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
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
Investment Calculator:
Monthly | Yearly | |
---|---|---|
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 Ratio | 21.86% | 21.86% |
Cash Flow | $1,734 | $20,808 |
Net Operating Income (NOI) | $1,734 | $20,808 |
Capitalization Rate | 0.37% | 4.48% |