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TelephoneEmail74 Rembrandt Boulevard, Paradise, Newfoundland & Labrador, Canada A1L0W3

74 Rembrandt Boulevard

Paradise, NL, A1L0W3

location

5 Beds | 3 Baths

$539,900

74 Rembrandt Boulevard Paradise Newfoundland & Labrador Canada A1L0W3, for Sale, residential, Haris Barki, Keller Williams Platinum Realty

Presented By

Haris Barki
Haris Barki
REALTOR ®
Keller Williams Platinum Realty
About the property (MLS: 1281921):

Beautiful split entry design with a 2 bedroom basement apartment. The main unit features 3 bedrooms, 2 baths, open concept main floor, rec-room for main unit & in-house garage. The master will feature a walk-in closet & ensuite. The 2 bedroom apartment will have grade level entry for easy accessibility. This is a Great Location in the Adams Pond (Lanark Dr) area and a wonderful area for families with Holy Family Elementary just a minutes drive away. Also, the beautiful Adams Pond walking trail is just a few steps from the front door. (id:56688)

Property Details
MLS: 1281921
Listing ID: 27935143
Address: 74 Rembrandt Boulevard, Paradise, Newfoundland & Labrador, Canada A1L0W3
Status: Active
Last updated: a month ago ( Feb 20, 2025 )
Year Built: 2025
Property Type: Single Family
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 5
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate
Living Area Total: 2,212 square feet
Price per sq ft: $245
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.539294, -52.889166]

Rooms

Lower level
Bath (# pieces 1-6)
Not known
Not known
Living room
Not known
Not known
4pc
9.5 x 8.10 null
11.10 x 9.6 null
12.11 x 8.8 null
12.11 x 10.2 null
17.5 x 17.3 null
Main level
Bath (# pieces 1-6)
Bedroom
Bedroom
Ensuite
Primary Bedroom
Dining room
Kitchen
Living room
4pc
9.11 x 9.11 null
9.11 x 9.11 null
4pc
13.6 x 11.5 null
14.1 x 7.11 null
13.10 x 11 null
14 x 12.4 null

Basic Calculator



First Mortgage: $431,920

Mortgage insurance premium: $0

Total Financing: $431,920

Rough closing fee (1.5%): ~ $8,099

Total downpayment with estimated closing fee: $116,079

0000

Investment Calculator:

MonthlyYearly
Gross Revenue$2,434$29,208
Gross rental income (income/principal ratio)0.451%5.410%
Mortgage$0$0
Monthly Expenses$675$8,100
Vacancy$122$1,461
Management Fee$195$2,337
Expense / Income Ratio27.73%27.73%
Cash Flow$1,443$17,316
Net Operating Income (NOI)$1,443$17,316
Capitalization Rate0.27%3.21%
Capitalization Rate: 3.21%
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).): $771,286