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TelephoneEmail4 Maple Drive, Paradise, Newfoundland & Labrador, Canada A1L1B3

4 Maple Drive

Paradise, NL, A1L1B3

location

3 Beds | 1 Bath

$180,000

4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Maple Drive Paradise Newfoundland & Labrador Canada A1L1B3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1276790):

Are you a first time home buyer, investor or someone looking to downsize? If so, 4 Maple Drive is the perfect place to start your next chapter! This home sits on a 48x104 mature lot in the beautiful and peaceful Evergreen Village. Upon entering you are greeted with a sizable porch/laundry combination. Continuing in, you will find a spacious eat-in kitchen that opens to a very bright and cozy living room. This home offers three bedrooms, a full bath and rear yard access via the back deck. Outside you will find a very large mature lot with not one but two sheds. Recent upgrades include a brand new furnace this year, shingles replaced in 2019, and all vinyl windows. Conveniently located near shopping, trails, the highway and much more, you don't want to miss out on viewing this home as it surely won't last long. As per Seller's Direction Re Offers, there will be no conveyance of offers before 6pm Sunday, September 8, 2024. (id:56688)

Property Details
MLS: 1276790
Listing ID: 27357712
Address: 4 Maple Drive, Paradise, Newfoundland & Labrador, Canada A1L1B3
Status: Active
Last updated: 3 days ago ( Sep 3, 2024 )
Year Built: 1973
Property Type: Single Family
Structure Type: Mobile Home
Ownership Type: Freehold
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Oil
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Living Area Total: 748 square feet
Price per sq ft: $241
Tax Annual Amount: $987
Tax Year: 2023
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Stove, Dryer
Water Source: Municipal water
Heating: Oil
Flooring: Laminate, Carpeted, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 16
Rurl
Coordinates: [47.537079, -52.838793]

Rooms

Main level
Bath (# pieces 1-6)
Bedroom
Bedroom
Primary Bedroom
Laundry room
Porch
Living room
Not known
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8.06x6.03 null
8.07x6.02 null
10.04x11 null
5.06x6.09 null
6.06x7.03 null
13.07x11 null
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Basic Calculator



First Mortgage: $144,000

Mortgage insurance premium: $0

Total Financing: $144,000

Rough closing fee (1.5%): ~ $2,700

Total downpayment with estimated closing fee: $38,700

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$823$9,876
Gross rental income (income/principal ratio)0.457%5.487%
Mortgage$0$0
Monthly Expenses$225$2,700
Vacancy$42$494
Management Fee$66$791
Expense / Income Ratio27.34%27.34%
Cash Flow$492$5,904
Net Operating Income (NOI)$492$5,904
Capitalization Rate0.27%3.28%
Capitalization Rate: 3.28%
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).): $257,143