For sale · MLS® 1304879
60 Moffatt Road
Mt Pearl, NL, A1N5B9
List price
$620,000
About this propertyMLS® 1304879
Welcome to this beautiful fully developed two-storey home, located in Pearlview Subdivision - offering the perfect combination of comfort, style, and functionality! The main floor features a bright, spacious open-concept layout, ideal for everyday living and entertaining. The inviting living room showcases an electric fireplace, while the kitchen offers a centre island, under-cabinet lighting, and a convenient pantry. Completing the main level are a half bath and main floor laundry. 2nd floor, you’ll find three generously sized bedrooms, including the primary suite featuring a walk-in closet and ensuite. The fully developed basement provides additional living space with a spacious rec room, bar area perfect for entertaining, fourth bedroom, and full bathroom. Additional features include a two-head mini-split system for efficient heating and cooling, along with an in-house speaker system. Outside is just as impressive! The property is fully landscaped and features a large paved driveway with rear yard access, and a fenced backyard. In addition to the attached garage, there’s a 20’ x 24’ detached garage, complete with a loft, electrical wiring, and wood stove—ideal for a workshop, hobbies, or extra storage. Truly move-in ready, this home has everything you need and more. All that’s left to do is unpack, settle in, and enjoy! (id:56688)
Property details
Coordinates: [47.531027, -52.81306]
Rooms
| Basement | Bath (# pieces 1-6) Bedroom Games room Recreation room | 3PC null 9.8x10.7 null 11.5x8.6 null 11x23.8 null |
| Second level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 3PC null 4PC null 13x9.9 null 10.7x9.5 null 14x11.9 null |
| Main level | Bath (# pieces 1-6) Kitchen Dining room Living room/Fireplace | 2PC null 10x13.7 null 11x12 null 14.5x11.9 null |
Basic Calculator
First Mortgage: $496,000
Mortgage insurance premium: $0
Total Financing: $496,000
Rough closing fee (1.5%): ~ $9,300
Total downpayment with estimated closing fee: $133,300
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,557 | $30,684 |
| Gross rental income (income/principal ratio) | 0.412% | 4.949% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $775 | $9,300 |
| Vacancy | $128 | $1,535 |
| Management Fee | $205 | $2,455 |
| Expense / Income Ratio | 30.31% | 30.31% |
| Cash Flow | $1,450 | $17,400 |
| Net Operating Income (NOI) | $1,450 | $17,400 |
| Capitalization Rate | 0.23% | 2.81% |
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