76 Trenton Drive
Paradise, NL, A1L4B7
3 Beds | 3 Baths
$399,000
About the property (MLS: 1279837):
Paradise's newest subdivision, Emerald Ridge, is located in the ever popular and sought after Octagon Pond area and is within walking distance to schools, trails and amenities. Sitting on a corner lot with views of Octagon Pond, this contemporary two-storey duplex, 3 bed, 2.5 bath family home has a great open concept main floor layout with formal living room, half bath, kitchen with large island, and dining space with access to the back patio. The primary bedroom is spacious with a walk-in closet and full ensuite, a second full bath, 2 additional bedrooms and 2nd floor laundry. The basement will be wide open for a rec. room, bathroom, and storage spaces. The exterior will have a covered front entry, double paved driveway and front landscaping included. Single head mini split heat pump is included and there will be an 8 year LUX New Home Warranty. Purchase price includes HST with rebate back to the builder. (id:56688)
Property Details
Listing ID: 27671725
Address: 76 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: 2 months ago ( Nov 21, 2024 )
Year Built: 2024
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: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Living Area Total: 1,310 square feet
Price per sq ft: $305
Tax Annual Amount: $0
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Laminate, Carpeted
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.523687, -52.889082]
Rooms
| Second level | Bath (# pieces 1-6) Ensuite Bedroom Bedroom Primary Bedroom | 3pc 3pc 9x8.8 null 14x10.3 null 13.1x11.6 null |
| Main level | Bath (# pieces 1-6) Eating area Kitchen Living room | 2pc 14x7 null 14x11.6 null 14x11.6 null |
Basic Calculator
First Mortgage: $319,200
Mortgage insurance premium: $0
Total Financing: $319,200
Rough closing fee (1.5%): ~ $5,985
Total downpayment with estimated closing fee: $85,785
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,442 | $17,304 |
| Gross rental income (income/principal ratio) | 0.361% | 4.337% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $499 | $5,988 |
| Vacancy | $73 | $866 |
| Management Fee | $116 | $1,385 |
| Expense / Income Ratio | 34.60% | 34.60% |
| Cash Flow | $756 | $9,072 |
| Net Operating Income (NOI) | $756 | $9,072 |
| Capitalization Rate | 0.19% | 2.27% |
