79 Trenton Drive
Paradise, NL, A1L4B7
4 Beds | 4 Baths
$674,900
About the property (MLS: 1284511):
Welcome to your dream home! This stunning 2-storey home backing onto Octagon Pond is brought to you by award winning Viking Carpentry & Construction, the perfect setting for your new beginnings. This home has an open-concept layout that maximizes space and natural light. Featuring 3 bedrooms with primary including ensuite and walk-in closet on the second floor. The 1 bedroom basement apartment offers the opportunity to offset your mortgage (id:56688)
Property Details
MLS: 1284511
Listing ID: 28251526
Address: 79 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: 11 days ago ( May 2, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,737 square feet
Price per sq ft: $389
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.524286, -52.888697]
Listing ID: 28251526
Address: 79 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: 11 days ago ( May 2, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: Two Apartment House
Ownership Type: Freehold
Beds: 4
Baths: 4
1/2 Baths: 1
Heating: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 1,737 square feet
Price per sq ft: $389
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.524286, -52.888697]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 4 pcs 11.10 x 11.7 null 11.10 x 13.5 null 5 pcs 14.6 x 15.0 null |
| Main level | Bath (# pieces 1-6) Laundry room Living room Not known Porch | 2 pcs 6.6 x 10.6 null 14.2 x 14.6 null 21.4 x 10.6 null 6.0 x 10.0 null |
Basic Calculator
First Mortgage: $539,920
Mortgage insurance premium: $0
Total Financing: $539,920
Rough closing fee (1.5%): ~ $10,124
Total downpayment with estimated closing fee: $145,104
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,911 | $22,932 |
| Gross rental income (income/principal ratio) | 0.283% | 3.398% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $844 | $10,128 |
| Vacancy | $96 | $1,147 |
| Management Fee | $153 | $1,835 |
| Expense / Income Ratio | 44.17% | 44.17% |
| Cash Flow | $819 | $9,828 |
| Net Operating Income (NOI) | $819 | $9,828 |
| Capitalization Rate | 0.12% | 1.46% |
Capitalization Rate: 1.46%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $964,143
