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TelephoneEmail4 Indian Pond Drive, Conception Bay South, Newfoundland & Labrador, Canada A1X6P4

4 Indian Pond Drive

Conception Bay South, NL, A1X6P4

location

3 Beds | 3 Baths

$719,900

4 Indian Pond Drive Conception Bay South Newfoundland & Labrador Canada A1X6P4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Indian Pond Drive Conception Bay South Newfoundland & Labrador Canada A1X6P4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Indian Pond Drive Conception Bay South Newfoundland & Labrador Canada A1X6P4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
4 Indian Pond Drive Conception Bay South Newfoundland & Labrador Canada A1X6P4, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279515):

To Be Built- Welcome to 4 Indian Pond Drive—an executive two-story home featuring breathtaking ocean views over Conception Bay. Perched right on the water’s edge, this stunning property offers private access to Indian Pond which leads directly into Conception Bay, with the opportunity to add a private wharf for the ultimate waterside lifestyle.The main floor’s open-concept layout, accentuated by 9-foot ceilings, is designed for comfort and luxury. The gourmet kitchen boasts a large sit-up island and walk-in pantry, seamlessly connected to a dining area and cozy living room. Large windows and a sliding patio door lead to an oversized patio, perfect for enjoying your morning coffee or taking in Conception Bay's captivating sunsets. On the impressive second floor, you’ll find three spacious bedrooms and two full bathrooms. The primary bedroom includes a walk-in closet with an upgraded organizer and a serene ensuite featuring a custom shower and double vanity. The two additional bedrooms provide ample space, ideal for a growing family or a home office. A conveniently located second-floor laundry room adds extra comfort and ease. The walk-out unfinished basement offers endless possibilities for future development. Thoughtfully designed with luxury and practicality, this home will be crafted with the highest-quality finishes and generous allowances for cabinetry, flooring, and lighting, allowing you to fully customize each detail. Exterior upgrades include black windows and doors, adding a modern touch to this already striking property. The lot also provides convenient rear yard access, with the option to build a detached garage, making it easy to complete your dream property setup. Don’t miss out on this rare gem, offering ocean views and private pond access—an opportunity that doesn’t come along often. 10 Year Atlantic Home Warranty. HST included in list price to be rebated to vendor on close. (id:56688)

Property Details
MLS: 1279515
Listing ID: 27640286
Address: 4 Indian Pond Drive, Conception Bay South, Newfoundland & Labrador, Canada A1X6P4
Status: Active
Last updated: a month ago ( Nov 13, 2024 )
Year Built: 2024
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
View: Ocean view
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 3,195 square feet
Price per sq ft: $226
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
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: 4
Rurl
Coordinates: [47.458711, -53.088344]

Rooms

Second level
Laundry room
Bath (# pieces 1-6)
Bedroom
Bedroom
Ensuite
Primary Bedroom
7x5.3 null
2pc
11x12.7 null
15x12 null
3pc
15x14 null
Main level
Living room/Dining room
Kitchen
Bath (# pieces 1-6)
Foyer
18x24 null
18x12 null
5.2x5.3 null
10x5 null

Basic Calculator



First Mortgage: $575,920

Mortgage insurance premium: $0

Total Financing: $575,920

Rough closing fee (1.5%): ~ $10,799

Total downpayment with estimated closing fee: $154,779

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$3,515$42,180
Gross rental income (income/principal ratio)0.488%5.859%
Mortgage$0$0
Monthly Expenses$900$10,800
Vacancy$176$2,109
Management Fee$282$3,375
Expense / Income Ratio25.60%25.60%
Cash Flow$2,159$25,908
Net Operating Income (NOI)$2,159$25,908
Capitalization Rate0.30%3.60%
Capitalization Rate: 3.60%
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).): $1,028,429