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
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
Investment Calculator:
Monthly | Yearly | |
---|---|---|
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 Ratio | 25.60% | 25.60% |
Cash Flow | $2,159 | $25,908 |
Net Operating Income (NOI) | $2,159 | $25,908 |
Capitalization Rate | 0.30% | 3.60% |