20 Meadow Road
Paradise, NL, A1L2R3
3 Beds | 2 Baths
$399,900
About the property (MLS: 1278989):
Welcome to your dream home! Nestled on a serene cul-de-sac, this beautifully updated 3-bedroom plus den/office residence sits on a spacious half-acre lot. The exterior boasts new shingles installed just five years ago, ensuring both style and durability. Inside, you'll find a welcoming atmosphere, enhanced by a large living room that flows seamlessly onto an expansive back deck, perfect for entertaining or enjoying quiet evenings outdoors. The modern kitchen features a charming propane stove, ideal for culinary enthusiasts, while the home has been fully renovated since its purchase in 2010, blending contemporary comfort with thoughtful design. The primary bedroom is a true highlight, offering endless possibilities for your personal sanctuary. Additional features include a new oil tank installed in 2021, ensuring peace of mind for years to come. This home is not just a place to live; it’s a place to create memories. Don’t miss your chance to make it your own! (id:56688)
Property Details
Listing ID: 27582373
Address: 20 Meadow Road, Paradise, Newfoundland & Labrador, Canada A1L2R3
Status: Active
Last updated: 25 days ago ( Oct 26, 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: 2
1/2 Baths: 1
Heating: Radiant heat, Oil
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other
Living Area Total: 2,544 square feet
Price per sq ft: $158
Tax Annual Amount: $2,587
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Radiant heat, Oil
Flooring: Hardwood, Laminate, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 34
Rurl
Coordinates: [47.541389, -52.897594]
Rooms
| Basement | Utility room Laundry room Other Recreation room | 7.4x8.7 null 11.5x12.1 null 26.9x16.11 null 15x12.1 null |
| Second level | Other Primary Bedroom Bath (# pieces 1-6) Bedroom Bedroom | 8.10x7.4 null 17.6x12.1 null 4pc 16.10x9 null 9.7x9 null |
| Main level | Porch Bath (# pieces 1-6) Office Living room Dining room Kitchen | 7.3x8.7 null 2pc 14.6x12.1 null 11.11x12.1 null 12.10 x 14.8 null 13.10x16 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,799 | $33,588 |
| Gross rental income (income/principal ratio) | 0.700% | 8.399% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $140 | $1,680 |
| Management Fee | $224 | $2,688 |
| Expense / Income Ratio | 17.86% | 17.86% |
| Cash Flow | $1,936 | $23,232 |
| Net Operating Income (NOI) | $1,936 | $23,232 |
| Capitalization Rate | 0.48% | 5.81% |
