
About the property (MLS: 1269567):
Construction is set to begin on this Beautiful 2 Bedroom 2 Bathroom Raised with a 1 Bedroom Apartment in Willowbanks Subdivision ( Adams Pond)...This Quality Built Home by DMP CONTRACTING offers a large foyer, large living room, kitchen with Center island, large master bedroom with en-suite and walk in closet. Basement offers a large 1 bedroom apartment with large kitchen, spacious family room, laundry….Home comes complete with dark siding & trim, crown moulding in main area, 10 x 12 patio, pot lights and generous Allowances for Cabinets, Flooring & Lighting....Front Landscaping & Paved Driveway....8 Year New Home Warranty..All Plywood Construction. Still time to customize this beautiful home....Conveniently located next to walking trails, shopping and other amenities (id:56688)
Property Details
Listing ID: 26732013
Address: 22 Rembrandt Boulevard, Paradise, Newfoundland & Labrador, Canada A1L3C1
Status: Active
Last updated: 2 years ago ( May 15, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 1,814 square feet
Price per sq ft: $229
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.541266, -52.884535]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Family room Kitchen Not known Laundry room Foyer | 8.8 x 5.5 feet 12.8 x 14.9 feet 14.6 x 12.5 feet 16.10 x 15.0 feet 16.9 x 20.0 feet 8.0 x 5.8 feet 10.11 x 7.0 feet |
| Second level | Ensuite Primary Bedroom Bedroom Bath (# pieces 1-6) Dining room Kitchen Living room | 6.8 x 6.8 feet 16.11 x 11.6 feet 12.7 x 9.4 feet 8.1 x 5.8 feet 11.0 x 10.11 feet 8.1 x 11.2 feet 16.6 x 12.7 feet |
Basic Calculator
First Mortgage: $331,920
Mortgage insurance premium: $0
Total Financing: $331,920
Rough closing fee (1.5%): ~ $6,224
Total downpayment with estimated closing fee: $89,204
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,996 | $23,952 |
| Gross rental income (income/principal ratio) | 0.481% | 5.773% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $519 | $6,228 |
| Vacancy | $100 | $1,198 |
| Management Fee | $160 | $1,917 |
| Expense / Income Ratio | 26.00% | 26.00% |
| Cash Flow | $1,218 | $14,616 |
| Net Operating Income (NOI) | $1,218 | $14,616 |
| Capitalization Rate | 0.29% | 3.52% |


