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TelephoneEmail58 Elizabeth Drive, Paradise, Newfoundland & Labrador, Canada A1L1E4

58 Elizabeth Drive

Paradise, NL, A1L1E4

location

3 Beds | 2 Baths

$279,000

58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
58 Elizabeth Drive Paradise Newfoundland & Labrador Canada A1L1E4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279291):

** Owners are motivated to sell *** If you're looking for a 3 bedroom, 2 bath home in a central location in a family oriented neighborhood, close to shopping, schools and more, check out this property. It offers a spacious kitchen with stainless steel appliances, centre island and large built in cabinet, open to the dining area. French doors from the dining area and from the main hallway lead to the spacious living room with hardwood floors. The upper level has a primary bedroom with hardwood floors, plus 2 other bedrooms with laminate floors. All bedrooms have ceiling fans. A full bath completes this level. The lower level has a large family room with great space for multipurpose uses. There's also a full bath with shower on this level. Step down into the laundry room, then check out the unfinished basement area which offers great storage. The rear yard is private and has a walking trail behind it. The home does require some immediate fixes but has great potential for someone willing to take on a few projects. The dishwasher was installed in 2022, the washer and dryer are only 1 year old and a new HRV was installed in 2023. (id:56688)

Property Details
MLS: 1279291
Listing ID: 27614524
Address: 58 Elizabeth Drive, Paradise, Newfoundland & Labrador, Canada A1L1E4
Status: Active
Last updated: 14 days ago ( Nov 27, 2024 )
Year Built: 1981
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: Hardwood, Laminate, Other, Mixed Flooring
Living Area Total: 2,105 square feet
Price per sq ft: $133
Tax Annual Amount: $2,114
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: Baseboard heaters, Electric
Flooring: Hardwood, Laminate, Other, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 42
Rurl
Coordinates: [47.538552, -52.841955]

Rooms

Basement
Storage
Storage
7.7 X 11.5 null
11.4 X 25.5 null
Lower level
Laundry room
Bath (# pieces 1-6)
Family room
6.9 X 13.6 null
6.5 X 7.3 null
17.7 X 24.11 null
Second level
Bath (# pieces 1-6)
Bedroom
Bedroom
Primary Bedroom
4.11 X 8.11 null
8.10 X 13.4 null
8.11 X 13.4 null
11 X 12.10 null
Main level
Living room
Dining room
Kitchen
14.1 X 16.9 null
8.11 X 11.1 null
11 X 11.9 null

Basic Calculator



First Mortgage: $223,200

Mortgage insurance premium: $0

Total Financing: $223,200

Rough closing fee (1.5%): ~ $4,185

Total downpayment with estimated closing fee: $59,985

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,316$27,792
Gross rental income (income/principal ratio)0.830%9.961%
Mortgage$0$0
Monthly Expenses$349$4,188
Vacancy$116$1,390
Management Fee$186$2,224
Expense / Income Ratio15.07%15.07%
Cash Flow$1,666$19,992
Net Operating Income (NOI)$1,666$19,992
Capitalization Rate0.60%7.17%
Capitalization Rate: 7.17%
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).): $398,572