39 Ortega Drive
Paradise, NL, A1L2L1
3 Beds | 4 Baths
$619,900
About the property (MLS: 1275728):
Welcome to 39 Ortega Drive! This stunning multi level home offers both space and privacy in a highly sought after Paradise neighbourhood. Upon entry you'll find a spacious foyer that steps down into the main floor of the house. The main floor features both a spacious living room, access to the massive double attached garage as well as full bath and laundry. The kitchen and dining area is an entertainer's dream with space enough to hold the whole family along with a large centre island, stainless steel appliances, dark wood cabinetry extending to the ceiling and access to a large in home office. The developed basement boasts a large rec room along with a very spacious porch/mudroom area with outside access. The attached double garage has been designed to be the perfect man cave and includes both a bar area as well as half bathroom! Outside, the backyard is surrounded by trees and privacy and the level lot has endless opportunities for both recreation or entertainment. The spacious deck has its own privacy wall and the detached wired garage offers even more storage and convenience with drive in access. If you've been searching for a forever home that ticks all the boxes, this just might be the one. Arrange your viewing today! (id:56688)
Property Details
Listing ID: 27253295
Address: 39 Ortega Drive, Paradise, Newfoundland & Labrador, Canada A1L2L1
Status: Active
Last updated: 19 days ago ( Aug 19, 2024 )
Year Built: 1998
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 4
1/2 Baths: 1
Heating: Hot water radiator heat, Baseboard heaters, Oil
Sewer: Septic tank
Flooring: Mixed Flooring
Living Area Total: 2,043 square feet
Price per sq ft: $304
Tax Annual Amount: $3,788
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Well
Foundation Details: Concrete
Heating: Hot water radiator heat, Baseboard heaters, Oil
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 40
Rurl
Coordinates: [47.524967, -52.914259]
Rooms
| Other | Bath (# pieces 1-6) Not known | 2PC null 29.8x27.0 null |
| Basement | Recreation room Porch | 19.2x11.3 null 13.11x13.5 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 7.9x7.4 null 11.1x9.9 null 11.1x9.9 null 7.7x5.7 null 13.8x12.0 null |
| Main level | Laundry room Bath (# pieces 1-6) Office Living room Kitchen Foyer | 9.9x8.3 null 3PC 10.7x9.9 null 16.2x11.9 null 19.10x13.7 null 19.7x8.2 null 8.10x5.10 null |
Basic Calculator
First Mortgage: $495,920
Mortgage insurance premium: $0
Total Financing: $495,920
Rough closing fee (1.5%): ~ $9,299
Total downpayment with estimated closing fee: $133,279
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,248 | $26,976 |
| Gross rental income (income/principal ratio) | 0.363% | 4.352% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $775 | $9,300 |
| Vacancy | $113 | $1,349 |
| Management Fee | $180 | $2,159 |
| Expense / Income Ratio | 34.48% | 34.48% |
| Cash Flow | $1,181 | $14,172 |
| Net Operating Income (NOI) | $1,181 | $14,172 |
| Capitalization Rate | 0.19% | 2.29% |
