9 Ortega Drive
Paradise, NL, A1l2L1
5 Beds | 4 Baths
$649,900
About the property (MLS: 1272904):
Discover the perfect blend of comfort and style in this well maintained home nestled on a beautiful acre lot. Boasting numerous renovations, including a 20x34 extension added 6 years ago, this property is designed to impress. The home features updated shingles and siding within the past three years. Inside you will find a large chef's kitchen, complete with a huge center island and an abundance of cabinets. The open-concept living area has a propane fireplace embedded in the feature stone wall and flows into a spacious dining room, perfect for entertaining. A mini-split provides economical heating and cooling for the main floor, which also includes a convenient powder room, mudroom and den. Upstairs, you'll find three bedrooms, including primary bedroom with an ensuite featuring heated floors, a soaker tub, and corner shower. The primary bedroom also offers a walk-in closet. The fully developed downstairs area includes a large family room, half bath, laundry room, and two more large bedrooms, as well as a storage room, providing plenty of space for family and guests. Outside, the fenced rear, private yard offers a perfect area for families and pets to relax and enjoy the property, along with the convenience of an attached 16x20 garage and a detached 24x30 garage with a mini split. The large, paved driveway offers plenty of room for parking vehicles, RV's and boats. It's a gardeners delight with an abundance of flowers, shrubs, and mature trees. This property offers the perfect balance of space, comfort, and modern amenities, making it an ideal home for families and entertainers alike. (id:56688)
Property Details
Listing ID: 26978237
Address: 9 Ortega Drive, Paradise, Newfoundland & Labrador, Canada A1l2L1
Status: Active
Last updated: a year ago ( Jun 3, 2024 )
Year Built: 2002
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 5
Baths: 4
1/2 Baths: 2
Heating: Oil, Propane
Sewer: Septic tank
Flooring: Laminate, Carpeted, Ceramic Tile
Living Area Total: 3,760 square feet
Price per sq ft: $173
Tax Annual Amount: $3,846
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Range - Gas, Dishwasher
Heating: Oil, Propane
Flooring: Laminate, Carpeted, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.523021, -52.912963]
Rooms
| Basement | Storage Bath (# pieces 1-6) Laundry room Bedroom Bedroom Family room | 9x9 feet 2pc 5x7 feet 13.5x18.5 feet 13.5x18.5 feet 13.6x34 feet |
| Main level | Mud room Not known Bath (# pieces 1-6) Den Eating area Kitchen Living room/Fireplace | 10x13 feet 20x16 feet 2pc 12.6x14 feet 11x20 feet 14x20 feet 18x20 feet |
| Second level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom | 4pc 4pc 12x10 feet 9.5x9.5 feet 12x14 feet |
Basic Calculator
First Mortgage: $519,920
Mortgage insurance premium: $0
Total Financing: $519,920
Rough closing fee (1.5%): ~ $9,749
Total downpayment with estimated closing fee: $139,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,136 | $49,632 |
| Gross rental income (income/principal ratio) | 0.636% | 7.637% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $813 | $9,756 |
| Vacancy | $207 | $2,482 |
| Management Fee | $331 | $3,971 |
| Expense / Income Ratio | 19.66% | 19.66% |
| Cash Flow | $2,786 | $33,432 |
| Net Operating Income (NOI) | $2,786 | $33,432 |
| Capitalization Rate | 0.43% | 5.14% |
