142 Paradise Road
Paradise, NL, A1L3W2
4 Beds | 4 Baths
$350,000
About the property (MLS: 1283314):
Welcome to 142 Paradise Road – a beautifully maintained and spacious family home located in the heart of Paradise, just minutes from schools, shopping, and scenic walking trails. This impressive property offers a warm and inviting layout with plenty of room for the whole family. The main floor features a bright, open-concept living and dining area with large windows, rich hardwood floors, and an eat in kitchen backing on large sliding patio doors which opens to a very spacious backyard great for family time or entertaining. Upstairs, you’ll find generously sized bedrooms, including a spacious primary suite with a walk-in closet and ensuite bath. The fully developed basement offers even more living space, ideal for a rec room, home gym, or guest suite. But the true highlight of this home is the incredible private spa room — featuring a luxurious multi-person jacuzzi, a relaxing sauna, and stand-up shower. Perfect for unwinding after a long day or entertaining guests in style, this unique addition sets this home apart from the rest. The property is complete with a landscaped yard, multi-car driveway, and rear yard access for additional parking or storage. Don’t miss your chance to own this one-of-a-kind home in one of Paradise’s most sought-after locations. Home is being sold as is. Schedule your private viewing today! (id:56688)
Property Details
Listing ID: 28122643
Address: 142 Paradise Road, Paradise, Newfoundland & Labrador, Canada A1L3W2
Status: Active
Last updated: 2 months ago ( Apr 4, 2025 )
Year Built: 1990
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 4
1/2 Baths: 2
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate
Fencing: Fence
Living Area Total: 3,382 square feet
Price per sq ft: $104
Tax Annual Amount: $2,444
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Whirlpool, Dishwasher, Stove, Dryer
Water Source: Municipal water
Heating: Electric
Flooring: Hardwood, Laminate
Fireplace Features: Wood, Woodstove
Exterior Features: Brick, Vinyl siding
Common Interest: Freehold
Number of photos available: 28
Rurl
Coordinates: [47.53938, -52.872963]
Rooms
| Basement | Recreation room | 24'6 x 10 null |
| Second level | Primary Bedroom Bedroom Bedroom | 23 x 12 null 14'8 x 14'6 null 12 x11 null |
| Lower level | Not known Laundry room Family room | 19 x 18 null 12 x 6'4 null 24'6 x 10 null |
| Main level | Eating area Kitchen Living room/Fireplace Foyer | 12 x 7-6 null 10'3 x 10'8 null 23 x 13 null 6 x 12 null |
Basic Calculator
First Mortgage: $280,000
Mortgage insurance premium: $0
Total Financing: $280,000
Rough closing fee (1.5%): ~ $5,250
Total downpayment with estimated closing fee: $75,250
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,721 | $44,652 |
| Gross rental income (income/principal ratio) | 1.063% | 12.758% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $187 | $2,233 |
| Management Fee | $298 | $3,573 |
| Expense / Income Ratio | 11.77% | 11.77% |
| Cash Flow | $2,800 | $33,600 |
| Net Operating Income (NOI) | $2,800 | $33,600 |
| Capitalization Rate | 0.80% | 9.60% |
