1 Prominence Place
Paradise, NL, A1L4H8
4 Beds | 3 Baths
$479,900
About the property (MLS: 1276167):
Beautiful bungalow in cul-de-sac of great up-and-coming neighbourhood in Paradise! Open concept kitchen w/ island, dining and living area with 3 large size bedrooms (primary bedroom has a full ensuite and walk-in closet). Basement has spacious 1-bedroom apartment. Corner lot allows for rear yard access on the side- great for future shed/garage access, etc. Front landscaping, front and back patio and double paved driveway also included. Close to schools, daycare, Sobeys, liquor store, new retail plazas, rec centre, walk trails, and more! Multiple Lots available- can be built to suit. (id:56688)
Property Details
Listing ID: 27411940
Address: 1 Prominence Place, Paradise, Newfoundland & Labrador, Canada A1L4H8
Status: Active
Last updated: 21 days ago ( Sep 13, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,456 square feet
Price per sq ft: $196
Tax Annual Amount: $3,551
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: 7
Rurl
Coordinates: [47.551424, -52.89239]
Rooms
| Basement | Recreation room Bath (# pieces 1-6) Bedroom Not known | 9'5"" x 14'5"" null FULL null 11'3"" x 13' null 16'7"" x 28'1"" null |
| Main level | Bedroom Bedroom Ensuite Other Primary Bedroom Bath (# pieces 1-6) Kitchen Living room/Dining room | 9'8"" x 11'8"" null 8'11"" x 13'2"" null FULL null WIC null 11'6"" x 14'7"" null FULL null 15'7"" x 14'9"" null 12'10"" x 13'8"" null |
Basic Calculator
First Mortgage: $383,920
Mortgage insurance premium: $0
Total Financing: $383,920
Rough closing fee (1.5%): ~ $7,199
Total downpayment with estimated closing fee: $103,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,702 | $32,424 |
| Gross rental income (income/principal ratio) | 0.563% | 6.756% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $600 | $7,200 |
| Vacancy | $136 | $1,622 |
| Management Fee | $217 | $2,594 |
| Expense / Income Ratio | 22.21% | 22.21% |
| Cash Flow | $1,751 | $21,012 |
| Net Operating Income (NOI) | $1,751 | $21,012 |
| Capitalization Rate | 0.36% | 4.38% |
