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TelephoneEmail18 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1L4K1

18 Jonathan Drive

Paradise, NL, A1L4K1

location

3 Beds | 3 Baths

$529,900

18 Jonathan Drive Paradise Newfoundland & Labrador Canada A1L4K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1275128):

Look at this modern, 2-story single-family home with a built-in garage under construction in Jonathan Park, Paradise. Jonathan Park is a newly developed, family-friendly area designed for comfortable and contemporary living. This stunning, quality built home by award-winning Hann Construction Ltd offers an expansive 2628 sq ft of living space. Thoughtfully laid out, it boasts 3 spacious bedrooms and 2.5 bathrooms. The primary bedroom is a true retreat, featuring an ensuite bathroom and a generous walk-in closet. For added convenience, the laundry facilities are located on the same floor as the bedrooms, simplifying daily chores. This home's modern open-concept design is perfect for family life and entertaining, enhanced by a mini-split heat pump that ensures comfort and affordability throughout the year. The kitchen is a chef's dream, boasting a separate pantry and a center island with seating, making meal preparation and casual dining a breeze. The large dining space and inviting living room enhance the home's spacious and airy feel, complemented by an additional half bathroom for guests. The basement floor level can be completed with a rec room, bedroom/office, storage, and an extra bathroom for added living space. Outside, the property includes a fully landscaped lot and a sleek, modern exterior aesthetic that adds to curb appeal. The in-house heated garage also provides convenience and comfort, especially during the colder months. To truly make this your dream home, you have the opportunity to choose your flooring, lighting, and other features, allowing you to infuse your personal style and preferences into every corner of your new home. This property in Jonathan Park is more than just a house; it's the perfect family home waiting for your personal touch. Also, it is backed by a 10-year Atlantic Home Warranty. The HST rebate is to be assigned to the builder upon closing. (id:56688)

Property Details
MLS: 1275128
Listing ID: 27199107
Address: 18 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1L4K1
Status: Active
Last updated: 5 months ago ( Jul 22, 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: Heat Pump, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,628 square feet
Price per sq ft: $202
Tax Annual Amount: $0
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Heat Pump, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.55186, -52.887672]

Rooms

Basement
Not known
Other
Other
Other
Utility room
12 x 23 null
14.0 x 14.2 null
8.10 x 5.6 null
10.8 x 13.4 null
9.10 x 12.4 null
Second level
Bath (# pieces 1-6)
Laundry room
Bedroom
Bedroom
Other
Ensuite
Primary Bedroom
9.6 x 5.2 null
6.10 x 5.8 null
10 x 12.6 null
9.6 x 12.0 null
5.0 x 8.6 null
6.10 x 8.6 null
12.0 x 14.0 null
Main level
Bath (# pieces 1-6)
Not known
Kitchen
Dining room
Living room
Porch
5.4 x 5.2 null
5.0 x 5.0 null
14.4 x 14.0 null
10.2 x 18 null
14 x 14.2 null
7.8 x 7.0 null

Basic Calculator



First Mortgage: $423,920

Mortgage insurance premium: $0

Total Financing: $423,920

Rough closing fee (1.5%): ~ $7,949

Total downpayment with estimated closing fee: $113,929

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,891$34,692
Gross rental income (income/principal ratio)0.546%6.547%
Mortgage$0$0
Monthly Expenses$663$7,956
Vacancy$145$1,735
Management Fee$232$2,776
Expense / Income Ratio22.93%22.93%
Cash Flow$1,853$22,236
Net Operating Income (NOI)$1,853$22,236
Capitalization Rate0.35%4.20%
Capitalization Rate: 4.20%
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).): $757,000