About the property (MLS: 1279519):
Beautiful 6 Bedroom, Registered 2 Apt home located in Paradise. This home sits on a fully fenced greenbelt lot with a divided yard space for both owner and tenants. This wonderful home offers a 3 bedroom fully above ground walk in apt. The finishes in the apt match the finishes on the main level. Both units are 3 bedroom with 2 full baths and both have 3 piece ensuites. Both units also are open concept and offer most appliances including dish washers in both units and corner pantry’s. The home owner lives in the basement unit and the tenants live upstairs. Tenants upstairs would like to stay. Lease in place until June 2025. Note Washer/Dryer in lower unit not to remain. Low heating cost for both units. 4 car parking. Offer presentation is Sat Nov 16th at 12pm. Please leave offers open till 3pm. (id:56688)
Property Details
Listing ID: 27645374
Address: 82 Seascape Drive, Paradise, Newfoundland & Labrador, Canada A1L0Z3
Status: Active
Last updated: a month ago ( Nov 13, 2024 )
Year Built: 2015
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 6
Baths: 4
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 2,436 square feet
Price per sq ft: $206
Tax Annual Amount: $2,860
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 48
Rurl
Coordinates: [47.554465, -52.90105]
Rooms
Basement | Storage Laundry room | 14.7x6.11 null 9.8x8.5 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Living room Not known Foyer | 7.11x6.4 null 12.4x9.8 null 12.4x10.6 null 7.11x5.5 null 13.1x12 null 11.10x11.7 null 20.7x18.10 null 9.8x4.9 null |
Lower level | Not known Bath (# pieces 1-6) Not known Not known Ensuite Not known Not known Not known Foyer | 9.6x3.8 null 7.6x6.2 null 12.2x8.3 null 13x10.4 null 5.8x5.1 null 12.9x12.2 null 16.10x12 null 16x12 null 7.11x4.5 null |
Basic Calculator
First Mortgage: $399,920
Mortgage insurance premium: $0
Total Financing: $399,920
Rough closing fee (1.5%): ~ $7,499
Total downpayment with estimated closing fee: $107,479
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $2,680 | $32,160 |
Gross rental income (income/principal ratio) | 0.536% | 6.433% |
Mortgage | $0 | $0 |
Monthly Expenses | $625 | $7,500 |
Vacancy | $134 | $1,608 |
Management Fee | $215 | $2,573 |
Expense / Income Ratio | 23.32% | 23.32% |
Cash Flow | $1,707 | $20,484 |
Net Operating Income (NOI) | $1,707 | $20,484 |
Capitalization Rate | 0.34% | 4.10% |