1457 Topsail Road
Paradise, NL, A1L1P9
5 Beds | 2 Baths
$314,900
About the property (MLS: 1272403):
New to the market this beautiful single family with 5 bedrooms on a large lot containing large kitchen, dining/living room combo,3 good size bedrooms. Basement contains 2 more bedrooms ,family room full bath and laundry. There is backyard access and a large deck also backing on a greenbelt. Freshly painted and numerous upgrades including new windows and doors in 2023 and siding done in 2018,new air exchanger in 2023 and new real property report done in Dec 2023 . This home is sure to please any buyer. Call listing agent for your private viewing (id:56688)
Property Details
Listing ID: 26919006
Address: 1457 Topsail Road, Paradise, Newfoundland & Labrador, Canada A1L1P9
Status: Active
Last updated: 2 years ago ( May 22, 2024 )
Year Built: 1964
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,112 square feet
Price per sq ft: $150
Tax Annual Amount: $2,690
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.532062, -52.856141]
Rooms
| Basement | Bedroom Bedroom Bath (# pieces 1-6) Laundry room Family room | 11 x 9 feet 14-8 x 7-5 feet 9x 6 feet 11-7 x 7-10 feet 11 x 9-7 feet |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Living room/Dining room Kitchen | 4-11 x 9-6 feet 9-10 x 10 feet 11-4 x 10 feet 11-4 x 9-6 feet 12-2 x 23-6 feet 10 x 9-6 feet |
Basic Calculator
First Mortgage: $251,920
Mortgage insurance premium: $0
Total Financing: $251,920
Rough closing fee (1.5%): ~ $4,724
Total downpayment with estimated closing fee: $67,704
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,324 | $27,888 |
| Gross rental income (income/principal ratio) | 0.738% | 8.856% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $394 | $4,728 |
| Vacancy | $117 | $1,395 |
| Management Fee | $186 | $2,232 |
| Expense / Income Ratio | 16.95% | 16.95% |
| Cash Flow | $1,628 | $19,536 |
| Net Operating Income (NOI) | $1,628 | $19,536 |
| Capitalization Rate | 0.52% | 6.20% |
