About the property (MLS: 1275126):
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
Listing ID: 27199108
Address: 16 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: [47.55184, -52.887705]
Rooms
Basement | Not known Other Other Other Utility room | 12 x 23 null 8.10 x 5.6 null 10.8 x 13.4 null 14.0 x 14.2 null 9.10 x 12.4 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Other Ensuite Primary Bedroom | 10.x 12.6 null 9.6 x 12 null 10 x 12.6 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
Investment Calculator:
Monthly | Yearly | |
---|---|---|
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 Ratio | 22.93% | 22.93% |
Cash Flow | $1,853 | $22,236 |
Net Operating Income (NOI) | $1,853 | $22,236 |
Capitalization Rate | 0.35% | 4.20% |