24 Jonathan Drive
Paradise, NL, A1L4J3
5 Beds | 4 Baths
$499,900
About the property (MLS: 1273116):
Discover the latest masterpiece from Macintyre Homes! Nestled in the vibrant heart of a brand-new subdivision, this stunning two-apartment home offers convenience and luxury like never before. The main unit boasts an inviting open-concept layout, featuring a spacious kitchen with a stylish centre island, a serene ensuite in the primary bedroom, plus two other beautifully designed bedrooms. The lower level adds touch of versatility with a cozy rec room, a convenient half bath, and a finished laundry area. The enclosed stairwell provides private access to a charming two-bedroom apartment, perfect for extended family or rental income. (id:56688)
Property Details
Listing ID: 27010365
Address: 24 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1L4J3
Status: Active
Last updated: 3 months ago ( Jun 10, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,240 square feet
Price per sq ft: $224
Tax Annual Amount: $3,700
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.551929, -52.887116]
Rooms
| Basement | Porch Bath (# pieces 1-6) Not known Not known Not known Not known Not known Not known Bath (# pieces 1-6) Laundry room Recreation room | 4.0 x 5.2 null 4 pc 4.8 x 10.0 null 9.0 x 10.10 null 10.10 x 13.6 null 5.5 x 8.1 null 10.9 x 11 null 10.9 x 11.6 null 2 pc 6.6 x 6.6 null 11.6 x 11.8 null |
| Main level | Foyer Bath (# pieces 1-6) Ensuite Bedroom Primary Bedroom Not known Dining nook Kitchen Living room | 7.8 x 9.5 null 4 pc 3 pc 9.4 x 10.8 null 11.4 x 12.11 null 4.4 x 5.4 null 7.2 x 11.8 null 12.2 x 12.0 null 11.8 x 15.0 null |
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,464 | $29,568 |
| Gross rental income (income/principal ratio) | 0.493% | 5.915% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $625 | $7,500 |
| Vacancy | $124 | $1,479 |
| Management Fee | $198 | $2,366 |
| Expense / Income Ratio | 25.37% | 25.37% |
| Cash Flow | $1,519 | $18,228 |
| Net Operating Income (NOI) | $1,519 | $18,228 |
| Capitalization Rate | 0.30% | 3.65% |
