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TelephoneEmail10 Prominence Place, Paradise, Newfoundland & Labrador, Canada A1L4H8

10 Prominence Place

Paradise, NL, A1L4H8

location

3 Beds | 3 Baths

$549,900

10 Prominence Place Paradise Newfoundland & Labrador Canada A1L4H8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Prominence Place Paradise Newfoundland & Labrador Canada A1L4H8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Prominence Place Paradise Newfoundland & Labrador Canada A1L4H8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Prominence Place Paradise Newfoundland & Labrador Canada A1L4H8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Prominence Place Paradise Newfoundland & Labrador Canada A1L4H8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Prominence Place Paradise Newfoundland & Labrador Canada A1L4H8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Prominence Place Paradise Newfoundland & Labrador Canada A1L4H8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Prominence Place Paradise Newfoundland & Labrador Canada A1L4H8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
10 Prominence Place Paradise Newfoundland & Labrador Canada A1L4H8, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1277332):

**2-storey w/ attached garage in cul-de-sac- oversized lot with beautiful view of Paradise, drive back access** The main level features a spacious open concept kitchen, dining, living room, and bonus family room. Kitchen showcases an island and walk-in pantry. There is also a convenient powder room off the kitchen. The upper level has a spacious primary suite, including a full ensuite and oversized walk-in closet. There are two more bedrooms as well as a full bath. Another great convenience on this build will be the 2nd floor laundry room! Large basement is undeveloped. Front landscaping, mini-split, back patio, front veranda, double paved driveway included. Great family neighbourhood, close to schools, daycares, Sobeys, walking trails, new retail plaza, recreation centre, and much more! (id:56688)

Property Details
MLS: 1277332
Listing ID: 27423881
Address: 10 Prominence Place, Paradise, Newfoundland & Labrador, Canada A1L4H8
Status: Active
Last updated: 18 days ago ( Sep 17, 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: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,824 square feet
Price per sq ft: $195
Tax Annual Amount: $4,069
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
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: 9
Rurl
Coordinates: [47.551391, -52.892098]

Rooms

Other
Not known
13'6"" x 27'8"" null
Second level
Laundry room
Bath (# pieces 1-6)
Primary Bedroom
Other
Ensuite
Bedroom
Bedroom
3'3"" x 6'5"" null
Full null
14'3"" x 11'6"" null
6'4"" x 13'- WIC null
Full null
10' x 11'7"" null
10'7"" x 9'6"" null
Main level
Kitchen
Dining room
Living room
Not known
Bath (# pieces 1-6)
Family room
13'6"" x 14'9"" null
14'3"" x 9'11"" null
13'8"" x 12'4"" null
7'1"" x 4'11"" null
Half null
13' x 12'10"" null

Basic Calculator



First Mortgage: $439,920

Mortgage insurance premium: $0

Total Financing: $439,920

Rough closing fee (1.5%): ~ $8,249

Total downpayment with estimated closing fee: $118,229

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$3,107$37,284
Gross rental income (income/principal ratio)0.565%6.780%
Mortgage$0$0
Monthly Expenses$688$8,256
Vacancy$156$1,865
Management Fee$249$2,983
Expense / Income Ratio22.14%22.14%
Cash Flow$2,016$24,192
Net Operating Income (NOI)$2,016$24,192
Capitalization Rate0.37%4.40%
Capitalization Rate: 4.40%
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).): $785,572