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TelephoneEmail18 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K1

18 Carol Crescent

Paradise, NL, A1L4K1

location

3 Beds | 3 Baths

$409,000

18 Carol Crescent Paradise Newfoundland & Labrador Canada A1L4K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Carol Crescent Paradise Newfoundland & Labrador Canada A1L4K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Carol Crescent Paradise Newfoundland & Labrador Canada A1L4K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1272218):

Welcome to a new modern duplex in Jonathan Park, Paradise, a family-friendly area designed for comfortable and contemporary living. This stunning, quality-built home by award-winning Hann Construction Ltd offers an expansive 2,475 sq ft of living space, thoughtfully laid out with 3 spacious bedrooms, 2.5 bathrooms, and a versatile room located off the living room, perfect for working from home or managing household tasks. The primary bedroom is a true retreat, featuring an ensuite bathroom and a generous walk-in closet. For added convenience, the laundry facilities are located on the same floor as the bedrooms. The modern open-concept design of this home is perfect for both family life and entertaining, enhanced by a mini-split heat pump that ensures comfort and affordability. The kitchen boasts a separate pantry and a center island with seating, making meal preparation and casual dining a breeze. The large dining area and inviting living room further enhance the home's comfort complemented by an additional half bathroom for guests. The entry floor level can be completed with a rec room and extra bathroom for added living space. Outside, the property includes a fully landscaped lot and a sleek, modern exterior aesthetic that adds to its curb appeal. Additionally, the in-house heated garage provides convenience and comfort. To truly make this your dream home, you have the opportunity to choose your flooring, lighting, and other features, allowing you to infuse your personal style your new home. This home is backed by a 10-year Atlantic Home Warranty. HST rebate to be assigned to the builder on closing. All measurements are to be verified by the purchaser. (id:56688)

Property Details
MLS: 1272218
Listing ID: 26908475
Address: 18 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K1
Status: Active
Last updated: a month ago ( Nov 8, 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: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,475 square feet
Price per sq ft: $166
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.551191, -52.886787]

Rooms

Third level
Laundry room
Bath (# pieces 1-6)
Bedroom
Bedroom
Ensuite
Primary Bedroom
TBD
7.1 x 10.8 null
9.9 x 11.7 null
10.0 x 12.0 null
7.1 x 6.0 null
13.50 x 15.34 null
Second level
Bath (# pieces 1-6)
Not known
Kitchen
Not known
Dining room
Living room
5.10 x 5.0 null
5.1 x 5.8 null
4.8 x 14.10 null
7.9 x 7.6 null
16.3 x 9.8 null
12.0 x 14.6 null
Main level
Other
Not known
Porch
13.4 x 18.4 null
10.10 x 19.8 null
6.1 x 12 null

Basic Calculator



First Mortgage: $327,200

Mortgage insurance premium: $0

Total Financing: $327,200

Rough closing fee (1.5%): ~ $6,135

Total downpayment with estimated closing fee: $87,935

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,723$32,676
Gross rental income (income/principal ratio)0.666%7.989%
Mortgage$0$0
Monthly Expenses$512$6,144
Vacancy$137$1,634
Management Fee$218$2,615
Expense / Income Ratio18.80%18.80%
Cash Flow$1,858$22,296
Net Operating Income (NOI)$1,858$22,296
Capitalization Rate0.45%5.45%
Capitalization Rate: 5.45%
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).): $584,286