5 Quantum Drive
Paradise, NL, A1L0W3
5 Beds | 3 Baths
$549,900
About the property (MLS: 1277655):
Welcome to 5 Quantum Drive- a stunning, fully developed split-entry home with an attached and detached garage located in Paradise. Bright and inviting, the spacious open-concept design features a gorgeous kitchen equipped with stainless steel appliances, a stylish tile backsplash, a large island, and a walk-in pantry. Relax in the living room, complete with a custom electric fireplace- the perfect spot for having cozy nights in. The primary bedroom has a large walk-in closet and an ensuite bathroom with a tiled walk in shower. There are also two additional bedrooms and a full bathroom on the main floor ensuring ample space for family or guests. Downstairs you will a large rec room with a wet bar for hanging out and entertaining. Energy-efficient mini split on the main floor ensures your home remains comfortable year-round while keeping electricity costs down! The backyard is fully fenced making it ideal for the kids and/or pets to play. The attached garage offers ample storage, while the drive in accessible 16' x 20' detached garage is a great space to store outdoor tools and toys. (id:56688)
Property Details
Listing ID: 27447745
Address: 5 Quantum Drive, Paradise, Newfoundland & Labrador, Canada A1L0W3
Status: Active
Last updated: 10 days ago ( Sep 25, 2024 )
Year Built: 2022
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Fencing: Fence
Living Area Total: 2,612 square feet
Price per sq ft: $211
Tax Annual Amount: $3,990
Tax Year: 2024
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
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: 31
Rurl
Coordinates: [47.538458, -52.88936]
Rooms
| Basement | Laundry room Storage Mud room Recreation room | 7' x 7'10"" null 7'8"" x 14'4"" null 8'7"" x 6'10"" null 20'4"" x 17'11"" null |
| Main level | Bedroom Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Kitchen Dining room Living room | 10'6"" x 11'9"" null 8'2"" x 7'8"" null 10'3"" x 12'1"" null 9'1"" x 5'7"" null 17'8"" x 21'10"" null 13'5"" x 14'2"" null 15'7"" x 6'8"" null 12'2"" x 15'7"" 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
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,874 | $34,488 |
| Gross rental income (income/principal ratio) | 0.523% | 6.272% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $688 | $8,256 |
| Vacancy | $144 | $1,725 |
| Management Fee | $230 | $2,760 |
| Expense / Income Ratio | 23.94% | 23.94% |
| Cash Flow | $1,813 | $21,756 |
| Net Operating Income (NOI) | $1,813 | $21,756 |
| Capitalization Rate | 0.33% | 3.96% |
