12 Kemble Avenue
Paradise, NL, A1L4H8
2 Beds | 2 Baths
$379,900
About the property (MLS: 1275039):
Construction has started on this cozy 2 bedroom, 2 bathroom home in a great location in Paradise. The home features an open concept living area with a large front entry. The kitchen has an island for food preparation and entertaining. The master bedroom has an ensuite and walk-in closet. The basement is undeveloped with plumbing rough for a future bathroom and has a large inhouse garage. (id:56688)
Property Details
MLS: 1275039
Listing ID: 27185804
Address: 12 Kemble Avenue, Paradise, Newfoundland & Labrador, Canada A1L4H8
Status: Active
Last updated: 2 days ago ( Sep 4, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,624 square feet
Price per sq ft: $234
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Heating: Baseboard heaters
Flooring: Mixed Flooring
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.551396, -52.89265]
Listing ID: 27185804
Address: 12 Kemble Avenue, Paradise, Newfoundland & Labrador, Canada A1L4H8
Status: Active
Last updated: 2 days ago ( Sep 4, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,624 square feet
Price per sq ft: $234
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: See remarks
Water Source: Municipal water
Heating: Baseboard heaters
Flooring: Mixed Flooring
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.551396, -52.89265]
Rooms
| Main level | Ensuite Bath (# pieces 1-6) Living room Bedroom Primary Bedroom Kitchen | 5.9 x 6.8 null 5.9 x 8 null 12.4 x 11 null 11.5 x 9.7 null 11 x 12 null 14 x 18.8 null |
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,787 | $21,444 |
| Gross rental income (income/principal ratio) | 0.470% | 5.645% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $475 | $5,700 |
| Vacancy | $90 | $1,073 |
| Management Fee | $143 | $1,716 |
| Expense / Income Ratio | 26.58% | 26.58% |
| Cash Flow | $1,080 | $12,960 |
| Net Operating Income (NOI) | $1,080 | $12,960 |
| Capitalization Rate | 0.28% | 3.41% |
Capitalization Rate: 3.41%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $542,715
