11 Carol Crescent
Paradise, NL, A1L4K2
5 Beds | 4 Baths
$380,000
About the property (MLS: 1275502):
LOOK at this this affordable Duplex in the incredible Jonathan Park subdivision in Paradise, complete with a Basement Apartment! Enjoy your new home to start the new year and even choose your own final finishes. Built by award winning Macintyre Homes with almost two decades of hands-on building and a keen eye to detail. This 1176 square ft. developed home offers 588 square ft. per floor. This home offers a beautiful kitchen with center island, walk in pantry, convenient 1/2 bath and main floor laundry. The upper level primary bedroom has an ensuite bath and walk in closet and the level is completed by 2 other bedrooms and a full bath. Offset your mortgage with rent from the basement apartment. Generous allowances. Landscaping and paved driveway, plus 10' X 12' rear deck included. Home is backed by Atlantic Home warranty. (id:56688)
Property Details
Listing ID: 27231741
Address: 11 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K2
Status: Active
Last updated: 6 months ago ( Jul 30, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 1,764 square feet
Price per sq ft: $216
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.551976, -52.88701]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known | 6' X 8'6"" null 7'6"" X 11' null 10'6"" X 15' null 10' X 10' null 10' X 10' null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 6' X 8"" null 9'6' X 10"" null 9'6"" X 10"" null 6' X 8'6"" null 12' X 12'6"" null |
| Main level | Not known Bath (# pieces 1-6) Kitchen Foyer Dining room Living room | 4'6"" X 5'6"" null 5'6"" X 5'6"" null 10' X 15' null 6'X 8' null 8' X 11' null 12' X 13' null |
Basic Calculator
First Mortgage: $304,000
Mortgage insurance premium: $0
Total Financing: $304,000
Rough closing fee (1.5%): ~ $5,700
Total downpayment with estimated closing fee: $81,700
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,941 | $23,292 |
| Gross rental income (income/principal ratio) | 0.511% | 6.129% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $475 | $5,700 |
| Vacancy | $98 | $1,165 |
| Management Fee | $156 | $1,864 |
| Expense / Income Ratio | 24.47% | 24.47% |
| Cash Flow | $1,214 | $14,568 |
| Net Operating Income (NOI) | $1,214 | $14,568 |
| Capitalization Rate | 0.32% | 3.83% |
