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TelephoneEmail15 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K2

15 Carol Crescent

Paradise, NL, A1L4K2

location

5 Beds | 3 Baths

$399,900

15 Carol Crescent Paradise Newfoundland & Labrador Canada A1L4K2, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1278959):

LOOK at this affordable Duplex in the incredible Jonathan Park subdivision in Paradise, complete with a Basement Apartment! Choose your own final finishes. Built by award winning Macintyre Homes with almost two decades of hands-on building and a keen eye to detail. This 1176 square ft. developed home offers 588 square ft. per floor. This home offers a beautiful kitchen with center island, walk in pantry, convenient 1/2 bath and main floor laundry. The upper level primary bedroom has an ensuite bath and walk in closet and the level is completed by 2 other bedrooms and a full bath. Offset your mortgage with rent from the basement apartment. Generous allowances. Landscaping and paved driveway, plus 10' X 12' rear deck included. Home is backed by Atlantic Home warranty. (id:56688)

Property Details
MLS: 1278959
Listing ID: 27604297
Address: 15 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K2
Status: Active
Last updated: 2 months ago ( Nov 4, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 1,764 square feet
Price per sq ft: $227
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.551776, -52.8864]

Rooms

Basement
Bath (# pieces 1-6)
Not known
Not known
Not known
Not known
6' X 8'6"" null
7'6"" X 11' null
10'6"" X 15' null
10' X 10' null
10' X 10' null
Second level
Bath (# pieces 1-6)
Ensuite
Bedroom
Bedroom
Primary Bedroom
6' X 8' null
6' X 8'6"" null
9'6"" X 10"" null
9'6"" X 10' null
12' X 12'6"" null
Main level
Not known
Bath (# pieces 1-6)
Foyer
Kitchen
Dining room
Living room
4'6"" X 5'6"" null
2 pc
6' X 8' null
10' X 15' null
8' X 11' null
12' X 13' 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

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,941$23,292
Gross rental income (income/principal ratio)0.485%5.824%
Mortgage$0$0
Monthly Expenses$500$6,000
Vacancy$98$1,165
Management Fee$156$1,864
Expense / Income Ratio25.76%25.76%
Cash Flow$1,189$14,268
Net Operating Income (NOI)$1,189$14,268
Capitalization Rate0.30%3.57%
Capitalization Rate: 3.57%
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).): $571,286