65 Trenton Drive
Paradise, NL, A1L4B7
3 Beds | 2 Baths
$539,900
About the property (MLS: 1277022):
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 3 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, 2 additional bedrooms are 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 4th and 5th bedrooms. The exterior will have a covered front deck, double paved driveway and front landscaping included. Allowances for kitchen, cabinets, flooring and lighting will be $35,000 (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: 27371218
Address: 65 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: 6 days ago ( Sep 5, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 2,760 square feet
Price per sq ft: $196
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, Other
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 2
Rurl
Coordinates: [47.523936, -52.888021]
Rooms
| Main level | Bedroom Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) Eating area Living room Kitchen | 11'8x10 null 11'8x10 null 3pc 13'3x11'8 null 3pc 17x9 null 20x13'2 null 16'10x10 null |
Basic Calculator
First Mortgage: $431,920
Mortgage insurance premium: $0
Total Financing: $431,920
Rough closing fee (1.5%): ~ $8,099
Total downpayment with estimated closing fee: $116,079
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,037 | $36,444 |
| Gross rental income (income/principal ratio) | 0.563% | 6.750% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $675 | $8,100 |
| Vacancy | $152 | $1,823 |
| Management Fee | $243 | $2,916 |
| Expense / Income Ratio | 22.23% | 22.23% |
| Cash Flow | $1,968 | $23,616 |
| Net Operating Income (NOI) | $1,968 | $23,616 |
| Capitalization Rate | 0.36% | 4.37% |
