52 Tyrell Drive
Paradise, NL, A1L3Y8
6 Beds | 3 Baths
$449,900
About the property (MLS: 1281274):
Amazing investment opportunity or family home! This 2 apartment home is situated on an oversized lot with drive in access in a sought after area of Paradise. Pride of ownership is evident throughout this home. The main unit is bright and spacious and has an open concept layout. There are 3 bedrooms including the primary which had a 3 piece ensuite and walk in closet. The main bathroom has recently been renovated as well as new tiles in front porch. Mini split added in recent years. There is a small rec room downstairs or can also be used for storage. The 3 bedroom basement apartment is a rare find! Open concept living and kitchen area, bathroom with jetted tub as well as a stand up shower, and separate laundry. The backyard is fully fenced and has a shed with overhead door. This extra wide lot allows for plenty of parking and drive in access to the back. There is a playground down the street and located just minutes from schools and shopping. This is a unique 2 apartment home that truly has it all! As per sellers directive, no conveyance of offer prior to January 31 at 12Pm. Offers to be left open until 3PM. (id:56688)
Property Details
Listing ID: 27846240
Address: 52 Tyrell Drive, Paradise, Newfoundland & Labrador, Canada A1L3Y8
Status: Active
Last updated: 17 days ago ( Jan 27, 2025 )
Year Built: 2006
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: Two Apartment House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 6
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Fencing: Fence
Living Area Total: 2,500 square feet
Price per sq ft: $180
Tax Annual Amount: $2,850
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Mixed Flooring
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.542645, -52.900972]
Rooms
| Basement | Bath (# pieces 1-6) Bedroom Bedroom Bedroom Living room Kitchen | 4 pcs 10 x 9 null 11 x 9 null 11 x 11 null 17 x 12 null 17 x 12 null |
| Main level | Recreation room Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Kitchen Living room | 10 x 8 null 4 pcs 10 x 9 null 10 x 10 null 3 pcs 10 x 14 null 17 x 12 null 18 x 12 null |
Basic Calculator
First Mortgage: $359,920
Mortgage insurance premium: $0
Total Financing: $359,920
Rough closing fee (1.5%): ~ $6,749
Total downpayment with estimated closing fee: $96,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,750 | $33,000 |
| Gross rental income (income/principal ratio) | 0.611% | 7.335% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $563 | $6,756 |
| Vacancy | $138 | $1,650 |
| Management Fee | $220 | $2,640 |
| Expense / Income Ratio | 20.47% | 20.47% |
| Cash Flow | $1,830 | $21,960 |
| Net Operating Income (NOI) | $1,830 | $21,960 |
| Capitalization Rate | 0.41% | 4.88% |
