Type something to search...
TelephoneEmail22 Rembrandt Boulevard, Paradise, Newfoundland & Labrador, Canada A1L3C1

22 Rembrandt Boulevard

Paradise, NL, A1L3C1

location

2 Beds | 2 Baths

$414,900

22 Rembrandt Boulevard Paradise Newfoundland & Labrador Canada A1L3C1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
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
MLS: 1269567
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

0000

Investment Calculator:

MonthlyYearly
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 Ratio26.00%26.00%
Cash Flow$1,218$14,616
Net Operating Income (NOI)$1,218$14,616
Capitalization Rate0.29%3.52%
Capitalization Rate: 3.52%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $592,715