24 Rembrandt Boulevard
Paradise, NL, A1L3C1
4 Beds | 3 Baths
$427,900
About the property (MLS: 1276512):
Construction is set to start on this Beautiful 2 Bedroom 2 Bathroom Raised Bungalow 2 Apartment in Willowbanks Subdivision ( Adams Pond)...This Quality Built Home by DMP CONTRACTING will offers a large foyer, large living room, kitchen with Center island, large master bedroom with en-suite and walk in closet. The spacious 2 Bedroom Apartment has large open concept kitchen and living room, large bedrooms, and plenty of windows for natural light….Home comes complete with dark siding & trim, crown moulding in main area, 10 x 12 patio, pot lights and generous Allowances for Cabinets, Flooring & Lighting....Front Landscaping & Paved Driveway....8 Year New Home Warranty..All Plywood Construction. Still time to customize this beautiful home....Conveniently located next to walking trails, shopping and other amenities (id:56688)
Property Details
Listing ID: 27325491
Address: 24 Rembrandt Boulevard, Paradise, Newfoundland & Labrador, Canada A1L3C1
Status: Active
Last updated: 14 days ago ( Aug 23, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Other
Living Area Total: 1,806 square feet
Price per sq ft: $237
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.541214, -52.884968]
Rooms
| Basement | Living room Bath (# pieces 1-6) Bedroom Bedroom Kitchen | 12.2 x 12.6 null 5.2 x 9.4 null 10.10 x 13.0 null 11.6 x 10.6 null 15.1 x 14.6 null |
| Second level | Ensuite Primary Bedroom Bedroom Bath (# pieces 1-6) Dining room Kitchen Living room | 6.8 x 6.8 null 16.11 x 11.6 null 12.7 x 9.4 null 8.1 x 5.8 null 11.0 x 10.11 null 8.1 x 11.2 null 16.6 x 12.7 null |
| Main level | Not known Laundry room Foyer | 16.9 x 20.0 null 8.0 x 5.8 null 10.11 x 7.0 null |
Basic Calculator
First Mortgage: $342,320
Mortgage insurance premium: $0
Total Financing: $342,320
Rough closing fee (1.5%): ~ $6,419
Total downpayment with estimated closing fee: $91,999
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,987 | $23,844 |
| Gross rental income (income/principal ratio) | 0.464% | 5.572% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $535 | $6,420 |
| Vacancy | $100 | $1,193 |
| Management Fee | $159 | $1,908 |
| Expense / Income Ratio | 26.93% | 26.93% |
| Cash Flow | $1,194 | $14,328 |
| Net Operating Income (NOI) | $1,194 | $14,328 |
| Capitalization Rate | 0.28% | 3.35% |
