57 Silver Birch Crescent
Paradise, NL, A1L4H7
3 Beds | 3 Baths
$345,600
About the property (MLS: 1273642):
NEW HOME located at 57 Silver Birch Cres. Paradise, center unit of a tri plex , with a 10-Year Atlantic Warranty! Presenting the 'Bakeapple' in the exciting new Market Ridge subdivision in Paradise. Located close to Neil's Pond walking trail, daycare, gym, major supermarkets, Tim Hortons, Starbucks, and major shopping centers. This two-story center unit features an open concept kitchen, dining room, and living room, along with a half bath on the main floor. Upstairs offers 3 bedrooms, a main bathroom, and the master bedroom has a walk-in closet and 3-piece ensuite. The basement is insulated with rough-in for a future 3-piece bathroom. Other features include a deck, paved driveway, and full landscaping and walkout basement . This new subdivision is designed for those who wish for new home construction at an incredible value in a great location near all amenities! GST rebate to the builder. ** PHOTOS ARE A SAMPLE OF A PREVIOUS BUILD** (id:56688)
Property Details
Listing ID: 27043487
Address: 57 Silver Birch Crescent, Paradise, Newfoundland & Labrador, Canada A1L4H7
Status: Active
Last updated: 6 months ago ( Jun 17, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other
Living Area Total: 1,806 square feet
Price per sq ft: $192
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Carpeted, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.527144, -52.856421]
Rooms
| Second level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom | 3pc 3pc 8.10x10 null 10.7x8.10 null 12.2x10.10 null |
| Main level | Porch Bath (# pieces 1-6) Living room Dining room Kitchen | 5x5 null 2pc 16.6x10.7 null 9.8x11.6 null 9.5x13.4 null |
Basic Calculator
First Mortgage: $276,480
Mortgage insurance premium: $0
Total Financing: $276,480
Rough closing fee (1.5%): ~ $5,184
Total downpayment with estimated closing fee: $74,304
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,987 | $23,844 |
| Gross rental income (income/principal ratio) | 0.575% | 6.899% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $432 | $5,184 |
| Vacancy | $100 | $1,193 |
| Management Fee | $159 | $1,908 |
| Expense / Income Ratio | 21.74% | 21.74% |
| Cash Flow | $1,297 | $15,564 |
| Net Operating Income (NOI) | $1,297 | $15,564 |
| Capitalization Rate | 0.38% | 4.50% |
