1852 Topsail Road
Paradise, NL, A1L1y7
4 Beds | 3 Baths
$509,000
About the property (MLS: 1276146):
Welcome to 1852 Topsail Road Paradise, this is where luxury and comfort merges perfectly together in this fully developed executive home. Here we have over 3500 square feet of developed space! As you enter, the foyer it feels like “home” right away. The living room boasts a corner fireplace, great for the upcoming cooler evenings, lots of natural light & gleaming hardwood floors. There is also a mini split to bring comfort whatever the temperatures may be. Outfitted with fantastic LG appliances the kitchen has lots of counter & cupboard space and enjoy access to the outside living space right from the kitchen, great for BBQing or entertaining. There is a formal dining area as well with a mini split to keep you comfy while sharing your meals. Just down the hall there are three spacious bedrooms, one of which is the primary bedroom which has a huge walk in closet & an ensuite complete with a whirlpool tub & shower. There is also main floor laundry, main bath and access to the garage. Downstairs is fully developed with one bedroom, a full bath, a family room and a super large rec room. There is also a storage area. Outside, the fenced backyard offers privacy for outdoor activities & just enjoying the great outdoors. Located Just minutes from Topsail Beach and walking trails. Discover the perfect blend of space, functionality & location in this Paradise home, being sold as viewed. Some upgrades;new shingles in July 2023, 2 mini-splits installed for heating and cooling , LG appliances , kitchen countertops (id:56688)
Property Details
Listing ID: 27293836
Address: 1852 Topsail Road, Paradise, Newfoundland & Labrador, Canada A1L1y7
Status: Active
Last updated: 3 days ago ( Oct 1, 2024 )
Year Built: 2004
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 3,500 square feet
Price per sq ft: $146
Tax Annual Amount: $2,779.93
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 50
Rurl
Coordinates: [47.528686, -52.894487]
Rooms
| Basement | Bath (# pieces 1-6) Storage Bedroom Recreation room Family room | 3pc 14.9x9.9 null 9.7x12.9 null 14.5x47 null 14.5x25.5 null |
| Main level | Laundry room Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom Bedroom Living room/Fireplace Kitchen Dining room Foyer | 6.7x6.5 null 3pc 4pc 14x14 null 9.7x12.9 null 11.6x10.8 null 13.5x15.7 null 9.8x14 null 11x11.3 null 8.2x7.5 null |
Basic Calculator
First Mortgage: $407,200
Mortgage insurance premium: $0
Total Financing: $407,200
Rough closing fee (1.5%): ~ $7,635
Total downpayment with estimated closing fee: $109,435
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,851 | $46,212 |
| Gross rental income (income/principal ratio) | 0.757% | 9.079% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $637 | $7,644 |
| Vacancy | $193 | $2,311 |
| Management Fee | $309 | $3,697 |
| Expense / Income Ratio | 16.54% | 16.54% |
| Cash Flow | $2,714 | $32,568 |
| Net Operating Income (NOI) | $2,714 | $32,568 |
| Capitalization Rate | 0.53% | 6.40% |
