83 Trenton Drive
Paradise, NL, A1L4B7
3 Beds | 3 Baths
$609,900
About the property (MLS: 1284649):
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 and the convenience of second floor laundry. The undeveloped basement awaits your personal touch! (id:56688)
Property Details
MLS: 1284649
Listing ID: 28264850
Address: 83 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: 15 days ago ( May 6, 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: 1,851 square feet
Price per sq ft: $330
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: [47.52469, -52.888354]
Listing ID: 28264850
Address: 83 Trenton Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: 15 days ago ( May 6, 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: 1,851 square feet
Price per sq ft: $330
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: [47.52469, -52.888354]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 4 pcs 10 x 11 null 10 x 11 null 5 pcs 13.8 x 14.2 null |
| Main level | Bath (# pieces 1-6) Kitchen Living room | 2 pcs 11 x 20 null 14.6 x 20 null |
Basic Calculator
First Mortgage: $487,920
Mortgage insurance premium: $0
Total Financing: $487,920
Rough closing fee (1.5%): ~ $9,149
Total downpayment with estimated closing fee: $131,129
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,037 | $24,444 |
| Gross rental income (income/principal ratio) | 0.334% | 4.008% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $763 | $9,156 |
| Vacancy | $102 | $1,223 |
| Management Fee | $163 | $1,956 |
| Expense / Income Ratio | 37.46% | 37.46% |
| Cash Flow | $1,010 | $12,120 |
| Net Operating Income (NOI) | $1,010 | $12,120 |
| Capitalization Rate | 0.17% | 1.99% |
Capitalization Rate: 1.99%
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).): $871,286
