49 Fred W Brown Drive
Paradise, NL, A1L0W1
3 Beds | 3 Baths
$444,900
About the property (MLS: 1272473):
Move-In-Ready!! This beautiful 2 storey home is being built by Award Winning Cardinal Homes Limited. Its unique design and layout are sure to impress. The spacious main floor living room is opened to the kitchen and dining area, the kitchen has a 8 foot island, backsplash and walk in pantry. Upstairs you'll find 3 bedrooms including the primary which has a walk-in closet and 3 pc ensuite. The lower level is fully insulated and roughed in for an additional bathroom. This property comes with front landscaping with a paved driveway to the covered basement entrance, has rear yard access wit green area, 10x12 pressure treated patio and is FULL PLYWOOD BUILD. Home is also backed by a 10 year Atlantic New Home warranty Program plus a ONE YEAR warranty with the builder. HST rebate to be assigned to the builder on closing. Property Taxes are estimated. (id:56688)
Property Details
Listing ID: 26938102
Address: 49 Fred W Brown Drive, Paradise, Newfoundland & Labrador, Canada A1L0W1
Status: Active
Last updated: 2 years ago ( May 29, 2024 )
Year Built: 2023
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Living Area Total: 2,297 square feet
Price per sq ft: $194
Tax Annual Amount: $3,330
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.534098, -52.873848]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 3PC feet 12x11 feet 12x10.6 feet 3PC feet 11.6x15 feet |
| Main level | Bath (# pieces 1-6) Not known Dining room Kitchen Living room Foyer | 2PC feet . feet 11.6x9 feet 11.6x12 feet 12x20 feet 12x6 feet |
Basic Calculator
First Mortgage: $355,920
Mortgage insurance premium: $0
Total Financing: $355,920
Rough closing fee (1.5%): ~ $6,674
Total downpayment with estimated closing fee: $95,654
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,527 | $30,324 |
| Gross rental income (income/principal ratio) | 0.568% | 6.816% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $557 | $6,684 |
| Vacancy | $127 | $1,517 |
| Management Fee | $203 | $2,426 |
| Expense / Income Ratio | 22.04% | 22.04% |
| Cash Flow | $1,642 | $19,704 |
| Net Operating Income (NOI) | $1,642 | $19,704 |
| Capitalization Rate | 0.37% | 4.43% |
