About the property (MLS: 1282395):
This stunning home in Paradise seamlessly combines functionality and comfort across three thoughtfully designed levels. The layout features multiple living areas, catering to a variety of needs, and hardwood floors and large windows throughout create bright, inviting spaces filled with natural light. The main floor includes a versatile living room—currently utilized as an office—and a dining room complete with a three-sided fireplace. The kitchen is outfitted with modern appliances and sleek white cabinetry, extending into a family room that offers panoramic views of the outdoors and direct access to a spacious rear patio. This level also features a convenient two-piece powder room and a laundry room. Upstairs, you'll find three bedrooms, including a luxurious primary suite with a fabulous ensuite bathroom and a bonus area that opens to a private patio, perfect for a cozy den, office, or workout space. The basement is designed for entertainment, boasting a large recreation room with a bar equipped with a built-in keg cooler and tap system. Additional features include a music/hobby room, a utility room with a sink for added convenience, ample storage, and access to the outdoors through a covered exit. Heating and cooling are efficiently managed by a mini-split system that includes two units on the main floor, one in the basement, and a ceiling cassette on the second floor. The home is also equipped with a new modern electric, five-zone hot water baseboard system, a three sided propane fireplace in the living room, and a pellet stove for additional warmth in the main floor family room. Set on an acre lot, the exterior features mature trees, a fenced rear yard, and a wired and heated 26’x32’ detached garage, enhancing your outdoor living experience. (id:56688)
Property Details
Listing ID: 28014771
Address: 218 Buckingham Drive, Paradise, Newfoundland & Labrador, Canada A1L2J2
Status: Active
Last updated: 4 days ago ( Mar 12, 2025 )
Year Built: 2000
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Hot water radiator heat, Baseboard heaters, Electric
Sewer: Septic tank
Flooring: Mixed Flooring
Fencing: Fence
Living Area Total: 3,810 square feet
Price per sq ft: $179
Tax Annual Amount: $4,606
Tax Year: 2025
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Dishwasher
Foundation Details: Concrete
Heating: Hot water radiator heat, Baseboard heaters, Electric
Flooring: Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 49
Rurl
Coordinates: [47.520363, -52.911341]
Rooms
Other | Not known | Detached 26x32 null |
Basement | Utility room Utility room Hobby room Family room | 10'5x10 null 15'x14'3 null 14'9x11'3 null 26'5x14'7 null |
Second level | Bath (# pieces 1-6) Bedroom Bedroom Den Ensuite Primary Bedroom | 4 Piece null 13'10x10'3 null 13'10x11'2 null 14'8x12' null 4 Piece null 15'4x12' null |
Main level | Laundry room Bath (# pieces 1-6) Porch Family room/Fireplace Kitchen Dining room Living room/Fireplace | Powder null 20'x15'3 null 21'10x12'3 null 13'x11'1 null 15'3x15'3 null |
Basic Calculator
First Mortgage: $543,200
Mortgage insurance premium: $0
Total Financing: $543,200
Rough closing fee (1.5%): ~ $10,185
Total downpayment with estimated closing fee: $145,985
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $4,191 | $50,292 |
Gross rental income (income/principal ratio) | 0.617% | 7.407% |
Mortgage | $0 | $0 |
Monthly Expenses | $849 | $10,188 |
Vacancy | $210 | $2,515 |
Management Fee | $336 | $4,024 |
Expense / Income Ratio | 20.26% | 20.26% |
Cash Flow | $2,798 | $33,576 |
Net Operating Income (NOI) | $2,798 | $33,576 |
Capitalization Rate | 0.41% | 4.94% |