44 Phoenix Drive
Paradise, NL, A1L4H8
3 Beds | 3 Baths
$444,900
About the property (MLS: 1282856):
Welcome to 44 Phoenix Drive, a beautiful 2-story home in great up neighbourhood, and a view of Bell Island. The main floor features an inviting open-concept layout, where a stunning kitchen with a large island and walk-in pantry flows seamlessly into the dining and living areas—ideal for both everyday living and entertaining. Main floor laundry and a powder room. Upstairs, the primary suite has a full ensuite and walk-in closet. Two additional spacious bedrooms and another full bath provide comfort and versatility for family, guests, or a home office. A mini-split heat pump will be installed, ensuring energy-efficient climate control year-round. The undeveloped basement offers endless future possibilities to suit your needs - whether it's a rec room, home gym, extra bedroom, or storage. This home is close to amenities, including schools, daycare, grocery stores, a liquor store, retail plazas, a recreation centre, scenic walking trails, and more! Includes front landscaping, a front and back patio, and a double-paved driveway. (id:56688)
Property Details
Listing ID: 28121571
Address: 44 Phoenix Drive, Paradise, Newfoundland & Labrador, Canada A1L4H8
Status: Active
Last updated: a month ago ( Apr 14, 2025 )
Year Built: 2025
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: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,250 square feet
Price per sq ft: $198
Tax Annual Amount: $3,292
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 7
Rurl
Coordinates: [47.55166, -52.894072]
Rooms
| Main level | Not known Bath (# pieces 1-6) Dining room Kitchen Family room | 5'5"" x 5'9"" null 1/2 null 8'6"" x 12'11"" null 12'4"" x 13'6"" null 13'1"" x 14'7"" null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | Full null 8'9"" x 10""0"" null 9'5"" x 10'0"" null Full null 13'2"" x 12'1"" null |
Basic Calculator
First Mortgage: $355,920
Mortgage insurance premium: $0
Total Financing: $355,920
Rough closing fee (1.5%): ~ $6,674
Total downpayment with estimated closing fee: $95,654
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,475 | $29,700 |
| Gross rental income (income/principal ratio) | 0.556% | 6.676% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $557 | $6,684 |
| Vacancy | $124 | $1,485 |
| Management Fee | $198 | $2,376 |
| Expense / Income Ratio | 22.51% | 22.51% |
| Cash Flow | $1,597 | $19,164 |
| Net Operating Income (NOI) | $1,597 | $19,164 |
| Capitalization Rate | 0.36% | 4.31% |
