Type something to search...
TelephoneEmail310 Three Island Pond Road, Paradise, Newfoundland & Labrador, Canada A1L2E7

310 Three Island Pond Road

Paradise, NL, A1L2E7

location

4 Beds | 4 Baths

$1,499,500

310 Three Island Pond Road Paradise Newfoundland & Labrador Canada A1L2E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
310 Three Island Pond Road Paradise Newfoundland & Labrador Canada A1L2E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
310 Three Island Pond Road Paradise Newfoundland & Labrador Canada A1L2E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
310 Three Island Pond Road Paradise Newfoundland & Labrador Canada A1L2E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
310 Three Island Pond Road Paradise Newfoundland & Labrador Canada A1L2E7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1272135):

Experience the epitome of luxury living in this stunning executive ranch-style bungalow, boasting breathtaking pond views and private pond frontage! Strategically positioned on an expansive ~1.5-acre lot, no expense has been spared in crafting a residence that exemplifies unparalleled quality, craftsmanship, and attention to detail, catering to the most discerning buyers. Designed for seamless entertaining, the main floor's bright and airy open concept showcases 10-foot tray ceilings and oversized windows that frame the picturesque views. The inviting family room features an elegant and contemporary propane fireplace with custom built-ins, seamlessly integrated with the chic kitchen and dining area. The gourmet kitchen is a chef's delight, boasting a massive sit-up island, premium solid surface countertops, custom backsplash, professional grade stainless steel appliances, and a pantry. A cozy den and a well-appointed laundry/mudroom with direct access to the attached garage (550 sq ft) complete the main level's functionality. The primary bedroom retreat is an oasis of luxury, offering dual walk-in closets and a lavish 5-piece spa-like ensuite with a generously sized glass shower and a relaxing soaker tub. Two additional spacious bedrooms and two full bathrooms provide ample accommodation for family or guests. Descending to the basement reveals an equally impressive space, featuring a sprawling rec room with a wet bar, a fourth bedroom with ensuite, and garage perfect for your recreational equipment (470 sq ft). Nestled with private pond frontage, this immaculate home is enriched with custom tray ceilings, professional landscaping, in-ceiling speakers (interior & exterior), low-maintenance composite deck, energy efficient heat pump, and Atlantic Home Warranty. This property is a must-see! (id:56688)

Property Details
MLS: 1272135
Listing ID: 26892565
Address: 310 Three Island Pond Road, Paradise, Newfoundland & Labrador, Canada A1L2E7
Status: Active
Last updated: a year ago ( May 15, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 4
1/2 Baths: 0
Heating: Heat Pump
Sewer: Septic tank
Flooring: Hardwood, Mixed Flooring
Living Area Total: 4,300 square feet
Price per sq ft: $349
Tax Annual Amount: $11,050
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Well
Foundation Details: Concrete
Heating: Heat Pump
Flooring: Hardwood, Mixed Flooring
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.506458, -52.892247]

Rooms

Basement
Ensuite
Bedroom
Recreation room
4pc
15.11x16.8 feet
21.3x35.0 feet
Main level
Bath (# pieces 1-6)
Bath (# pieces 1-6)
Bedroom
Bedroom
Ensuite
Storage
Storage
Primary Bedroom
Den
Not known
Laundry room
Dining room
Kitchen
Family room/Fireplace
3pc
5.3x8.4 4pc
12.0x13.0 feet
12.0x13.0 feet
16.4x7.10 5pc
5.0x6.10 WIC feet
7.2x6.10 WIC feet
16.4x19.0 feet
12.0x14.4 feet
6.0x8.2 feet
6.0x14.8 feet
15.4x15.3 feet
15.4x15.0 feet
18.8X20.8 feet

Basic Calculator



First Mortgage: $1,199,600

Mortgage insurance premium: $0

Total Financing: $1,199,600

Rough closing fee (1.5%): ~ $22,493

Total downpayment with estimated closing fee: $322,393

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$4,730$56,760
Gross rental income (income/principal ratio)0.315%3.785%
Mortgage$0$0
Monthly Expenses$1,875$22,500
Vacancy$237$2,838
Management Fee$379$4,541
Expense / Income Ratio39.64%39.64%
Cash Flow$2,241$26,892
Net Operating Income (NOI)$2,241$26,892
Capitalization Rate0.15%1.79%
Capitalization Rate: 1.79%
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).): $2,142,143