26 Carol Crescent
Paradise, NL, A1L4K1
3 Beds | 3 Baths
$399,000
About the property (MLS: 1273335):
Unbelievable value in this brand new, semi-detached, raised 2-storey home in the quickly developing Jonathan Park neighborhood in Paradise! Constructed using Insulated Concrete Form (ICF), this property offers superior energy efficiency and soundproofing, resulting in low power bills and a quiet, comfortable living environment. Enter through your in-house garage or through the vestibule into a large foyer with staircase. Upstairs, the remaining home spans two more storeys, with a spacious open floorplan that combines the living room, dining room, and kitchen on the main. This area is perfect for entertaining and family gatherings, with a wide open view and lots of light from the large front windows. The kitchen has a walk-in pantry, and there is a large laundry room and half bath on the main. Upstairs, the primary bedroom has a spacious walk-in closet and a 3-piece ensuite bathroom. Two additional generously-sized bedrooms and another full bathroom complete the upper level. Plenty of space for family and guests. The unfinished space in the basement has the mechanical room as well as a rough-in for a third full bathroom. The rest of the space could be a rec room, shop, home gym, or even a spare bedroom because of the egress-sized window! Additional Features: - ICF construction ensures excellent energy efficiency, potentially saving hundreds of dollars on electricity for the new owners. ICF is time tested, and adds incredible value to this property, especially over time. - Situated in a family-friendly neighborhood in Paradise, close to schools, parks, and amenities. - Modern and beautiful interior and exterior finishes. An opportunity to own an exceptional property that combines contemporary design, energy efficiency, and a convenient location. Hst rebate to be assigned to Vendor on closing. (id:56688)
Property Details
Listing ID: 27022419
Address: 26 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K1
Status: Active
Last updated: 6 months ago ( Jul 16, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other, Ceramic Tile
Living Area Total: 2,295 square feet
Price per sq ft: $174
Tax Annual Amount: $0
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 6
Rurl
Coordinates: [47.551534, -52.886696]
Rooms
| Lower level | Storage Not known Foyer Porch | 22.5 x 14 null 11.5 x 20 null 15 x 10 null 9 x 4 null |
| Second level | Bedroom Bedroom Bath (# pieces 1-6) Other Ensuite Primary Bedroom | 11 x 11 null 11 x 11 null 8 x 8 null WIC 10 x 6 null 9.5 x 6 null 13 x 11.5 null |
| Main level | Bath (# pieces 1-6) Laundry room Kitchen Living room/Dining room | 1/2 null 11 x 6 null 12.5 x 14 null 18.5 x 20 null |
Basic Calculator
First Mortgage: $319,200
Mortgage insurance premium: $0
Total Financing: $319,200
Rough closing fee (1.5%): ~ $5,985
Total downpayment with estimated closing fee: $85,785
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,525 | $30,300 |
| Gross rental income (income/principal ratio) | 0.633% | 7.594% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $499 | $5,988 |
| Vacancy | $127 | $1,515 |
| Management Fee | $202 | $2,424 |
| Expense / Income Ratio | 19.76% | 19.76% |
| Cash Flow | $1,698 | $20,376 |
| Net Operating Income (NOI) | $1,698 | $20,376 |
| Capitalization Rate | 0.43% | 5.11% |
