140 Three Island Pond Road
Paradise, NL, A1L2B5
3 Beds | 2 Baths
$879,000
About the property (MLS: 1279569):
Walking up to the door of this exquisite executive home, you'll be captivated by its beautiful exterior and landscaping. Upon entering, you are immediately greeted by stunning Brazilian cherry hardwood flooring that flows throughout the spacious interior, adding a touch of elegance to every room. Large windows illuminate the living spaces, allowing natural light to flood in and create a warm and inviting atmosphere. The living room serves as the heart of the home, featuring a cozy large propane fireplace. The family room, also adorned with a large propane fireplace, provides a lovely space for relaxation and cozy gatherings, perfect for unwinding after a long day. The home is equipped with in floor heating for added comfort during the cooler months. The kitchen is a chef’s dream, boasting high-end Kodiak countertops, custom cabinetry, and a beautiful tray ceiling. The dining area features cathedral ceilings, adding a sense of grandeur and spaciousness, perfect for entertaining family and friends. Convenience is paramount, with a mini-split system ensuring year-round comfort, along with a spacious laundry room. The upstairs loft offers a versatile space for a home office or extra bedroom, catering to your lifestyle needs. The master suite is a true retreat, with generous walk-in closets and a spa-like ensuite bathroom featuring a luxurious walk-in shower. From the master, step out to a private patio, perfect for relaxing in any season. This property is wired for a generator, providing peace of mind, and the irrigation system maintains the lush, vibrant landscaping. Ample parking is available with a large driveway and wired garage. The property also has access to a nearby river that flows into Topsail Pond, offering peaceful surroundings ideal for nature lovers. (id:56688)
Property Details
Listing ID: 27645006
Address: 140 Three Island Pond Road, Paradise, Newfoundland & Labrador, Canada A1L2B5
Status: Active
Last updated: 2 months ago ( Dec 3, 2024 )
Year Built: 2006
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: Propane
Sewer: Septic tank
Flooring: Mixed Flooring
Living Area Total: 3,367 square feet
Price per sq ft: $262
Tax Annual Amount: $5,110
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove, Alarm System, Cooktop, Oven - Built-In
Foundation Details: Concrete Slab, Poured Concrete
Heating: Propane
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Common Interest: Freehold
Number of photos available: 44
Rurl
Coordinates: [47.515161, -52.897249]
Rooms
| Main level | Bath (# pieces 1-6) Ensuite Family room Kitchen Dining room Living room Bedroom Bedroom Primary Bedroom Foyer | 9.10x9.11 null 18.1x10 null 24.7x19.11 null 14x13.8 null 14x16.6 null 14.10x19 null 14x15.4 null 14.2x11.2 null 15.2x23 null 15.1x12.5 null |
| Other | Not known | 24.7x12 null |
Basic Calculator
First Mortgage: $703,200
Mortgage insurance premium: $0
Total Financing: $703,200
Rough closing fee (1.5%): ~ $13,185
Total downpayment with estimated closing fee: $188,985
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,704 | $44,448 |
| Gross rental income (income/principal ratio) | 0.421% | 5.057% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,099 | $13,188 |
| Vacancy | $186 | $2,223 |
| Management Fee | $297 | $3,556 |
| Expense / Income Ratio | 29.67% | 29.67% |
| Cash Flow | $2,124 | $25,488 |
| Net Operating Income (NOI) | $2,124 | $25,488 |
| Capitalization Rate | 0.24% | 2.90% |
