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TelephoneEmail18 Kinkora Street, Paradise, Newfoundland & Labrador, Canada a1l1x9

18 Kinkora Street

Paradise, NL, a1l1x9

location

3 Beds | 4 Baths

$419,900

18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
18 Kinkora Street Paradise Newfoundland & Labrador Canada a1l1x9, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1272906):

Introducing this exceptional and meticulously cared for two-story family home, showcasing a 3-bedroom primary unit, an in-law suite, and an attached garage, situated in the highly sought-after Valley Ridge Subdivision of Paradise. The main level of the primary unit boasts a spacious foyer opening to a formal living room with tray ceilings and a fireplace, an open-concept eat-in kitchen equipped with a mini-split, and a walk-in pantry that also serves as a laundry area. Upstairs, the primary bedroom impresses with a vaulted ceiling, walk-in closet, and luxurious en-suite with a Jacuzzi tub, along with two other good-sized bedrooms. A recent addition of a south-facing, private sunroom at the back, featuring a wall heater and in-floor heating, artistically custom-built to enhance the home's appeal. Nestled against a lush green belt, the fenced rear yard provides an idyllic setting for enjoying the sunroom in perfect privacy. The basement features an in-law suite complete with a bedroom, en-suite bathroom, kitchenette, and separate laundry, all accessible through its own designated entrance. Situated in proximity to Octagon Pond and Neil’s Pond walking trails, the Paradise Community Centre, and a double ice rink, and mere steps from Sobeys, a shopping center, and a pharmacy, this home provides unmatched convenience. Striking a perfect balance between privacy and convenience, this home stands out as the ultimate value proposition in today's Paradise market. (id:56688)

Property Details
MLS: 1272906
Listing ID: 26969905
Address: 18 Kinkora Street, Paradise, Newfoundland & Labrador, Canada a1l1x9
Status: Active
Last updated: 2 years ago ( May 31, 2024 )
Year Built: 2003
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,373 square feet
Price per sq ft: $177
Tax Annual Amount: $2,625
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Whirlpool
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.52551, -52.867618]

Rooms

Second level
Ensuite
Bath (# pieces 1-6)
Primary Bedroom
Bedroom
Bedroom
B4 feet
B4 feet
14x12 feet
10x9 feet
10x10 feet
Main level
Bath (# pieces 1-6)
Not known
Not known
Porch
Not known
Living room
B2 feet
12x17 feet
5.8x8.10 feet
9x6 feet
21x10 feet
16x14 feet
Basement
Bath (# pieces 1-6)
Recreation room
Not known
B4 feet
20x11 feet
Kitchenette feet

Basic Calculator



First Mortgage: $335,920

Mortgage insurance premium: $0

Total Financing: $335,920

Rough closing fee (1.5%): ~ $6,299

Total downpayment with estimated closing fee: $90,279

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,611$31,332
Gross rental income (income/principal ratio)0.622%7.462%
Mortgage$0$0
Monthly Expenses$525$6,300
Vacancy$131$1,567
Management Fee$209$2,507
Expense / Income Ratio20.11%20.11%
Cash Flow$1,747$20,964
Net Operating Income (NOI)$1,747$20,964
Capitalization Rate0.42%4.99%
Capitalization Rate: 4.99%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $599,858