56 Trenton Drive
Paradise, NL, A1L4B7
3 Beds | 3 Baths
$409,900
About the property (MLS: 1280375):
Welcome to Emerald Ridge….Construction is set to begin on this beautiful 3 Bedroom 2.5 Bathroom Duplex with in house Garage….Main Floor offers a large kitchen with center island, large living room, dining area for those family gatherings, Walk in Pantry, half bath, crown mouldings and an abundance of pot lights. The second floor offers a large master bedroom with ensuite and walk in closet plus 2 other large bedrooms. The basement offers plenty of room for future family room or theatre room. Outside offers dark siding, paved driveway, full landscaping, front & back eavestrough plus 8 Year New Home Warranty (id:56688)
Property Details
Listing ID: 27740365
Address: 56 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: a month ago ( Dec 16, 2024 )
Year Built: 2025
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,258 square feet
Price per sq ft: $182
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: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.523733, -52.889429]
Rooms
| Second level | Laundry room Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom Bedroom | 5.5 x 3.4 null 5.5 x 7.6 null 8.0 x 8.2 null 12.6 x 14.0 null 9.6 x 12.0 null 10.6 x 12.0 null |
| Basement | Family room Not known | 14.0 x 20.0 null 10.10 x 22.2 null |
| Main level | Bath (# pieces 1-6) Dining room Kitchen Living room | 5.4 x 4.0 null 9.0 x 13.0 null 10.0 x 13.0 null 11.8 x 18.0 null |
Basic Calculator
First Mortgage: $327,920
Mortgage insurance premium: $0
Total Financing: $327,920
Rough closing fee (1.5%): ~ $6,149
Total downpayment with estimated closing fee: $88,129
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,484 | $29,808 |
| Gross rental income (income/principal ratio) | 0.606% | 7.272% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $513 | $6,156 |
| Vacancy | $125 | $1,491 |
| Management Fee | $199 | $2,385 |
| Expense / Income Ratio | 20.65% | 20.65% |
| Cash Flow | $1,649 | $19,788 |
| Net Operating Income (NOI) | $1,649 | $19,788 |
| Capitalization Rate | 0.40% | 4.83% |
