20 Jonathan Drive
Paradise, NL, A1L4J3
4 Beds | 3 Baths
$450,000
About the property (MLS: 1279613):
You’ll find quality construction by award winning MacIntyre Homes in this lovely 4 bedroom Split Entry home in beautiful Jonathan Park. You won’t be disappointed in this very functional open floor plan. Kitchen has a large bright eating area with centre island Large living room . Master ensuite with a bonus bedroom in the basement for guests Spring 2025 for possession. HST included. (id:56688)
Property Details
MLS: 1279613
Listing ID: 27659900
Address: 20 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1L4J3
Status: Active
Last updated: a month ago ( Dec 17, 2024 )
Year Built: 2025
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 1,896 square feet
Price per sq ft: $238
Tax Annual Amount: $3,500
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.551873, -52.887183]
Listing ID: 27659900
Address: 20 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1L4J3
Status: Active
Last updated: a month ago ( Dec 17, 2024 )
Year Built: 2025
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 1,896 square feet
Price per sq ft: $238
Tax Annual Amount: $3,500
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.551873, -52.887183]
Rooms
| Basement | Not known Storage Storage Utility room Bath (# pieces 1-6) Laundry room Recreation room Bedroom | 18.7 x 18.10 null 18.10 x 23 null 6.5 x 7.5 null 9.4 x 18.10 null 2 pc 6.6 x 4.7 null 10.0 x 18.10 null 8.7 x 12.2 null |
| Main level | Porch Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom Kitchen Dining room Living room | 5.11 x 7.2 null 4 pc 3 pc 9.5 x 10.6 null 9.7 x 10.6 null 12.10 x 13.0 null 11.0 x 16.4 null 12.2 x 10.2 null 12.2 x 20.8 null |
Basic Calculator
First Mortgage: $360,000
Mortgage insurance premium: $0
Total Financing: $360,000
Rough closing fee (1.5%): ~ $6,750
Total downpayment with estimated closing fee: $96,750
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,086 | $25,032 |
| Gross rental income (income/principal ratio) | 0.464% | 5.563% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $563 | $6,756 |
| Vacancy | $105 | $1,252 |
| Management Fee | $167 | $2,003 |
| Expense / Income Ratio | 26.99% | 26.99% |
| Cash Flow | $1,252 | $15,024 |
| Net Operating Income (NOI) | $1,252 | $15,024 |
| Capitalization Rate | 0.28% | 3.34% |
Capitalization Rate: 3.34%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $642,858
