39 Magee Drive
Paradise, NL, A1L0K3
4 Beds | 3 Baths
$379,900
About the property (MLS: 1280195):
Discover the perfect family home at 39 Magee Drive in Paradise, Newfoundland. This inviting 2-storey property is ideally situated within walking distance of a school, playground, and daycare, making it a dream location for families. The upper level features 3 spacious bedrooms, including a large master suite with a walk-in closet and private ensuite. On the main floor, you’ll find a modern kitchen with a breakfast bar, a large open-concept living and dining area perfect for entertaining, and a cozy family room for relaxing evenings. The partially developed basement offers a versatile bonus room, ready to meet your unique needs. Step outside to enjoy the expansive, flat backyard, which backs onto a tranquil greenbelt for added privacy. A small storage shed provides a practical space for outdoor tools and equipment. With its thoughtful design, excellent location, and functional layout, this home at 39 Magee Drive is ready to welcome its next family. Don’t miss out—schedule your viewing today! As per sellers direction, there will be no conveyance of offers prior to January 5th at 2pm. (id:56688)
Property Details
Listing ID: 27760746
Address: 39 Magee Drive, Paradise, Newfoundland & Labrador, Canada A1L0K3
Status: Active
Last updated: 16 days ago ( Jan 2, 2025 )
Year Built: 2010
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,483 square feet
Price per sq ft: $154
Tax Annual Amount: $2,458
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 42
Rurl
Coordinates: [47.539268, -52.90392]
Rooms
| Basement | Not known | 11 x 10.5 null |
| Second level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | full null full null 11 x 12 null 10 x 12 null 12 x 16 null |
| Main level | Bath (# pieces 1-6) Living room Family room Kitchen | Half null 10 x 13 null 12 x 15 null 10 x 12 null |
Basic Calculator
First Mortgage: $303,920
Mortgage insurance premium: $0
Total Financing: $303,920
Rough closing fee (1.5%): ~ $5,699
Total downpayment with estimated closing fee: $81,679
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,732 | $32,784 |
| Gross rental income (income/principal ratio) | 0.719% | 8.630% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $475 | $5,700 |
| Vacancy | $137 | $1,640 |
| Management Fee | $219 | $2,623 |
| Expense / Income Ratio | 17.39% | 17.39% |
| Cash Flow | $1,902 | $22,824 |
| Net Operating Income (NOI) | $1,902 | $22,824 |
| Capitalization Rate | 0.50% | 6.01% |
