22 Cormorant Place
Paradise, NL, A1L3Y9
2 Beds | 2 Baths
$299,900
About the property (MLS: 1281249):
Discover your dream home in Paradise, Newfoundland! This delightful 2-bedroom, 1.5-bathroom semi-detached bungalow offers over 1,000 square feet of comfortable living space. Built in 2008, this charming home is nestled in a quiet cul-de-sac, providing peace and tranquility while being just a stone's throw away from essential amenities such as grocery stores, convenience stores, animal hospitals, daycares, schools and more. Listed at an attractive $299,900, this property boasts a practical slab-on-grade design, making it perfect for those with mobility needs, as most doors are a generous 36 inches wide. Enjoy the privacy of a fenced backyard complete with a convenient deck for entertaining or relaxing. Additional storage is available in the 16ft x 7ft shed, and parking is a breeze with a double paved driveway. Don't miss the opportunity to make this beautiful home your own! As shown on seller's direction there will be no conveyance of any offers prior to 3:00pm on Thursday, all offers are to be left open for acceptance until 7:00pm on Thursday. (id:56688)
Property Details
Listing ID: 27937700
Address: 22 Cormorant Place, Paradise, Newfoundland & Labrador, Canada A1L3Y9
Status: Active
Last updated: 24 days ago ( Feb 21, 2025 )
Year Built: 2008
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Other
Living Area Total: 1,130 square feet
Price per sq ft: $266
Tax Annual Amount: $2,044
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Water Source: Municipal water
Foundation Details: Concrete Slab, Concrete
Heating: Baseboard heaters, Electric
Flooring: Laminate, Other
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 32
Rurl
Coordinates: [47.530868, -52.853358]
Rooms
| Main level | Storage Bath (# pieces 1-6) Ensuite Bedroom Primary Bedroom Laundry room Kitchen Living room Porch | 5.56 x 5.9 null 8.1 x 5.43 null 3.63 x 6.32 null 12.1 x 12.95 null 10.95 x 9.84 null 5.6 x 8.08 null 15.59 x 13.65 null 15.59 x 13.65 null 5.89 x 6.26 null |
Basic Calculator
First Mortgage: $239,920
Mortgage insurance premium: $0
Total Financing: $239,920
Rough closing fee (1.5%): ~ $4,499
Total downpayment with estimated closing fee: $64,479
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,243 | $14,916 |
| Gross rental income (income/principal ratio) | 0.414% | 4.974% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $375 | $4,500 |
| Vacancy | $63 | $746 |
| Management Fee | $100 | $1,194 |
| Expense / Income Ratio | 30.17% | 30.17% |
| Cash Flow | $707 | $8,484 |
| Net Operating Income (NOI) | $707 | $8,484 |
| Capitalization Rate | 0.24% | 2.83% |
