside is the rare downtown combo: off-street parking for 3 cars and a fully fenced yard with fire pit, stone seating, and gate access, ideal for entertaining guests or enjoying quiet evenings at home. Everyday amenities are about a 5-minute walk away, groceries, restaurants, coffee shops, and nightlife. Memorial University is roughly a 20-minute walk or 5-minute drive, with transit nearby. Whether you’re looking for a primary residence, an investment property, or to establish an Airbnb in beautiful downtown, 106 Cabot Street delivers location, parking, outdoor space, and room to grow. (id:56688)
Property details
Coordinates: [47.560057, -52.717248]
Rooms
| Second level | Foyer Bedroom Bedroom Bedroom | 11'4 X 8'7 null 12'10 X 11'2 null 12'7 X 11'2 null 7'3 X 8'7 null |
| Third level | Bath (# pieces 1-6) | 3 PC null |
| Main level | Living room Not known Porch Laundry room Dining room Foyer Kitchen | 14'7 X 12'5 null 6'4 X 4'5 null 6'0 X 6'3 null 6'4 X 5'3 null 12'7 X 9'2 null 12.8 X 7'5 null 12'8 X 10'2 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,203 | $26,436 |
| Gross rental income (income/principal ratio) | 0.630% | 7.555% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $111 | $1,322 |
| Management Fee | $177 | $2,115 |
| Expense / Income Ratio | 19.88% | 19.88% |
| Cash Flow | $1,479 | $17,748 |
| Net Operating Income (NOI) | $1,479 | $17,748 |
| Capitalization Rate | 0.42% | 5.07% |
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