1543 Topsail Road Unit#7
Paradise, NL, A1L1R3
1 Bed | 1 Bath
$154,900
About the property (MLS: 1275744):
WOW is the only way to describe this beautiful condo in Paradise. This tastefully decorated condo is selling with all contents and is move in ready! Furniture, linens, towels, dishes, everything! All you have to do is pack your clothes and move in! Located on the main level with a designated parking spot right outside your door! No stairs, just walk right in! Just minutes drive from St Johns and walking distance to Neils Pond walking trails this would be idea for anyone. Any investor looking for an investment property should take a serious look at this one! With all contents included, its is truly turn key and ready for guests! (id:56688)
Property Details
Listing ID: 27247982
Address: 1543 Topsail Road Unit#7, Paradise, Newfoundland & Labrador, Canada A1L1R3
Status: Active
Last updated: 11 days ago ( Aug 27, 2024 )
Year Built: 1990
Property Type: Single Family
Ownership Type: Condominium
Beds: 1
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile
Lot Size Area: 16072
Living Area Total: 511 square feet
Price per sq ft: $304
Tax Annual Amount: $735
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Ceramic Tile
Exterior Features: Other
Common Interest: Condo/Strata
Association Fee: 280
Number of photos available: 20
Rurl
Coordinates: [47.531282, -52.864541]
Rooms
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Kitchen Living room | 3 x 4 null 5.7 x 10 null 7.6 x 12 null 8 x 9.5 null 14.7 x 9.10 null |
Basic Calculator
First Mortgage: $123,920
Mortgage insurance premium: $0
Total Financing: $123,920
Rough closing fee (1.5%): ~ $2,324
Total downpayment with estimated closing fee: $33,304
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $563 | $6,756 |
| Gross rental income (income/principal ratio) | 0.363% | 4.362% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $194 | $2,328 |
| Vacancy | $29 | $338 |
| Management Fee | $46 | $541 |
| Expense / Income Ratio | 34.46% | 34.46% |
| Cash Flow | $296 | $3,552 |
| Net Operating Income (NOI) | $296 | $3,552 |
| Capitalization Rate | 0.19% | 2.29% |
