6 Meadow Road
Paradise, NL, A1L2R3
3 Beds | 2 Baths
$409,900
About the property (MLS: 1269076):
Talk about an attractive home! This brand new split entry home has all of the curb appeal and functionality you need. Located on a very peaceful street in Paradise, this new home has 3 bedrooms with a large 17X18 in house garage for all of your storage and toy needs! The open concept design makes living here an absolute breeze and there is still time to add your custom touches to it to make it your own. Ever dream of using your design touch to bring a home to life? This is that opportunity to make it exactly the way you'd like it . (id:56688)
Property Details
Listing ID: 26667501
Address: 6 Meadow Road, Paradise, Newfoundland & Labrador, Canada A1L2R3
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,137 square feet
Price per sq ft: $192
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.541357, -52.897314]
Rooms
| Main level | Bedroom Primary Bedroom Dining room Kitchen Living room Bath (# pieces 1-6) Bath (# pieces 1-6) | 12 x 8.6 feet 12.5 x 12.11 feet 8 x 14 feet 8.5 x 14.6 feet 11.1 x 16 feet E3 feet B4 feet |
| Lower level | Bedroom | 12.11 x 8.85 feet |
Basic Calculator
First Mortgage: $327,920
Mortgage insurance premium: $0
Total Financing: $327,920
Rough closing fee (1.5%): ~ $6,149
Total downpayment with estimated closing fee: $88,129
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,351 | $28,212 |
| Gross rental income (income/principal ratio) | 0.574% | 6.883% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $513 | $6,156 |
| Vacancy | $118 | $1,411 |
| Management Fee | $189 | $2,257 |
| Expense / Income Ratio | 21.82% | 21.82% |
| Cash Flow | $1,533 | $18,396 |
| Net Operating Income (NOI) | $1,533 | $18,396 |
| Capitalization Rate | 0.37% | 4.49% |
