2 Hayes Avenue
Paradise, NL, A1L3L5
4 Beds | 3 Baths
$699,900
About the property (MLS: 1278827):
This exquisite 4,500 square foot executive residence is perfectly situated in a highly sought-after area of Paradise. Pride of ownership is evident throughout this home, with remarkable attention to detail—from the exquisite millwork and custom finishes to the stunning marble tiles in the bathrooms to the various heat sources providing versatility and affordability year round. While the exterior is complemented by beautifully landscaped grounds. Every unique element adds character and charm, making this home truly one of a kind. As you step through the front door, you’ll be captivated by the opulent grand entrance that sets the tone for the rest of the home. The main floor features a spacious dining room ideal for entertaining, a cozy living room perfect for relaxation, a welcoming family room and a spacious kitchen. A convenient laundry room and a full bathroom complete this level, ensuring functionality for daily living. Ascend the stunning winding staircase to discover four generously sized bedrooms. The impressive primary suite is a true retreat, featuring a spacious walk-in closet and a en-suite bathroom, creating a private oasis for relaxation. A second full bathroom upstairs adds convenience for family and guests. The expansive walkout basement is the ultimate bonus, featuring a fabulous bar area for unwinding, a large recreation room perfect for gatherings, and a well-equipped utility room. Additionally, the ideal workshop space allows for all your creative projects and hobbies. Families will appreciate the convenience of being located within a school bus route area, ensuring that the kids have a safe and easy commute to school. Don’t miss the opportunity to experience this remarkable home in person. (id:56688)
Property Details
Listing ID: 27562425
Address: 2 Hayes Avenue, Paradise, Newfoundland & Labrador, Canada A1L3L5
Status: Active
Last updated: a month ago ( Jan 19, 2025 )
Year Built: 1988
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Oil, Propane, Wood
Sewer: Municipal sewage system
Flooring: Hardwood
Fencing: Fence
Living Area Total: 4,500 square feet
Price per sq ft: $156
Tax Annual Amount: $4,399
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Oil, Propane, Wood
Flooring: Hardwood
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 37
Rurl
Coordinates: [47.553167, -52.891815]
Rooms
| Lower level | Utility room Workshop Recreation room | 13'11'' X 31' null 18'6'' X 15'4'' null 32'8'' X 14'8'' null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Ensuite Primary Bedroom | 10'8'' X 7'2'' null 15'5'' X 13'7'' null 11'10'' X 14'' null 10'8'' X 11'4'' null 4'10'' X 10'6'' null 17' X 15'4'' null |
| Main level | Laundry room Bath (# pieces 1-6) Dining room Family room/Fireplace Living room Kitchen Foyer | 7'4 X 6'6'' null 9'6'' X 5' null 15' X 17' null 13'7'' X 15'4'' null 18'4'' X 15'4'' null 18'6'' X 19' null 15' X 12'9'' null |
Basic Calculator
First Mortgage: $559,920
Mortgage insurance premium: $0
Total Financing: $559,920
Rough closing fee (1.5%): ~ $10,499
Total downpayment with estimated closing fee: $150,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $4,950 | $59,400 |
| Gross rental income (income/principal ratio) | 0.707% | 8.487% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $875 | $10,500 |
| Vacancy | $248 | $2,970 |
| Management Fee | $396 | $4,752 |
| Expense / Income Ratio | 17.68% | 17.68% |
| Cash Flow | $3,432 | $41,184 |
| Net Operating Income (NOI) | $3,432 | $41,184 |
| Capitalization Rate | 0.49% | 5.88% |
