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TelephoneEmail22 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K1

22 Carol Crescent

Paradise, NL, A1L4K1

location

4 Beds | 4 Baths

$479,900

22 Carol Crescent Paradise Newfoundland & Labrador Canada A1L4K1, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279256):

Hann Construction Ltd presents this modern 2-apartment duplex in Jonathan Park, Paradise. Spanning 2,475 sq ft over three levels, the main unit features 3 bedrooms, 2.5 baths, and a versatile bonus room. Designed for comfort and style, the open-concept layout offers a spacious living and dining area, a modern kitchen with a pantry and island seating, and a mini-split heat pump for year-round efficiency. The primary suite includes an ensuite and walk-in closet, with laundry conveniently on the same floor. The entry-level consists of a self-contained 1-bedroom apartment, perfect for rental income or family, with an open layout, modern kitchen, bath, laundry, and storage. This home sits on a fully landscaped lot with a sleek, contemporary exterior. Buyers can customize finishes to their taste. Backed by a 10-year Atlantic Home Warranty. Please note mood boards and renderings shown in the listing photos are for visual purposes only. Final finishes and selections may vary. HST is included in the list price to be rebated to the vendor on closing. Measurements are taken from the building plans, to be verified by the buyer(s). (id:56688)

Property Details
MLS: 1279256
Listing ID: 27612211
Address: 22 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K1
Status: Active
Last updated: 2 days ago ( Mar 13, 2025 )
Year Built: 2024
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,475 square feet
Price per sq ft: $194
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: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.551389, -52.886632]

Rooms

Main level
Laundry room
Bath (# pieces 1-6)
Not known
Storage
Not known
Not known
Storage
Porch
TBD
8.10 x 5.2 null
10.3 x 10.6 null
5.0 x 6.6 null
11.4 x 13.0 null
11.4 x 12.10 null
8.11 6.11 null
6.1 x 12 null
Second level
Not known
Bath (# pieces 1-6)
Not known
Kitchen
Dining room
Living room
7.9 x 7.6 null
5.10 x 5.0 null
5.1 x 5.8 null
14.8 x 15 null
16.3 x 9.8 null
12.0 x 14.6 null
Third level
Primary Bedroom
Bedroom
Bedroom
Bath (# pieces 1-6)
Laundry room
Ensuite
12.8 x 14.6 null
7.1 x 10.8 null
9.9 x 11.1 null
7.1 x 10.8 null
tbd null
7.1 x 7.0 null

Basic Calculator



First Mortgage: $383,920

Mortgage insurance premium: $0

Total Financing: $383,920

Rough closing fee (1.5%): ~ $7,199

Total downpayment with estimated closing fee: $103,179

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,723$32,676
Gross rental income (income/principal ratio)0.567%6.809%
Mortgage$0$0
Monthly Expenses$600$7,200
Vacancy$137$1,634
Management Fee$218$2,615
Expense / Income Ratio22.03%22.03%
Cash Flow$1,770$21,240
Net Operating Income (NOI)$1,770$21,240
Capitalization Rate0.37%4.43%
Capitalization Rate: 4.43%
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).): $685,572