About the property (MLS: 1276437):
Imagine living surrounded by nature while just moments away from all the conveniences of town. Welcome to this fully-developed 3-bedroom, 2-bathroom home on a beautiful half-acre, terraced garden lot. A fully developed flower garden in the front yard which is subdivided to create a private yard for pets accessible through the side door. Explore walking trails around nearby ponds or tend to your garden filled with black and red currants, strawberries, raspberries, and kiwi. With a greenhouse and raised vegetable beds, this property is a dream come true for gardening enthusiasts. Inside, you’ll find a bright entryway leading to a spacious living room, a playroom (or office), and a 26-foot kitchen/dining area with ample cabinetry and a walkout to a large rear deck overlooking Neil’s Pond. Upstairs features 3 generous bedrooms and a bathroom. The lower level offers potential for an apartment with a grade-level entry, recreation room, den (or bedroom) full bathroom, and a second electrical panel. Additional highlights include a garage/workshop with a propane fireplace, ample parking, and proximity to daycare, schools, grocery stores, walking trails, and easy access to the TCH. Come experience the charm of 1549 Topsail Road—a true garden oasis in the heart of Paradise. *- New forced air, oil fired furnace was installed in 2019. Furnace is controlled with a smart thermostat that allows scheduling, geofencing, independent control of the fan to circulate air between heating cycles, and also allows the monitoring of run time. - New fiberglass oil tank was also installed in the last 5 years - New DAIKIN, 36000 btu minisplit was installed less than two years ago which is covered by warranty for 10 years. - New Humidex energy efficient basement ventilation unit installed in 2017. (id:56688)
Property Details
Listing ID: 27335918
Address: 1549 Topsail Road, Paradise, Newfoundland & Labrador, Canada A1L1R3
Status: Active
Last updated: 9 days ago ( Aug 28, 2024 )
Year Built: 1954
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: 4
Baths: 2
1/2 Baths: 0
Heating: Forced air, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other, Ceramic Tile, Mixed Flooring
Living Area Total: 2,157 square feet
Price per sq ft: $147
Tax Annual Amount: $2,602.86
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete, Poured Concrete
Heating: Forced air, Electric
Flooring: Laminate, Other, Ceramic Tile, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.53123, -52.865341]
Rooms
Basement | Not known Recreation room Not known Laundry room Bath (# pieces 1-6) | .0 X 0.0 null 12x19 null 8.3 x 14.2 null 16.9 x 10.52 null 5.3 x 14 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 14.7 x 7.9 null 12.3 x 10.8 null 11 x 11.2 null 12.9 x 13.8 null |
Main level | Porch Kitchen Living room Dining nook Other Porch | 7.6 x 5.4 null 11.2 x 14 null 16 x 12.9 null 12.2 x 8 null 6 x 10.9 null 16 x 4.7 null |
Basic Calculator
First Mortgage: $252,000
Mortgage insurance premium: $0
Total Financing: $252,000
Rough closing fee (1.5%): ~ $4,725
Total downpayment with estimated closing fee: $67,725
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,373 | $28,476 |
Gross rental income (income/principal ratio) | 0.753% | 9.040% |
Mortgage | $0 | $0 |
Monthly Expenses | $394 | $4,728 |
Vacancy | $119 | $1,424 |
Management Fee | $190 | $2,279 |
Expense / Income Ratio | 16.60% | 16.60% |
Cash Flow | $1,671 | $20,052 |
Net Operating Income (NOI) | $1,671 | $20,052 |
Capitalization Rate | 0.53% | 6.37% |