24 Atlantica Drive
Paradise, NL, A1L0S6
4 Beds | 4 Baths
$699,900
About the property (MLS: 1273402):
Welcome to your dream home in Island View Estates, Paradise. This magnificent two-storey residence boasts exceptional curb appeal, set on a spacious corner lot with mature trees and full landscaping. Enjoy two double paved driveways and a charming wrap-around veranda perfect for relaxing and taking in serene ocean views. Step inside to a grand foyer with French doors leading to a spacious den or office, featuring a cozy two-sided fireplace and custom-built bookshelves. The formal dining room impresses with tray ceilings, while the custom gourmet kitchen, with in-floor heating, offers an open-concept eating area ideal for family gatherings. The inviting family room also enjoys the fireplace and opens to a lovely patio, seamlessly blending indoor and outdoor living. The main floor includes a convenient half bath, laundry room, and a 14 x 20 attached garage with direct access to the mudroom. Upstairs, you'll find three generously sized bedrooms, including a luxurious master suite with his-and-her walk-in closets outfitted with custom shelving. The opulent ensuite bathroom boasts a tile and glass shower, air jet soaker tub, double vanity, and heated tile floors, providing a spa-like retreat. The fully finished basement adds even more living space with a large family room, a fourth bedroom, bathroom, gym, and a dedicated computer area. Situated across from a tranquil babbling brook and the neighborhood playground and greenbelt, you can watch the kids play from your kitchen window. Compare the value to new construction in the area and see the advantages: a larger footprint, fully developed basement, complete landscaping, a privacy deck with a hot tub, and included appliances. Don't miss this opportunity to own a truly unique and beautifully appointed home in one of Paradise's premier neighborhoods. Experience the perfect blend of elegance, comfort, and convenience at Island View Estates. (id:56688)
Property Details
Listing ID: 27022835
Address: 24 Atlantica Drive, Paradise, Newfoundland & Labrador, Canada A1L0S6
Status: Active
Last updated: 7 months ago ( Jun 12, 2024 )
Year Built: 2011
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 3,660 square feet
Price per sq ft: $192
Tax Annual Amount: $3,117
Tax Year: 2023
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 49
Rurl
Coordinates: [47.572627, -52.897367]
Rooms
| Basement | Utility room Storage Office Bath (# pieces 1-6) Games room Recreation room Bedroom | 3.7x7 null 6.3x13.5 null 7x7.5 null 6.2x6.5 null 14.5x18 null 12.75x15 null 11.6x13 null |
| Second level | Bedroom Bedroom Bath (# pieces 1-6) Storage Storage Ensuite Primary Bedroom | 11x15 null 10.4x11.7 null 9.2x6.5 null 3x7.5 null 3x7.5 null 11.6x11.6 null 12.5x14 null |
| Main level | Not known Bath (# pieces 1-6) Laundry room Eating area Dining room Family room/Fireplace Living room/Fireplace Foyer | 13x19 null 2.63x5.5 null 6.5x6.6 null 21x15 null 10.5x11.5 null 13.3x15.6 null 11.5x11.5 null 5.6x6.6 null |
Basic Calculator
First Mortgage: $559,920
Mortgage insurance premium: $0
Total Financing: $559,920
Rough closing fee (1.5%): ~ $10,499
Total downpayment with estimated closing fee: $150,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,027 | $48,324 |
| Gross rental income (income/principal ratio) | 0.575% | 6.904% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $875 | $10,500 |
| Vacancy | $202 | $2,417 |
| Management Fee | $323 | $3,866 |
| Expense / Income Ratio | 21.73% | 21.73% |
| Cash Flow | $2,629 | $31,548 |
| Net Operating Income (NOI) | $2,629 | $31,548 |
| Capitalization Rate | 0.38% | 4.51% |
