186 Elizabeth Drive
Paradise, NL, A1L0L6
4 Beds | 3 Baths
$430,000
About the property (MLS: 1276366):
Welcome to 186 Elizabeth Drive, located in beautiful Elizabeth park subdivision. This home is located on a corner lot with detached garage, inside you will find beautiful kitchen leading to a large living area with vaulted ceiling and a propane fireplace, and hardwood throughout Main floor is equipped with 3 bedroom two full bathrooms, in the basement you will find a large rec room and another bedroom and 3rd full washroom. This home is located close to all amenities and just a 5 min walk to Paradise Elementary school. (id:56688)
Property Details
MLS: 1276366
Listing ID: 27307442
Address: 186 Elizabeth Drive, Paradise, Newfoundland & Labrador, Canada A1L0L6
Status: Active
Last updated: 18 days ago ( Aug 19, 2024 )
Year Built: 2010
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 2,940 square feet
Price per sq ft: $147
Tax Annual Amount: $2,990
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric, Propane
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.542762, -52.832059]
Listing ID: 27307442
Address: 186 Elizabeth Drive, Paradise, Newfoundland & Labrador, Canada A1L0L6
Status: Active
Last updated: 18 days ago ( Aug 19, 2024 )
Year Built: 2010
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Living Area Total: 2,940 square feet
Price per sq ft: $147
Tax Annual Amount: $2,990
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric, Propane
Flooring: Hardwood, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.542762, -52.832059]
Rooms
| Basement | Bath (# pieces 1-6) Bedroom Recreation room | 6 x 6.8 null 9.8 x 18.5 null 27.8 x 11.6 null |
| Main level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Living room/Dining room Kitchen | 8.8 x 10 null 5.7 x 4.8 null 12 x 8.5 null 12 x 9 null 16.3 x 11.3 null 29 x 14.5 null 12.5 x 10.10 null |
Basic Calculator
First Mortgage: $344,000
Mortgage insurance premium: $0
Total Financing: $344,000
Rough closing fee (1.5%): ~ $6,450
Total downpayment with estimated closing fee: $92,450
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,235 | $38,820 |
| Gross rental income (income/principal ratio) | 0.752% | 9.028% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $538 | $6,456 |
| Vacancy | $162 | $1,941 |
| Management Fee | $259 | $3,106 |
| Expense / Income Ratio | 16.63% | 16.63% |
| Cash Flow | $2,277 | $27,324 |
| Net Operating Income (NOI) | $2,277 | $27,324 |
| Capitalization Rate | 0.53% | 6.35% |
Capitalization Rate: 6.35%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $614,286
