65 Trenton Drive
Paradise, NL, A1L4B7
3 Beds | 3 Baths
$649,900
About the property (MLS: 1277049):
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 two storey 3 bed, 2.5 bath family home has a great open concept main floor layout with enclosed porch, main floor office at the front, main floor laundry and half bath, family room in the centre, kitchen and dining spaces at the back to capitalize on the pond views, with access to the raised patio. The master bedroom is spacious with a large walk-in closet and full ensuite, 2 additional bedrooms and full main bath. The basement will be wide open for a huge recroom, 4th bathroom, storage, multi-purpose room and 4th 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 $50,000 (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: 27375662
Address: 65 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: a month ago ( Sep 6, 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: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,990 square feet
Price per sq ft: $218
Tax Annual Amount: $0
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: 4
Rurl
Coordinates: [47.523687, -52.888159]
Rooms
| Second level | Bedroom Bedroom Bath (# pieces 1-6) Ensuite Primary Bedroom | 12'7x10 null 11/3x10/7 null 3pc 3pc 14x13 null |
| Main level | Office Laundry room Bath (# pieces 1-6) Living room Dining room Kitchen | 9'1x13'6 null 7'3x6 null 2pc 14x13'6 null 15x14 null 17'6x14 null |
Basic Calculator
First Mortgage: $519,920
Mortgage insurance premium: $0
Total Financing: $519,920
Rough closing fee (1.5%): ~ $9,749
Total downpayment with estimated closing fee: $139,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,290 | $39,480 |
| Gross rental income (income/principal ratio) | 0.506% | 6.075% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $813 | $9,756 |
| Vacancy | $165 | $1,974 |
| Management Fee | $264 | $3,159 |
| Expense / Income Ratio | 24.71% | 24.71% |
| Cash Flow | $2,050 | $24,600 |
| Net Operating Income (NOI) | $2,050 | $24,600 |
| Capitalization Rate | 0.32% | 3.79% |
