About the property (MLS: 1282122):
SPECTACULAR PROPERTY IN PARADISE! Situated on an oversized, cul-de-sac, professionally manicured lot, this executive 5-bedroom home is sure to impress the most discerning buyer! Fully redeveloped in 2017 with no expense spared, the quality & craftsmanship, luxurious appointments, designer finishes & attention to detail is second to none. The ideal entertaining home, the main floor features a family room with floor to ceiling stone propane fireplace, dining area & gourmet kitchen. The outstanding kitchen is finished with solid surface countertops, massive sit up island, custom tiled back splash, professional grade stainless steel appliances, ceiling height cabinetry, corner fireplace, & dining nook with window seat & provides direct access to the rear patio, overlooking the in-ground pool & gardens. The upstairs is equally as exceptional boasting five generous sized bedrooms (2 with an adjoining full bathroom), second separate family bathroom & laundry room. The primary bedroom is a true retreat featuring floor to ceiling windows, private terrace with sitting area & hot tub, gym space & immaculate spa-inspired ensuite with free standing soaker tub & dual headed shower. Fully developed basement has home theatre with wet bar area & propane fireplace, sauna & bathroom. Striking landscaped grounds with in-ground pool (with deep end), pool house, heated walkway, custom outdoor waterfall & custom outdoor stone fireplace. Finished with all the extras including; geothermal heating, in-floor heating throughout, surround sound system, sprinkler system, full 16 camera security system, 400AMP underground service, massive ~8-car garage & ample 10+ car parking, just to name a few. A must see!! (id:56688)
Property Details
Listing ID: 27970730
Address: 41 Pinehill Place, Paradise, Newfoundland & Labrador, Canada A1L1Y3
Status: Active
Last updated: 14 days ago ( Mar 3, 2025 )
Year Built: 2017
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 5
Baths: 5
1/2 Baths: 2
Heating: Electric, Propane
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 5,125 square feet
Price per sq ft: $244
Tax Annual Amount: $5,830
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? Yes
Pool Features: Inground pool
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric, Propane
Flooring: Hardwood, Mixed Flooring
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 45
Rurl
Coordinates: [47.53303, -52.896877]
Rooms
Basement | Bath (# pieces 1-6) Storage Other Recreation room | 2pc 12.0x8.6 null 8.6x11.6 Bar null 15.3x24.4 null |
Second level | Laundry room Bath (# pieces 1-6) Bedroom Bedroom Bath (# pieces 1-6) Bedroom Bedroom Ensuite Storage Storage Primary Bedroom | 9.0x10.6 null 10.0x10.6 null 17.5x10.7 null 13.6x10.6 null 10.0x14.6 4pc 13.6x14.6 null 19.6x14.6 null 24.0x13.0 null 5.0x14.0 WIC null 15.0x7.6 WIC null 24.5x35.0 null |
Main level | Bath (# pieces 1-6) Mud room Kitchen Living room Foyer | 2pc 5.6x18.6 null 24.6x25.5 null 14.7x18.2 null 9.0x10.4 null |
Basic Calculator
First Mortgage: $999,200
Mortgage insurance premium: $0
Total Financing: $999,200
Rough closing fee (1.5%): ~ $18,735
Total downpayment with estimated closing fee: $268,535
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $5,638 | $67,656 |
Gross rental income (income/principal ratio) | 0.451% | 5.417% |
Mortgage | $0 | $0 |
Monthly Expenses | $1,562 | $18,744 |
Vacancy | $282 | $3,383 |
Management Fee | $452 | $5,413 |
Expense / Income Ratio | 27.70% | 27.70% |
Cash Flow | $3,344 | $40,128 |
Net Operating Income (NOI) | $3,344 | $40,128 |
Capitalization Rate | 0.27% | 3.21% |