26-28 Ridge Road
Chapel's Cove, NL, A1A1V0
4 Beds | 6 Baths
$999,000
About the property (MLS: 1273458):
Executive, estate style property, strategically situated in Chapel's Cove bordering the water's edge, just a short 35 minute drive to downtown St. John's! Careful attention to detail & precise planning were the focus during the construction of this impressive home. Built with the finest of materials & high-tech efficient systems, this home offers the best of style & functionality. This 4 bdrm home, all with ensuite bathrooms, offers comfortable space for the growing family or for visitors alike. The bright main floor, with 10-ft ceilings & picture windows capitalizing on the unparalleled water views, includes the large great room with living room featuring a propane f/p, & elegant dining space perfect for entertaining, leading into the kitchen. The gourmet eat-in kitchen, completed by Artistic, has large walk-in pantry. Primary bdrm has spacious walk-in closet & spa inspired ensuite bath. Laundry room & elegant powder room complete the main floor. Solid walnut staircase leads to the fully developed lower level with 9ft ceilings, sure to impress the most discerning buyers, with the most intricate finished millwork creating a moody, intimate atmosphere. The over sized entertainment room features the custom sit-up bar with full kitchen & sitting area with propane f/p, & separate dining space, perfect for card players or hosting a small dinner party. Three well-proportioned bdrms, all with ensuite baths, additional powder room, & mechanical workings room. Beautifully landscaped lot with 100, mature planted trees including fruit trees, & massive low-maintenance composite decking, great space to host a large gathering. Down by the water, is a unique kids bunkhouse, perfect for young kids & visiting grandchildren. This home is complete with high efficiency geo-thermal heat pump, providing in-floor hot water radiation heat & cooling on main level (master & great room), in-house garage, propane standby generator, & fiberglass exterior doors. Unique home, impressive finishes! (id:56688)
Property Details
Listing ID: 27025442
Address: 26-28 Ridge Road, Chapel's Cove, Newfoundland & Labrador, Canada A1A1V0
Status: Active
Last updated: 2 months ago ( Aug 8, 2024 )
Year Built: 2014
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 6
1/2 Baths: 2
Heating: Propane
Sewer: Septic tank
Flooring: Mixed Flooring
Living Area Total: 3,946 square feet
Price per sq ft: $254
Tax Annual Amount: $2,340
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Drilled Well
Heating: Propane
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.433975, -53.134433]
Rooms
| Other | Playroom | - null |
| Basement | Utility room Bath (# pieces 1-6) Ensuite Bedroom Ensuite Bedroom Ensuite Bedroom Kitchen Recreation room | 9.9X12.10 null 2PC null 5.1X8.8 4PC null 13.11X15.2 null 6.3X5.9 3PC null 11.8X12.0 null 6.3X6.1 3PC null 14.6X12.10 null 14.0X13.5 Bar null 38.10X29.3 null |
| Main level | Porch Bath (# pieces 1-6) Ensuite Storage Primary Bedroom Laundry room Not known Not known Living room/Dining room Foyer | 16.9X7.6 null 2PC null 11.2X9.1 5PC null 7.11X12.5 WIC null 24.7X13.9 null 10.1X13.10 null 10.0X6.6 null 13.3X15.1 null 24.2X26.1 null 13.8X7.7 null |
Basic Calculator
First Mortgage: $799,200
Mortgage insurance premium: $0
Total Financing: $799,200
Rough closing fee (1.5%): ~ $14,985
Total downpayment with estimated closing fee: $214,785
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,341 | $52,092 |
| Gross rental income (income/principal ratio) | 0.435% | 5.214% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,249 | $14,988 |
| Vacancy | $218 | $2,605 |
| Management Fee | $348 | $4,168 |
| Expense / Income Ratio | 28.77% | 28.77% |
| Cash Flow | $2,528 | $30,336 |
| Net Operating Income (NOI) | $2,528 | $30,336 |
| Capitalization Rate | 0.25% | 3.04% |
