9 Magee Drive
Paradise, NL, A1L0K3
3 Beds | 2 Baths
$349,900
About the property (MLS: 1276186):
Welcome to your potential new home in Paradise! This delightful house is a perfect starter for those looking to put down roots in a friendly neighborhood. With three bedrooms and two well-appointed bathrooms, there's plenty of space for a growing family or those who love to entertain. Boasting an impressive 2,300 square feet of living space including the in house garage, this home offers comfort and functionality in equal measure. The primary bedroom provides a peaceful retreat after a long day, while the other bedrooms are perfect family members or guests. One of the standout features of this property is the in-house garage, perfect for keeping your vehicle safe from the elements or setting up a workshop for your hobbies. No more scraping ice off your windshield on those chilly Newfoundland mornings! Located in a fantastic neighborhood, this home is close to schools, making it ideal for families with children. Imagine the convenience of sending the kids off to school with just a short walk or bike ride. This home is ready to welcome you with open arms and the promise of new beginnings. Don't miss out on this opportunity to start your next chapter in a home that's as charming as its surroundings. Backing on a green space with southern exposure this one won't last long. (id:56688)
Property Details
Listing ID: 27290573
Address: 9 Magee Drive, Paradise, Newfoundland & Labrador, Canada A1L0K3
Status: Active
Last updated: 17 days ago ( Aug 20, 2024 )
Year Built: 2009
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,909 square feet
Price per sq ft: $184
Tax Annual Amount: $1,965
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.537863, -52.899964]
Rooms
| Basement | Storage Laundry room Recreation room | 13.5x10.9 null 9.11x10.4 null 23.8x14.3 null |
| Main level | Bedroom Bedroom Primary Bedroom Kitchen Living room | 12x8.11 null 11.11x9 null 14x12 null 13.11x10.11 null 14.11x11.8 null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,100 | $25,200 |
| Gross rental income (income/principal ratio) | 0.600% | 7.202% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $105 | $1,260 |
| Management Fee | $168 | $2,016 |
| Expense / Income Ratio | 20.86% | 20.86% |
| Cash Flow | $1,389 | $16,668 |
| Net Operating Income (NOI) | $1,389 | $16,668 |
| Capitalization Rate | 0.40% | 4.76% |
