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TelephoneEmail33 Magee Drive, Paradise, Newfoundland & Labrador, Canada A1L0K3

33 Magee Drive

Paradise, NL, A1L0K3

location

3 Beds | 3 Baths

$374,900

33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
33 Magee Drive Paradise Newfoundland & Labrador Canada A1L0K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1277295):

Welcome to 33 Magee Drive- a beautiful two-storey home with a greenbelt, nestled in Paradise. The open-concept kitchen and family room is a true highlight of this home, with a stylish peninsula that doubles as a cozy breakfast bar—ideal for cozy morning breakfasts. The kitchen is equipped with modern appliances and ample counter space. The main floor is complete with a living room, powder room and additional living space (ideal for play room or main level office). The oversized primary bedroom offers a private ensuite and a generous walk-in closet. With two additional well-sized bedrooms and another stylish bathroom, this home provides ample space for family living. Step outside to discover the beautifully landscaped, tree lined backyard - an ideal area for outdoor gatherings and enough space for both kids and dogs to play, along with southern sun exposure. The large storage shed offers a convenient space for gardening tools and recreational gear, keeping your outdoor area tidy and organized. Enjoy the convenience of being just minutes away from schools, walking trails, coffee shops, shopping, and grocery stores. Don’t miss the chance to make this charming property your new home! No presentation of offers as per sellers directive until 5pm on Monday the 23rd of September, 2024. (id:56688)

Property Details
MLS: 1277295
Listing ID: 27443004
Address: 33 Magee Drive, Paradise, Newfoundland & Labrador, Canada A1L0K3
Status: Active
Last updated: 12 days ago ( Sep 22, 2024 )
Year Built: 2010
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: Laminate, Other
Living Area Total: 2,565 square feet
Price per sq ft: $147
Tax Annual Amount: $2,473
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.538315, -52.901778]

Rooms

Basement
Other
Storage
Storage
11'2"" x 28'7"" null
11'7"" x 10'10"" null
11'7"" x 17'6"" null
Second level
Bath (# pieces 1-6)
Other
Bath (# pieces 1-6)
Bedroom
Bedroom
Primary Bedroom
7'8"" x 8'6"" null
5'1"" x 6'4"" WIC null
8'7"" x 5'1"" null
11'2"" x 11'10"" null
9'5"" x 11'11"" null
14'10"" x 23'2"" null
Main level
Bath (# pieces 1-6)
Dining nook
Family room
Kitchen
Living room
4'11"" x 4'8"" null
11'2"" x 10'1"" null
15'2"" x 13'6"" null
11'2"" x 9'3"" null
11'7"" x 14'9"" null

Basic Calculator



First Mortgage: $299,920

Mortgage insurance premium: $0

Total Financing: $299,920

Rough closing fee (1.5%): ~ $5,624

Total downpayment with estimated closing fee: $80,604

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,822$33,864
Gross rental income (income/principal ratio)0.753%9.033%
Mortgage$0$0
Monthly Expenses$469$5,628
Vacancy$142$1,694
Management Fee$226$2,710
Expense / Income Ratio16.62%16.62%
Cash Flow$1,987$23,844
Net Operating Income (NOI)$1,987$23,844
Capitalization Rate0.53%6.36%
Capitalization Rate: 6.36%
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).): $535,572