58 Plateau Park
Paradise, NL, A1L2R6
3 Beds | 1 Bath
$299,999
About the property (MLS: 1279804):
Visit REALTOR® website for additional information. Discover this delightful three-bedroom, one-bathroom Cape Cod home nestled in the heart of Paradise. Located in a fantastic neighborhood, this property offers the perfect blend of charm, potential, and outdoor space. Spacious Backyard: Enjoy a large, fully fenced backyard—ideal for entertaining, gardening, or play. Detached Garage & Storage Shed: Plenty of room for vehicles, tools, and more. Timeless Cape Cod Design: A classic layout that’s ready for you to personalize to your taste and style. With its unbeatable location and endless possibilities, this home is perfect for first-time buyers, downsizers, or anyone looking to create their dream space (id:56688)
Property Details
Listing ID: 27667745
Address: 58 Plateau Park, Paradise, Newfoundland & Labrador, Canada A1L2R6
Status: Active
Last updated: 2 months ago ( Nov 21, 2024 )
Year Built: 1985
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile
Living Area Total: 2,088 square feet
Price per sq ft: $144
Tax Annual Amount: $2,786
Tax Year: 2024
Garage? Yes
Attached Garage? No
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: Hardwood, Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 12
Rurl
Coordinates: [47.545713, -52.899666]
Rooms
| Basement | Storage Laundry room Recreation room | 8x13 null 10.3x11.2 null 15x13.5 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4 PC null 11.10x8.9 null 8.6x7.10 null 12.2x22.11 null |
| Main level | Living room Dining room Kitchen | 10.9x22.8 null 10.5x9 null 13.1x9.1 null |
Basic Calculator
First Mortgage: $240,000
Mortgage insurance premium: $0
Total Financing: $240,000
Rough closing fee (1.5%): ~ $4,500
Total downpayment with estimated closing fee: $64,500
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,297 | $27,564 |
| Gross rental income (income/principal ratio) | 0.766% | 9.188% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $115 | $1,379 |
| Management Fee | $184 | $2,206 |
| Expense / Income Ratio | 16.33% | 16.33% |
| Cash Flow | $1,624 | $19,488 |
| Net Operating Income (NOI) | $1,624 | $19,488 |
| Capitalization Rate | 0.54% | 6.50% |
