For sale · MLS® 1304799
13 Penmore Drive
Mount Pearl, NL, A1N1T3
List price
$419,000
About this propertyMLS® 1304799
Welcome to 13 Penmore Drive! Situated on a spacious 76 x 159 lot backing onto green space, this two-apartment home in Mount Pearl offers plenty of room inside and out. With drive-in access to a detached 18 x 36 garage, there’s ample space for parking, storage, and hobbies. The main home features a bright eat-in kitchen, separate dining room, and spacious living room. Upstairs, you’ll find three generously sized bedrooms and a four-piece bathroom with a separate shower and soaker tub. The lower level provides additional living space with a large rec room, an office or den, laundry, and storage. The one-bedroom apartment includes its own kitchen, living room, offering options for extended family or rental income. Located close to playgrounds, a baseball field, and the Team Gushue Sports Complex, this property combines a convenient location with a large lot, garage, and versatile living space. (id:56688)
Property details
Coordinates: [47.518047, -52.798375]
Rooms
| Basement | Bath (# pieces 1-6) Bedroom Living room Kitchen | 4PC null 11 X 10.6 null 11 X 14.8 null 10.5 X 12 null |
| Lower level | Storage Office Laundry room Recreation room | 8.9 X 4.6 null 8.9 X 9.11 null 8.9 X 8.4 null 24 X 17.11 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4PC null 11.6 X 10.11 null 11.9 X 14 null 12 X 13.3 null |
| Main level | Living room Dining room Kitchen | 14.6 X 16.9 null 10.8 X 12.6 null 11.5 X 10 null |
Basic Calculator
First Mortgage: $335,200
Mortgage insurance premium: $0
Total Financing: $335,200
Rough closing fee (1.5%): ~ $6,285
Total downpayment with estimated closing fee: $90,085
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,899 | $34,788 |
| Gross rental income (income/principal ratio) | 0.692% | 8.303% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $524 | $6,288 |
| Vacancy | $145 | $1,740 |
| Management Fee | $232 | $2,784 |
| Expense / Income Ratio | 18.08% | 18.08% |
| Cash Flow | $1,999 | $23,988 |
| Net Operating Income (NOI) | $1,999 | $23,988 |
| Capitalization Rate | 0.48% | 5.73% |
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