4 Tottenham Place
Paradise, NL, A1L0Z2
5 Beds | 3 Baths
$454,900
About the property (MLS: 1271831):
Attention potential owner occupiers and investors! If you are looking for a quality home in great condition in a fantastic neighborhood on a quiet cul de sac, this might be just the property for you. 4 Tottenham Pl is an oversized raised bungalow two apartment home. It has a large ceramic tiled front foyer, open concept kitchen with island and spacious living room space. There's a walkout through the rear patio doors to the fenced rear yard. The main floor has hardwood floors throughout including the three large bedrooms (no photo of the third bedroom as it's being used as storage). The master has a walk-in closet and 4 piece ensuite. The main unit also has a large rec room in the basement complete with utility and storage room. The walk-in grade level apartment is perfect for any older tenant(s) or anyone with a mobility issue. Upon entering the right had side entrance you'll be stepping through the foyer area into the open concept kitchen/eat-in dining space and living room. There are two generous sized bedrooms and a large full bathroom with storage and utility off of it. The home is currently rented to tenants on fixed term leases. The upstairs tenant is paying $2,000 per month POU with a lease until October 1st 2024. The basement tenant is paying $1,050 per month POU on a lease until January 1st 2025. Tenants keep the property incredibly well (as you'll see if you view ) and would like to stay. (id:56688)
Property Details
Listing ID: 26862198
Address: 4 Tottenham Place, Paradise, Newfoundland & Labrador, Canada A1L0Z2
Status: Active
Last updated: 2 years ago ( May 17, 2024 )
Year Built: 2013
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other, Ceramic Tile
Fencing: Fence
Living Area Total: 2,700 square feet
Price per sq ft: $169
Tax Annual Amount: $2,752
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted, Other, Ceramic Tile
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 26
Rurl
Coordinates: [47.555572, -52.896655]
Rooms
| Basement | Bedroom Bedroom Living room Kitchen | 9'2""x9'9"" feet 11'6""x10'6"" feet 12'6""x11'6"" feet 12'x11'6"" feet |
| Main level | Recreation room Foyer Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room | 15'10""x11' feet 7.8x4.1 feet 10.8x10.4 feet 11x10.8 feet 14'6""x12.8 feet 17'6""x13' feet 18x12 feet 19'6""x13' feet |
Basic Calculator
First Mortgage: $363,920
Mortgage insurance premium: $0
Total Financing: $363,920
Rough closing fee (1.5%): ~ $6,824
Total downpayment with estimated closing fee: $97,804
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,971 | $35,652 |
| Gross rental income (income/principal ratio) | 0.653% | 7.837% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $569 | $6,828 |
| Vacancy | $149 | $1,783 |
| Management Fee | $238 | $2,853 |
| Expense / Income Ratio | 19.15% | 19.15% |
| Cash Flow | $2,016 | $24,192 |
| Net Operating Income (NOI) | $2,016 | $24,192 |
| Capitalization Rate | 0.44% | 5.32% |
