For sale · MLS® 1304900
464 Empire Avenue
St. John's, NL, A1E1W8
List price
$259,999
About this propertyMLS® 1304900
Welcome to 464 Empire Avenue, a centrally located bungalow offering a spacious main-floor layout, large lot and detached garage in the heart of St. John’s. Inside, the home features a bright and inviting living room, two well-sized bedrooms, a full bathroom and a generous eat-in kitchen with an abundance of cabinetry, plenty of room for a dining table and convenient main-floor laundry hookups. The oversized driveway provides ample off-street parking, while the large detached garage offers excellent storage, workspace or room for hobbies. Outside, the mature trees and generous lot provide plenty of outdoor space — a rare find in such a central location. Just steps from the Mundy Pond walking trail and recreation facilities, with schools, grocery stores, public transit and everyday amenities nearby. Memorial University, the Health Sciences Centre, St. Clare’s Mercy Hospital, Avalon Mall and downtown St. John’s are all just minutes away. If you’re looking for a detached home with a garage, great outdoor space and easy access to everything the city has to offer, 464 Empire Avenue is one to see. (id:56688)
Property details
Coordinates: [47.55248, -52.745827]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Primary Bedroom Dining room Living room Kitchen Porch | 4.11 X 8.7 null 9.5 X 12.1 null 9.5 X 11.1 null 9.7 X 12.5 null 13.11 X 11.1 null 15.6 X 13.4 null 6.8 X 4.7 null |
Basic Calculator
First Mortgage: $208,000
Mortgage insurance premium: $0
Total Financing: $208,000
Rough closing fee (1.5%): ~ $3,900
Total downpayment with estimated closing fee: $55,900
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,636 | $19,632 |
| Gross rental income (income/principal ratio) | 0.629% | 7.551% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $325 | $3,900 |
| Vacancy | $82 | $982 |
| Management Fee | $131 | $1,571 |
| Expense / Income Ratio | 19.87% | 19.87% |
| Cash Flow | $1,099 | $13,188 |
| Net Operating Income (NOI) | $1,099 | $13,188 |
| Capitalization Rate | 0.42% | 5.07% |
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