60 Seascape Drive
Paradise, NL, A1L0Z3
5 Beds | 3 Baths
$399,900
About the property (MLS: 1279972):
Looking for a fantastic, spacious 2-apartment nestled in beautiful Paradise Ridge? You've found it! This home is only 11 years old and features 9ft ceilings and backs onto a greenbelt! The main floor boasts a large open concept design with a kitchen that has ample cupboard space and an oversized island and of course patio access off your dining area. The primary suite has both a large walk-in closet and a large ensuite. There are two nice size secondary bedrooms and your main both on this floor. As you enter the basement portion of the main unit, you're greeted by a large rec room (featuring pot lights) and a spacious storage/utility room at the back as well. The basement apartment also has an open concept design along with two large bedrooms and a full spacious bathroom and its own laundry. The backyard is fully fenced and offers privacy - this home is a MUST SEE! As per seller direction there will be no conveyance of offers before 2pm Sunday December 1st (id:56688)
Property Details
Listing ID: 27688599
Address: 60 Seascape Drive, Paradise, Newfoundland & Labrador, Canada A1L0Z3
Status: Active
Last updated: 13 days ago ( Nov 29, 2024 )
Year Built: 2013
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 2,600 square feet
Price per sq ft: $154
Tax Annual Amount: $2,781
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Heating: Electric
Flooring: Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 29
Rurl
Coordinates: [47.555328, -52.898699]
Rooms
| Basement | Not known Not known Not known Dining nook Not known | 11.8 x 9.4 null 15.20 x 12.2 null 13 x 13.8 null 13.8 x 12.6 null 14.8 x 20 null |
| Main level | Bedroom Bedroom Primary Bedroom Living room Not known | 10 x 10 null 11 x 10 null 12.5 x 14 null 15 x 12 null 13 x 24 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
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,861 | $34,332 |
| Gross rental income (income/principal ratio) | 0.715% | 8.585% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $144 | $1,717 |
| Management Fee | $229 | $2,747 |
| Expense / Income Ratio | 17.48% | 17.48% |
| Cash Flow | $1,990 | $23,880 |
| Net Operating Income (NOI) | $1,990 | $23,880 |
| Capitalization Rate | 0.50% | 5.97% |
