12 Carol Crescent
Paradise, NL, A1L4K1
4 Beds | 4 Baths
$479,900
About the property (MLS: 1279652):
This modern 2-apartment duplex in Jonathan Park, Paradise, offers 2520 sq. ft. of living space, including the 730 sq. ft. one-bedroom apartment. Built by Hann Construction Ltd with 3 bedrooms plus 2.5 bathrooms, an open-concept design featuring a living room and a dining area. A custom kitchen, walk-in pantry, center island seating, and a 1/2 bath. The primary bedroom upstairs has a walk-in closet, an ensuite, and 2nd-floor laundry. The lower level has a rec-room/storage for the primary unit. The apartment has a bright, spacious, open-concept design, with a covered entrance, laundry, and bonus storage room. Completed with full landscaping, paved driveway, and patio deck. Buyers can choose colors and design finishes. Backed by a 10-Year Atlantic Home Warranty. Please note mood boards and renderings shown in the listing photos are for visual purposes only. Final finishes and selections may vary. HST is included in the list price to be rebated to the vendor on closing. All measurements are from building plans and should be verified by the buyer. (id:56688)
Property Details
Listing ID: 27650965
Address: 12 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K1
Status: Active
Last updated: 2 days ago ( Mar 13, 2025 )
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
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.550955, -52.887561]
Rooms
| Lower level | Not known Not known Bath (# pieces 1-6) Not known Not known Not known Porch Storage | 5.5 x 8.10 null N/A null 9.1 x 5.2 null 10.0 x 10.4 null 11.8 x 11.0 null 11.8 x 13.8 null 4.8 x 10.0 null 7.5 x 10.10 null |
| Second level | Bedroom Bedroom Laundry room Bath (# pieces 1-6) Ensuite Primary Bedroom | 9.9 x 11.7 null 10.0x 12.0 null 5.6 x 3.6 null 10.9 x 10.8 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% |
