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$539,900

1025 Tamarack, Bathurst, NB, E2A 4G1

QuickQuoteTM: $486K - $591K
MLS® # NB111180

3+1 Beds

4 Baths

1800 FEETSQ sqft

Property Information:

Wow what an oasis of privacy, peace and tranquility in the centre of town! This amazing property is unlike any other. Fenced and offering trees and total seclusion yet in the city! The backyard is amazing offering an in ground pool with concrete surround, a huge detached garage for all your toys and hobbies, storage shed, pool house and an attached garage on the house. The house has charm, character and lovely curb appeal with a unique and pleasing stone facade, new stone walkway, paved driveway… beautiful landscape … enter and see the classic style of this country style home. Hardwood floors, stone propane fireplace in the dining room, kitchen with wood cabinetry, patio along the back of the house. Private office off the front entry ideal for anyone who wishes to work from home (currently used as a formal dining space), mud room with laundry area and half bath off the garage. Upstairs offers 3 large bedrooms, full bathroom and also master suite with ensuite with shower with body jets. Basement is finished with a 4th bedroom, 4th bathroom and office with 2nd fireplace and plenty of space for kids and teens to have their own areas! This is the epitome of a family home! Call today to have a private showings and see all it has to offer! Unique and truly one of a kind!

Building Features:

  • Floor Space: 1800 Square Feet
  • Garage: Yes
  • Total Finished Area: 2800 Square Feet

Property Features:

  • Bedrooms: 3+1
  • Bathrooms: 3+1
  • Built in: 1982
  • Driveway: Paved, Double
  • Exterior: Cultured Stone, Engineered-Wood Siding
  • Floor Space (approx): 1800 Square Feet
  • Flooring: Ceramic/Marble, Hardwood, Laminate
  • Foundation Basement: Concrete, Full, Fully Finished
  • Heating Cooling: Air Conditioning, Electric, Forced Air, Heat Pump - Ductless, Propane
  • Interior Features: Ensuite, Fireplace(s), Laundry - Main Floor, See Remarks
  • Land Features: Fenced, Landscaped
  • Property Size: 0.5 - 0.99 Acres
  • Property Style: 2 Storey
  • Roof: Metal
  • Water: Municipal

Rooms:

  • Bathroom Main Level
  • Living Main Level 5.36 m x 3.84 m
  • Kitchen Main Level 4.14 m x 4.50 m
  • Dining Main Level 3.66 m x 3.89 m
  • Other Main Level 3.61 m x 3.73 m Note: Dining Nook
  • Mudroom Main Level 3.96 m x 2.34 m
  • Bathroom 2nd Level
  • Bathroom 2nd Level
  • Bedroom 2nd Level 3.40 m x 3.33 m
  • Bedroom 2nd Level 4.47 m x 5.13 m
  • Primary Bedroom 2nd Level 5.69 m x 3.84 m
  • Bathroom Basement Level
  • Other Basement Level 2.82 m x 4.67 m Note: Den/Office
  • Recreation Room Basement Level 5.87 m x 9.78 m
  • Storage Basement Level 3.66 m x 5.71 m

Convert Measurement to:


Data provided by: Greater Moncton REALTORS® du Grand Moncton 541 St. George Blvd., Moncton, New Brunswick E1E 2B6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Potential Investment Performance

Cumulative ROI

84.3%

Cumulative Market Appreciation

$149,164

Net Operating Income in Year 5

$15,524

Cash on Cash Return in Year 5

-7.8%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$107,980
Mortgage Amount $431,920
Mortgage Payment
%
$2,241

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,732
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Total Operating Expenses $606
Net Operating Income $1,126
Debt Service
Mortgage Payment $2,241
Net Cash Flow -$1,114

Cap Rate

2.50%

Acquistion Costs

Down Payment $107,980
Land Transfer Tax $0
Legal Fees $1,500
Adjustments $0
Appraisal $500
Total Acquisition Costs $109,980

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Down Payment $107,980 - - - - - - - - -
Closing Costs $2,000 - - - - - - - - -
Mortgage Paydown $6,720$7,043$7,381$7,736$8,108$8,498$8,906$9,334$9,783$10,253
Total $116,700$7,043$7,381$7,736$8,108$8,498$8,906$9,334$9,783$10,253
Cash Invested $116,700$123,743$131,125$138,861$146,970$155,468$164,374$173,709$183,492$193,746
Rental Cash Flows
Rent and other income $20,788$21,412$22,054$22,716$23,397$24,099$24,822$25,567$26,334$27,124
Operating Expenses -$7,274-$7,447-$7,625-$7,807-$7,993-$8,184-$8,380-$8,581-$8,787-$8,998
Mortgage Payment -$26,892-$26,892-$26,892-$26,892-$26,892-$26,892-$26,892-$26,892-$26,892-$26,892
Net Cash Flow -$13,378-$12,927-$12,463-$11,983-$11,488-$10,977-$10,450-$9,907-$9,346-$8,767
Returns
Property Price Appreciation $26,995$28,344$29,761$31,250$32,812$34,453$36,175$37,984$39,883$41,878
Mortgage Paydown $6,720$7,043$7,381$7,736$8,108$8,498$8,906$9,334$9,783$10,253
Net Cash Flow -$13,378-$12,927-$12,463-$11,983-$11,488-$10,977-$10,450-$9,907-$9,346-$8,767
Total Return $20,337$22,460$24,680$27,003$29,432$31,973$34,631$37,412$40,321$43,364
Cumulative Return $20,337$42,797$67,477$94,480$123,913$155,886$190,518$227,930$268,251$311,616
Investment Metrics
Cumulative ROI 17.4% 34.6% 51.5% 68.0% 84.3% 100.3% 115.9% 131.2% 146.2% 160.8%
Cash On Cash -11.5% -10.4% -9.5% -8.6% -7.8% -7.1% -6.4% -5.7% -5.1% -4.5%
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Location of 1025 Tamarack, Bathurst, NB, E2A 4G1

Demographic Information of 1025 Tamarack, Bathurst, NB, E2A 4G1

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$88,348.08

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.57 %

High school certificate or equivalent

24.21 %

Apprenticeship trade certificate/diploma

8.42 %

College/non-university certificate

21.39 %

University certificate (below bachelor)

0.03 %

University Degree

19.38 %

Commuter

Travel To Work

By Car

89.05 %

By Public Transit

0.0 %

By Walking

2.44 %

By Bicycle

0.0 %

By Other Methods

8.51 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.21 %

Houses

81.79 %

Own Vs. Rent

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