About the property (MLS: 1275456):
Welcome to this charming and modern 3-year-old home in the vibrant and expanding Paradise neighborhood! With 1,200 square feet of fully developed living space, this residence offers both comfort and style. The home features two well-appointed bedrooms—one on the upper level and another on main level —ideal for privacy and convenience. The open concept kitchen and living area is perfect for entertaining, boasting upgraded light fixtures and a sleek white cabinetry with a central island. The seamless flow from the kitchen to the living room enhances the sense of space and connectivity. Sliding patio doors lead out to a charming back patio, perfect for outdoor relaxation and gatherings. The fully fenced backyard is complemented by an 8x12 storage shed, providing ample space for all your storage needs. The main level also includes a spacious living room, a versatile spare bedroom, a full bathroom, and a functional laundry area. Located in the growing Paradise neighbourhood, this home is ideally situated for easy access to local amenities and future developments. Don’t miss the chance to make this beautiful, move-in-ready property your own! With Seller's Direction for Thursday, August 1st at 6pm being the earliest presentation of offers, any offers submitted for earliest presentation should be left open until 8pm that evening. It is suggested that offers include a pre-approval letter for financing. (id:56688)
Property Details
Listing ID: 27226713
Address: 28 Foxglove Street, Paradise, Newfoundland & Labrador, Canada A1L4H5
Status: Active
Last updated: a month ago ( Jul 29, 2024 )
Year Built: 2021
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, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Mixed Flooring
Living Area Total: 1,242 square feet
Price per sq ft: $258
Tax Annual Amount: $1,950
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.526474, -52.856564]
Rooms
Second level | Bath (# pieces 1-6) Bedroom Family room Dining room Kitchen | 3pcs 11.5x12.3 null 9.9x10.6 null 9.9x6.11 null 9.3x23.2 null |
Main level | Foyer Laundry room Bath (# pieces 1-6) Bedroom Living room | 5.7x5.5 null 3.2x3.6 null 3pcs 10.9x15.2 null 10.9x17.6 null |
Basic Calculator
First Mortgage: $255,920
Mortgage insurance premium: $0
Total Financing: $255,920
Rough closing fee (1.5%): ~ $4,799
Total downpayment with estimated closing fee: $68,779
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $1,367 | $16,404 |
Gross rental income (income/principal ratio) | 0.427% | 5.128% |
Mortgage | $0 | $0 |
Monthly Expenses | $400 | $4,800 |
Vacancy | $69 | $821 |
Management Fee | $110 | $1,313 |
Expense / Income Ratio | 29.26% | 29.26% |
Cash Flow | $790 | $9,480 |
Net Operating Income (NOI) | $790 | $9,480 |
Capitalization Rate | 0.25% | 2.96% |