About the property (MLS: 1272624):
Just shy of being a new build, this beautiful home is making its debut to market as original owner occupied, albeit since December only! Have we piqued your interest? Located in a new cul-de-sac in Paradise, here’s a chance to live in this neighborhood. The home has lots of style and sports an in-house garage. In addition to the original purchase price there were many additional features selected and money spent to enhance the look and value of the home. The main floor offers an open concept with white cabinetry & a navy-blue island, sizable dining space, cozy living room area & a ½ bath. The upper level presents 3 bedrooms with the primary one having an ensuite with a navy-blue vanity & walk-in closet, a main bath with a navy-blue vanity and an upstairs laundry boasting champagne color washer & dryer; best of all, no up & down flights of stairs with overloaded baskets of clothing! And, for a new build, you will be so pleased to learn that the family room has already been completed downstairs with a rough in for a bath next to it. The family room also has an egress window so it can add to your sleeping space for those overnight guests! The interior doors are lovely with all of the black hardware complementing the black spindles on the stairways. A 10 Year Atlantic Warranty, an upgraded electrical panel to 200 amps, kitchen microwave vented to the outside, black stainless-steel appliances, front & side landscaping and single paved driveway to be completed by the builder, and, the list goes on! We would welcome the opportunity to share any of our details about all of its extras. Oh, perhaps you might be positively influenced to know that right around the corner, Karwood Dr can get you to Kenmount Rd and the ORR in no time! Would you love a new build, comparable in price to similar styles being currently built in the surrounding areas? BUT, WITHOUT THE WAIT? As they say, when opportunity knocks, you need to seize it! You won’t want to be the one who ignores it! (id:56688)
Property Details
Listing ID: 26946806
Address: 9 Nicholas Quinn Place, Paradise, Newfoundland & Labrador, Canada A1L4L5
Status: Active
Last updated: 2 years ago ( Jun 2, 2024 )
Year Built: 2023
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: 2,049 square feet
Price per sq ft: $208
Tax Annual Amount: $0
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.531077, -52.854991]
Rooms
| Basement | Other Not known Family room | 5.4 x 4.1 feet 11.0 x 17.9 feet 19.9 x 8.9 feet |
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Other Ensuite Primary Bedroom | Stackable feet 4 pc 11.1 x 10.9 feet 11.7 x 8.1 feet 4.2 x 5.9 feet 3 pc 11.1 x 10.6 feet |
| Main level | Bath (# pieces 1-6) Living room Not known | 2 pc 15.11 x13.4 feet 27.2 x 13.10 feet |
Basic Calculator
First Mortgage: $339,920
Mortgage insurance premium: $0
Total Financing: $339,920
Rough closing fee (1.5%): ~ $6,374
Total downpayment with estimated closing fee: $91,354
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,254 | $27,048 |
| Gross rental income (income/principal ratio) | 0.530% | 6.366% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $532 | $6,384 |
| Vacancy | $113 | $1,353 |
| Management Fee | $181 | $2,164 |
| Expense / Income Ratio | 23.60% | 23.60% |
| Cash Flow | $1,429 | $17,148 |
| Net Operating Income (NOI) | $1,429 | $17,148 |
| Capitalization Rate | 0.34% | 4.04% |































