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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 is building this stunning, quality, and expertly designed 2-APARTMENT Duplex in Jonathan Park, Paradise. It offers an expansive 2,475 sq ft of living space on three levels. For comfort, it features 3 spacious bedrooms, 2.5 bathrooms, and a versatile bonus room off the living room. The primary bedroom is a true retreat, featuring an ensuite bathroom and a generous walk-in closet. The laundry facilities are on the same floor as the bedrooms for added convenience. This home's modern open-concept design is perfect for family life and is enhanced by a mini-split heat pump, ensuring comfort and affordability. The kitchen boasts a separate pantry and a center island with seating, making meal preparation and casual dining a breeze. The large dining area and living room further enhance the home, complemented by a half bathroom for guests. An additional bonus room provides you with an office or kid's playroom. The entry-level has a self-contained, 1-bedroom, above-ground apartment for added income or family. It boasts the same quality with an open-concept design, large living room window, living/dining area, modern kitchen, bedroom, bath, laundry, and storage room. Outside, the property includes a fully landscaped lot and a sleek, contemporary exterior aesthetic that adds to its curb appeal. To truly make this your dream home, you have the opportunity to choose your flooring, lighting, and other features, allowing you to infuse your style into your new home. A 10-year Atlantic Home Warranty backs this home. The HST rebate is to be assigned to the builder upon closing. All measurements are to be verified by the purchaser. (id:56688)

Property Details
MLS: 1279256
Listing ID: 27612211
Address: 22 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K1
Status: Active
Last updated: a month ago ( Nov 8, 2024 )
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