12 Drummond Place
Paradise, NL, A1L3K3
5 Beds | 4 Baths
$875,000
About the property (MLS: 1276207):
Located on one of the finest Cul-de-sacs in Elizabeth Park is this one of a kind custom built 5 BR, 3 1/2 bath home once featured in Home and Cabin’s custom staircase show-case. Truly a step above, this stunning property bursts with elegance and quality on each of its fully developed floors. Let the glorious foyer lead you past the formal office and the custom roof-to-basement 2 story staircase to the beautiful and luxurious great room and main floor family room with 80” TV. The upper level has four large bedrooms 2 full baths, custom shower in the Primary, a 15’ laundry room and another office/den great for morning reading. 9’ ceilings on main floor and basement. The splendid gourmet kitchen with centre island has stainless steel appliances, garburator, and an ample amount of granite countertops as well as a pantry. Murray Feiss light fixtures. There are crown-mouldings everywhere, even in the garage. Finished basement has a fifth bedroom and full bath and home theatre room with 106” screen included and a games room with wet bar. The 4 ton heat pump is supported by a 400 amp electrical system which supplies economical heating in winter and great A/C in summer. The over sized cul-de-sac lot has Stamped concrete walkways, flower gardens, a private and fully fenced rear yard with detached 16 x 20 garage with paved vehicle access, and a garden hot tub with no houses behind or in your peripheral vision when on the patio. House is completely wired for sound on every level and on every patio. Covered front and rear patios are stamped concrete. 100% Mint condition inside and out. (id:56688)
Property Details
Listing ID: 27305868
Address: 12 Drummond Place, Paradise, Newfoundland & Labrador, Canada A1L3K3
Status: Active
Last updated: 19 days ago ( Aug 19, 2024 )
Year Built: 2013
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 5
Baths: 4
1/2 Baths: 1
Heating: Heat Pump
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 4,400 square feet
Price per sq ft: $199
Tax Annual Amount: $4,534
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Heat Pump
Flooring: Laminate, Ceramic Tile
Exterior Features: Stone, Vinyl siding
Common Interest: Freehold
Number of photos available: 38
Rurl
Coordinates: [47.535976, -52.823105]
Rooms
| Basement | Storage Primary Bedroom Playroom Recreation room | 11 x 7 null 12 x 17 null 13 x 24 null 15 x 16-6 null |
| Second level | Bath (# pieces 1-6) Bath (# pieces 1-6) Laundry room Bedroom Bedroom Bedroom Primary Bedroom | 4 pce 4 pce 11 x 13 null 14 x 11 null 12-6 x 13 null 13 x 13-6 null 16 x 18 null |
| Main level | Office Bath (# pieces 1-6) Foyer Porch Kitchen Family room Living room/Fireplace | 12-6 x 10-6 null 2 pce 9 x 12 null 10-6 x 7 null 12-8 x 25 null 13-6 x 18-6 null 16 x 16-6 null |
Basic Calculator
First Mortgage: $700,000
Mortgage insurance premium: $0
Total Financing: $700,000
Rough closing fee (1.5%): ~ $13,125
Total downpayment with estimated closing fee: $188,125
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,840 | $58,080 |
| Gross rental income (income/principal ratio) | 0.553% | 6.638% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,094 | $13,128 |
| Vacancy | $242 | $2,904 |
| Management Fee | $388 | $4,647 |
| Expense / Income Ratio | 22.60% | 22.60% |
| Cash Flow | $3,117 | $37,404 |
| Net Operating Income (NOI) | $3,117 | $37,404 |
| Capitalization Rate | 0.36% | 4.27% |
