14 Carol Crescent
Paradise, NL, A1L4K1
4 Beds | 4 Baths
$479,900
About the property (MLS: 1279655):
This beautiful, modern duplex in Jonathan Park, Paradise, offers exceptional features and a well-designed layout ideal for families and those seeking rental income. With 2520 sq. ft. of total living space including the 730 sq. ft. one-bedroom apartment on the lower level, this home provides plenty of flexibility and value. Built by Hann Construction Ltd, an award-winning builder, the house is crafted with high-quality materials and energy-efficient design to ensure durability and comfort. Features include three bedrooms for the main plus 2.5 bathrooms. Ample living space for family living with a bright open-concept design featuring a living room, dining room, and gorgeous kitchen with a walk-in pantry and center island with seating. To complete this floor is an additional half bathroom for convenience. Upstairs contains large bedrooms, with the primary bedroom oasis consisting of a walk-in closet and ensuite bathroom; you also have a 2nd-floor laundry and a large main bathroom. The lower level has a rec room/storage for the primary unit. The apartment has a bright, spacious, open-concept design, covered entrance, laundry, and bonus storage room. Complete landscaping front and back, including a paved driveway, patio deck, and town views! Each unit will feature its own Mini-Split Heatpump for cost savings. You still have time to choose your own personal colors and design finishes. 10-Year Atlantic Home Warranty. HST rebate to the builder. All measurements are from building plans and should be verified by the buyer. (id:56688)
Property Details
Listing ID: 27650964
Address: 14 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K1
Status: Active
Last updated: a month ago ( Nov 14, 2024 )
Year Built: 2025
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,520 square feet
Price per sq ft: $191
Tax Annual Amount: $0
Tax Year: 2024
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.550979, -52.88742]
Rooms
| Lower level | Recreation room Storage Laundry room Bath (# pieces 1-6) Bedroom Not known Not known Porch | 7.5 x 10.10 null 5.5 x 8.10 null n/a null 9.1 x 5.2 null 10.10 x 10.4 null 11.8 x 11.0 null 11.8 x 13.8 null 4.8 x 10 null |
| Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 5.5 x 3.6 null 9.0 x 10.8 null 9.9 x 11.7 null 10.0 x 12.0 null 7.1 x 7.0 null 12.8 x 15.0 null |
| Main level | Bath (# pieces 1-6) Not known Kitchen Dining room Living room Porch | 5.9 x 5.0 null 5.1 x 5.10 null 14.8 x 15.0 null 14.0 x 9.6 null 14.2 x 14.6 null 7.3 x 7.0 null |
Basic Calculator
First Mortgage: $383,920
Mortgage insurance premium: $0
Total Financing: $383,920
Rough closing fee (1.5%): ~ $7,199
Total downpayment with estimated closing fee: $103,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,772 | $33,264 |
| Gross rental income (income/principal ratio) | 0.578% | 6.931% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $600 | $7,200 |
| Vacancy | $139 | $1,664 |
| Management Fee | $222 | $2,662 |
| Expense / Income Ratio | 21.65% | 21.65% |
| Cash Flow | $1,812 | $21,744 |
| Net Operating Income (NOI) | $1,812 | $21,744 |
| Capitalization Rate | 0.38% | 4.53% |
