22 Stapleton's Road
Paradise, NL, A1L3T9
4 Beds | 3 Baths
$525,000
About the property (MLS: 1272412):
This fully developed bungalow shows pride in ownership and includes an abundance of natural light! The quality and attention to detail is breathtaking and above average. The main level features 9' ceilings, some granite counter tops in the custom white kitchen, mini split , open concept kitchen, dining and living room area, primary bedroom with ensuite and walk in closet, 2 additional bedrooms and full bath. The basement is above ground with a ribbon of big windows to allow all the natural light to flow and includes a walk out. You don’t feel like you are in a basement. The basement features 9ft ceilings, mini split, bedroom, full bath, family room,, storage room and laundry plus a bonus room. The basement can easily be an ideal space for a in law apt etc. The property is situated on a fully landscaped lot and offers privacy with a view of the ocean. The school bus stop is right outside your door! (id:56688)
Property Details
Listing ID: 26919004
Address: 22 Stapleton's Road, Paradise, Newfoundland & Labrador, Canada A1L3T9
Status: Active
Last updated: 2 years ago ( May 21, 2024 )
Year Built: 2017
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Ceramic Tile
Living Area Total: 2,720 square feet
Price per sq ft: $194
Tax Annual Amount: $3,794
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Ceramic Tile
Exterior Features: Wood shingles, Vinyl siding
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.576405, -52.896981]
Rooms
| Basement | Laundry room Not known Bath (# pieces 1-6) Bedroom Recreation room | 11.4 x 6.7 feet 14.7 x 13.6 feet 10.9 x 8.17 feet 10.9 x 8.2 feet 15.3 x 26 x 6 feet |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Living room Kitchen | 6.7 x 8.3 feet 12. X 9.9 feet 10 x 9 feet 8.4 x 8.5 feet 15.6 x 11.9 feet 17.5 x 19.6 feet 12.3 x 17.8 feet |
Basic Calculator
First Mortgage: $420,000
Mortgage insurance premium: $0
Total Financing: $420,000
Rough closing fee (1.5%): ~ $7,875
Total downpayment with estimated closing fee: $112,875
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,993 | $35,916 |
| Gross rental income (income/principal ratio) | 0.570% | 6.841% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $657 | $7,884 |
| Vacancy | $150 | $1,796 |
| Management Fee | $240 | $2,874 |
| Expense / Income Ratio | 21.95% | 21.95% |
| Cash Flow | $1,947 | $23,364 |
| Net Operating Income (NOI) | $1,947 | $23,364 |
| Capitalization Rate | 0.37% | 4.45% |
