42 Carol Crescent
Paradise, NL, A1L4K1
3 Beds | 3 Baths
$384,900
About the property (MLS: 1281901):
Welcome to this beautiful duplex on Carol Crescent in Paradise, Newfoundland, crafted by Hyde Park Homes and designed by our expert interior designer Violet Lily Design. Offering affordable living without compromising on style, this home features an open-concept layout with modern finishes, and abundant natural light. Our interior design packages, with pre-selected flooring, cabinets, and lighting, ensure that your dream home stays within budget while still providing a sophisticated and polished look. The spacious primary bedroom includes a large walk-in closet, and ensuite, while a convenient second-floor laundry adds ease and functionality to your daily routine. Enjoy a private backyard, ample parking, and a location just minutes from schools, parks, and shopping. Experience the perfect blend of affordability and luxury living in the beautiful Town of Paradise. Please note mood boards and renderings shown in the listing photos are for visual purposes only. Final finishes and selections may vary. HST included in list price to be rebated to vendor on closing. (id:56688)
Property Details
Listing ID: 27933292
Address: 42 Carol Crescent, Paradise, Newfoundland & Labrador, Canada A1L4K1
Status: Active
Last updated: 24 days ago ( Feb 20, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other, Ceramic Tile
Living Area Total: 1,320 square feet
Price per sq ft: $292
Tax Annual Amount: $0
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 17
Rurl
Coordinates: [47.552294, -52.886263]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Other Ensuite Primary Bedroom | 4pc 10.1x8.8 null 9.5x9.7 null 5.10x7.5 null 3pc 11.6x10.5 null |
| Main level | Bath (# pieces 1-6) Kitchen Dining room Living room Porch | 2pc 14.4x13 null 13x6 null 11.10x11.8 null 7.5x7.5 null |
Basic Calculator
First Mortgage: $307,920
Mortgage insurance premium: $0
Total Financing: $307,920
Rough closing fee (1.5%): ~ $5,774
Total downpayment with estimated closing fee: $82,754
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,453 | $17,436 |
| Gross rental income (income/principal ratio) | 0.378% | 4.530% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $482 | $5,784 |
| Vacancy | $73 | $872 |
| Management Fee | $117 | $1,395 |
| Expense / Income Ratio | 33.17% | 33.17% |
| Cash Flow | $783 | $9,396 |
| Net Operating Income (NOI) | $783 | $9,396 |
| Capitalization Rate | 0.20% | 2.44% |
