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TelephoneEmail17 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1L4K3

17 Jonathan Drive

Paradise, NL, A1L4K3

location

3 Beds | 3 Baths

$446,500

17 Jonathan Drive Paradise Newfoundland & Labrador Canada A1L4K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
17 Jonathan Drive Paradise Newfoundland & Labrador Canada A1L4K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
17 Jonathan Drive Paradise Newfoundland & Labrador Canada A1L4K3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty
17 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: 1280671):

Welcome to Jonathan Park, brand new subdivision in Paradise! The Traverse, an Edwards Developing built home, is approved for building and ready to add your design. This home will sit on an oversized lot gaining rear yard access to your greenbelt backyard, and a walk out basement. It has an open concept living, dining & kitchen design. This kitchen has an island and pantry. On the 2nd floor you will find the primary bedroom with en-suite, tiled shower and walk in closet. Plus two good size bedrooms with a main bathroom and laundry. Landscaping, double paved driveway, 10x12 rear deck are included. As well, we have the option of a complimentary interior design consultation to help you make this house your HOME. ** Any drawings are Artist Concept, actual house may not be exactly as shown. ** HST included in list price to be rebated to vendor on closing. ** Property taxes are estimated. (id:56688)

Property Details
MLS: 1280671
Listing ID: 27774621
Address: 17 Jonathan Drive, Paradise, Newfoundland & Labrador, Canada A1L4K3
Status: Active
Last updated: 7 days ago ( Jan 7, 2025 )
Year Built: 2025
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: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,169 square feet
Price per sq ft: $206
Tax Annual Amount: $3,305
Tax Year: 2024
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
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 4
Rurl
Coordinates: [47.551895, -52.888098]

Rooms

Second level
Ensuite
Bath (# pieces 1-6)
Bedroom
Bedroom
Primary Bedroom
3pc
4PC null
11X10.1 null
9X9 null
14X11 null
Main level
Bath (# pieces 1-6)
Dining nook
Kitchen
Living room
2pc
11X10.1 null
13.2X13.6 null
14X14 null

Basic Calculator



First Mortgage: $357,200

Mortgage insurance premium: $0

Total Financing: $357,200

Rough closing fee (1.5%): ~ $6,698

Total downpayment with estimated closing fee: $95,998

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,386$28,632
Gross rental income (income/principal ratio)0.534%6.413%
Mortgage$0$0
Monthly Expenses$559$6,708
Vacancy$120$1,432
Management Fee$191$2,291
Expense / Income Ratio23.43%23.43%
Cash Flow$1,517$18,204
Net Operating Income (NOI)$1,517$18,204
Capitalization Rate0.34%4.08%
Capitalization Rate: 4.08%
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).): $637,858