28 Jonathan Drive
Paradise, NL, A1L4J3
3 Beds | 3 Baths
$515,000
About the property (MLS: 1278398):
Welcome to 28 Jonathan Drive! Construction starting soon on this beautiful two storey. This prime corner lot allows for second driveway or convenient backyard access. The home features an open concept kitchen, living room, dining as well as a large pantry and a bonus room on the main. Three bedrooms upstairs with ensuite and main bathroom as well as second floor laundry. Don't miss this opportunity to design your brand new home with the help of Hyde Park Homes interior Designer Julia Bailey (Violet Lily Designs). (id:56688)
Property Details
MLS: 1278398
Listing ID: 27517439
Address: 28 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1L4J3
Status: Active
Last updated: 5 months ago ( Oct 8, 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: 1,692 square feet
Price per sq ft: $305
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.552041, -52.886883]
Listing ID: 27517439
Address: 28 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1L4J3
Status: Active
Last updated: 5 months ago ( Oct 8, 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: 1,692 square feet
Price per sq ft: $305
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.552041, -52.886883]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 4pc 9.6x10.4 null 9.10x9.6 null 4pc 16.1x12.10 null |
| Main level | Family room Not known Kitchen Dining room Living room | 12x15.2 null 7.4x5.8 null 14.4x12.10 null 12.4x7.8 null 12.4x11.8 null |
Basic Calculator
First Mortgage: $412,000
Mortgage insurance premium: $0
Total Financing: $412,000
Rough closing fee (1.5%): ~ $7,725
Total downpayment with estimated closing fee: $110,725
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,862 | $22,344 |
| Gross rental income (income/principal ratio) | 0.362% | 4.339% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $644 | $7,728 |
| Vacancy | $94 | $1,118 |
| Management Fee | $149 | $1,788 |
| Expense / Income Ratio | 34.59% | 34.59% |
| Cash Flow | $976 | $11,712 |
| Net Operating Income (NOI) | $976 | $11,712 |
| Capitalization Rate | 0.19% | 2.27% |
Capitalization Rate: 2.27%
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).): $735,715
