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TelephoneEmail67 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7

67 Trenton Drive

Paradise, NL, A1L4B7

location

2 Beds | 2 Baths

$464,900

67 Trenton Drive Paradise Newfoundland & Labrador Canada A1L4B7, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1276604):

Paradise's newest subdivision, Emerald Ridge, is located in the ever popular and sought after Octagon Pond area and is within walking distance to schools, trails and amenities. Overlooking Octagon Pond, this contemporary bungalow 2 bed, 2 bath family home has a great open concept main floor layout with enclosed porch, family room, kitchen with large island, and dining space with access to the raised patio. The master bedroom is spacious with a walk-in closet and full ensuite, with a guest bedroom located away from the main living space and there will be a full main bath. The basement will be wide open for a huge recroom, bathroom, storage and 3rd bedroom. The exterior will have a covered front deck, double paved driveway and front landscaping included. Allowances for kitchen, cabinets, flooring and lighting will be $30,000 (HST inc), single head mini split heat pump is included and there will be an 8 year LUX New Home Warranty. Purchase price includes HST with rebate back to the builder. (id:56688)

Property Details
MLS: 1276604
Listing ID: 27330877
Address: 67 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: a month ago ( Aug 27, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 2
Number of Levels: 2
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,420 square feet
Price per sq ft: $193
Tax Annual Amount: $0
Tax Year: 2024
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: Laminate
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.52424, -52.89036]

Rooms

Main level
Bedroom
Primary Bedroom
Ensuite
Laundry room
Bath (# pieces 1-6)
Living room
Dining room
Kitchen


4pc

3pc



Basic Calculator



First Mortgage: $371,920

Mortgage insurance premium: $0

Total Financing: $371,920

Rough closing fee (1.5%): ~ $6,974

Total downpayment with estimated closing fee: $99,954

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,662$31,944
Gross rental income (income/principal ratio)0.573%6.871%
Mortgage$0$0
Monthly Expenses$582$6,984
Vacancy$134$1,598
Management Fee$213$2,556
Expense / Income Ratio21.86%21.86%
Cash Flow$1,734$20,808
Net Operating Income (NOI)$1,734$20,808
Capitalization Rate0.37%4.48%
Capitalization Rate: 4.48%
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).): $664,143