About the property (MLS: 1279238):
CONSTRUCTION STARTED! Welcome to 4 Prominence Place located on a quiet cul de sac in beautiful Picco Ridge Subdivision in Paradise. This split entry home will have it all. Walk in through the main foyer and up over the stairs you will find pure open concept living. The kitchen offers ample cupboard space with a large center island, which opens up to your large living room. There are three bedrooms and a main bathroom on the main level with an ensuite with a stand up shower and a walk in closet off of the primary bedroom. The basement comes roughed in for an apartment and can be finished at an extra cost. This home is just getting started and can still be customized to your liking (please check to see what has been ordered). Allowances: Kitchen $14,000, Flooring $4400, Lighting $2500, Plumbing $1600. (id:56688)
Property Details
Listing ID: 27613026
Address: 4 Prominence Street, Paradise, Newfoundland & Labrador, Canada A1L4M4
Status: Active
Last updated: a month ago ( Nov 4, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,043 square feet
Price per sq ft: $213
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 3
Rurl
Coordinates: [47.551141, -52.89203]
Rooms
Main level | Bedroom Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) Kitchen Living room | 8.11 x 10.1 null 9.0 x 11.8 null 3PC null 12.0 x 14.2 null 3PC null 18.4 x 14.6 null 11.3 x 12.6 null |
Basic Calculator
First Mortgage: $348,000
Mortgage insurance premium: $0
Total Financing: $348,000
Rough closing fee (1.5%): ~ $6,525
Total downpayment with estimated closing fee: $93,525
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,248 | $26,976 |
Gross rental income (income/principal ratio) | 0.517% | 6.201% |
Mortgage | $0 | $0 |
Monthly Expenses | $544 | $6,528 |
Vacancy | $113 | $1,349 |
Management Fee | $180 | $2,159 |
Expense / Income Ratio | 24.20% | 24.20% |
Cash Flow | $1,412 | $16,944 |
Net Operating Income (NOI) | $1,412 | $16,944 |
Capitalization Rate | 0.32% | 3.90% |