81 Trenton Drive
Paradise, NL, A1L4B7
3 Beds | 3 Baths
$649,900
About the property (MLS: 1284499):
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 undeveloped basement awaits your personal touch! (id:56688)
Property Details
MLS: 1284499
Listing ID: 28251853
Address: 81 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: 18 days ago ( May 2, 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: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,301 square feet
Price per sq ft: $283
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.525213, -52.888547]
Listing ID: 28251853
Address: 81 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: 18 days ago ( May 2, 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: Electric
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Living Area Total: 2,301 square feet
Price per sq ft: $283
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.525213, -52.888547]
Rooms
| Main level | Kitchen Dining nook Living room Bath (# pieces 1-6) | 11 x 11.6 null 11 x 9 null 13 x 12.8 null 2 pcs |
| Second level | Primary Bedroom Ensuite Bedroom Bedroom Bath (# pieces 1-6) | 15 x 12.8 null 5 pcs 10.8 x 11 null 10 x 10.6 null 4 pcs |
Basic Calculator
First Mortgage: $519,920
Mortgage insurance premium: $0
Total Financing: $519,920
Rough closing fee (1.5%): ~ $9,749
Total downpayment with estimated closing fee: $139,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,532 | $30,384 |
| Gross rental income (income/principal ratio) | 0.390% | 4.675% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $813 | $9,756 |
| Vacancy | $127 | $1,520 |
| Management Fee | $203 | $2,431 |
| Expense / Income Ratio | 32.11% | 32.11% |
| Cash Flow | $1,390 | $16,680 |
| Net Operating Income (NOI) | $1,390 | $16,680 |
| Capitalization Rate | 0.21% | 2.57% |
Capitalization Rate: 2.57%
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).): $928,429
