45 Topsail Pond Road
Paradise, NL, A1L2B2
3 Beds | 2 Baths
$379,900
About the property (MLS: 1272733):
Beautiful bungalow located on scenic Topsail Pond Road. With 3 bedrooms and 2 full baths this home is perfect for a starting family or someone looking to downsize. There have been many improvements to this property in recent years including an updated kitchen, modern doors & trims and the installation of a new enviro septic system (approx 2020). The open concept design makes this home perfect for entertaining family and guests. Heating is provided by a central heat pump system and additional storage space is available in the unfinished basement. The outside of the home is equally as appealing with mature landscaping and two patio decks to enjoy. If you enjoy the outdoors this home is within walking distance to the trail way and Topsail Pond. Effective age of property is 8 years old as it was completely remodelled in 2016. (id:56688)
Property Details
Listing ID: 26963647
Address: 45 Topsail Pond Road, Paradise, Newfoundland & Labrador, Canada A1L2B2
Status: Active
Last updated: 2 years ago ( May 30, 2024 )
Year Built: 1955
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Heat Pump
Sewer: Septic tank
Flooring: Hardwood
Living Area Total: 1,711 square feet
Price per sq ft: $223
Tax Annual Amount: $1,954
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Stove
Water Source: Dug Well
Foundation Details: Concrete
Heating: Heat Pump
Flooring: Hardwood
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.528193, -52.905613]
Rooms
| Main level | Ensuite Porch Bedroom Bedroom Primary Bedroom Eating area Living room Kitchen | B3 feet 16x6 feet 11x9 feet 12x9 feet 12x13 feet 12x8 feet 13x13 feet 13x9 feet |
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,883 | $22,596 |
| Gross rental income (income/principal ratio) | 0.496% | 5.948% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $475 | $5,700 |
| Vacancy | $95 | $1,130 |
| Management Fee | $151 | $1,808 |
| Expense / Income Ratio | 25.23% | 25.23% |
| Cash Flow | $1,164 | $13,968 |
| Net Operating Income (NOI) | $1,164 | $13,968 |
| Capitalization Rate | 0.31% | 3.68% |
