About this propertyMLS® 1304817
Welcome to 22 Firdale Drive, a well-maintained 2-apartment home located in the sought-after community of Airport Heights. Offering approximately 2,700 square feet of living space, 5 bedrooms, and 3 bathrooms, this property provides an excellent combination of space, versatility, and income potential. The home features a practical 2-apartment layout, making it an ideal option for those looking to supplement their mortgage with rental income, accommodate extended family, or simply enjoy the flexibility of having a second living space. The main home offers plenty of room for a growing family, while the additional apartment provides valuable versatility. Outside, you'll find a fully fenced backyard with plenty of space to enjoy, along with a storage shed for added convenience. The property sits on an impressive lot, offering a generous outdoor area that is sure to appeal to families and those who enjoy having room to relax and entertain. With the added comfort and efficiency of a mini split. Located in a highly desirable Airport Heights neighbourhood, this home is conveniently close to St. John's International Airport, shopping, schools, recreation, and a variety of everyday amenities. Whether you're a homeowner looking for additional rental income or an investor seeking a versatile property in a desirable location, 22 Firdale Drive offers plenty of possibilities. Don't miss your opportunity to view this spacious 2-apartment home in Airport Heights! As per the sellers direction, no offers are to be presented prior to 6:00pm on Sunday Thursday October 29th and left open until 11:00pm on that day. (id:56688)
Property details
Coordinates: [47.603945, -52.750733]
Rooms
| Basement | Not known Bedroom Bedroom Not known Not known | 7.6X7.9 null 9X11.6 null 11.6X12.2 null 11X13.9 null 12.6X14 null |
| Main level | Laundry room Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Eat in kitchen Living room | 9.6X16.6 null 4PCS null 4PCS null 10X11.8 null 10X11.8 null 14.9X16.6 null 15X17.6 null 14.6X15 null |
Basic Calculator
First Mortgage: $375,920
Mortgage insurance premium: $0
Total Financing: $375,920
Rough closing fee (1.5%): ~ $7,049
Total downpayment with estimated closing fee: $101,029
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,966 | $35,592 |
| Gross rental income (income/principal ratio) | 0.631% | 7.574% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $588 | $7,056 |
| Vacancy | $149 | $1,780 |
| Management Fee | $238 | $2,848 |
| Expense / Income Ratio | 19.82% | 19.82% |
| Cash Flow | $1,993 | $23,916 |
| Net Operating Income (NOI) | $1,993 | $23,916 |
| Capitalization Rate | 0.42% | 5.09% |
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