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TelephoneEmail24 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1L4K3

24 Jonathan Drive

Paradise, NL, A1L4K3

location

2 Beds | 2 Baths

$399,900

24 Jonathan Drive Paradise Newfoundland & Labrador Canada A1L4K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1279827):

Look at this lovely home to be built in the Jonathan Park subdivision in Paradise. Constructed by award winning MacIntyre Homes with almost two decades of hands-on building and a keen eye to detail, this family home with attached garage features open concept main floor living and dining areas, kitchen with walk-in pantry, and 3pc bathroom. There are 2 bedrooms including primary with 3pc ensuite and large closet, along with main bathroom and main floor laundry. Quality finishes and generous allowances, including allowances for landscaping and paved double driveway, are included. This home is backed by Atlantic Home warranty. Jonathan Park is bustling with activity and you can be part of this growing area, located just a short distance from schools, shopping centers, and all that Paradise has to offer, making it an ideal choice for families and professionals alike. *** Rendering is for illustration purposes and exterior finishes will not be exactly as shown *** (id:56688)

Property Details
MLS: 1279827
Listing ID: 27675416
Address: 24 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1L4K3
Status: Active
Last updated: 2 months ago ( Nov 27, 2024 )
Year Built: 2024
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,790 square feet
Price per sq ft: $224
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.552087, -52.887071]

Rooms

Main level
Primary Bedroom
Bath (# pieces 1-6)
Kitchen
Dining room
Bedroom
Living room
12 X 12 null
3 pc
9 X 9 null
9.5 X 10.6 null
9.4 X 10 null
18.7 X 13.6 null

Basic Calculator



First Mortgage: $319,920

Mortgage insurance premium: $0

Total Financing: $319,920

Rough closing fee (1.5%): ~ $5,999

Total downpayment with estimated closing fee: $85,979

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$1,970$23,640
Gross rental income (income/principal ratio)0.493%5.911%
Mortgage$0$0
Monthly Expenses$500$6,000
Vacancy$99$1,182
Management Fee$158$1,892
Expense / Income Ratio25.38%25.38%
Cash Flow$1,214$14,568
Net Operating Income (NOI)$1,214$14,568
Capitalization Rate0.30%3.64%
Capitalization Rate: 3.64%
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).): $571,286