8 Kemble Avenue
Paradise, NL, A1L4J1
3 Beds | 4 Baths
$435,500
About the property (MLS: 1277391):
**Under Construction** by OCTAGON DEVELOPMENT. Beautiful raised 2-story home with in-house garage in great up-and- coming neighbourhood in Paradise! This home has been designed with beautiful modern siding and trim. The main floor features a large open concept kitchen, dining and living space, and powder room. The kitchen showcases an oversized island and walk-in pantry. The upper level features a primary bedroom with full ensuite and walk-in closet, plus two more bedrooms, full bath and laundry! The lower level is fully developed w/ a rec room and half bath. Close to schools, daycare, Sobeys, liquor store, brand new retail plazas, rec centre, walking trails, and more! Front landscaping, mini-split, front and back patio and double paved driveway included. Ready for occupancy early 2025. Multiple Lots available- Can be built to suit. (id:56688)
Property Details
Listing ID: 27411933
Address: 8 Kemble Avenue, Paradise, Newfoundland & Labrador, Canada A1L4J1
Status: Active
Last updated: 21 days ago ( Sep 13, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 4
1/2 Baths: 2
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,874 square feet
Price per sq ft: $233
Tax Annual Amount: $3,313
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.551314, -52.892797]
Rooms
| Basement | Not known Bath (# pieces 1-6) Recreation room | 13'9"" x 27'4"" null Half null 13'2"" x 12'6"" null |
| Second level | Laundry room Other Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 5'11"" x 3' null WIC null Full null 10'3"" x 9'4"" null 8'11"" x 9'4"" null Full null 13'8"" x 12'9"" null |
| Main level | Not known Bath (# pieces 1-6) Living room Dining room Kitchen | 5'4"" x 8'9"" null Half null 13'8"" x 14'6"" null 8'2"" x 12'8"" null 13'8"" x 13'0"" null |
Basic Calculator
First Mortgage: $348,400
Mortgage insurance premium: $0
Total Financing: $348,400
Rough closing fee (1.5%): ~ $6,533
Total downpayment with estimated closing fee: $93,633
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,062 | $24,744 |
| Gross rental income (income/principal ratio) | 0.473% | 5.682% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $545 | $6,540 |
| Vacancy | $104 | $1,238 |
| Management Fee | $165 | $1,980 |
| Expense / Income Ratio | 26.43% | 26.43% |
| Cash Flow | $1,249 | $14,988 |
| Net Operating Income (NOI) | $1,249 | $14,988 |
| Capitalization Rate | 0.29% | 3.44% |
