129 Elizabeth Drive
Paradise, NL, A1L1E5
4 Beds | 2 Baths
$325,000
About the property (MLS: 1285213):
Fully developed family home in a convenient Paradise neighbourhood awaits new owners! This split entry home features 4 bedrooms and 3 separate living spaces to ensure your family has all the space they need. The main floor has a comfortable, well lit living room with French doors providing access to the adjoining dining area and kitchen. From the dining area you can access the rear deck and backyard with a rear greenbelt. The main floor also features a spacious bath with new flooring and tub surround that has access to the primary bedroom and hallway. Completing the main floor are two more bedrooms. The basement of the home is fully developed with a large games room with a propane stove for secondary heating and a cozy atmosphere. There is a separate media room complete with a projector and surround sound system to make family movie nights fun for all. A second bath with corner shower and a large bedroom adjoin the media room and a spacious laundry/storage room completes the functional basement area. A sellers directive is in place with offers to be submitted by 6 pm on Monday May 26, 2025. Offers must remain open until 9 pm on that evening. (id:56688)
Property Details
Listing ID: 28341369
Address: 129 Elizabeth Drive, Paradise, Newfoundland & Labrador, Canada A1L1E5
Status: Active
Last updated: 23 days ago ( May 21, 2025 )
Year Built: 1988
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Laminate, Other, Mixed Flooring
Living Area Total: 1,900 square feet
Price per sq ft: $172
Tax Annual Amount: $2,026
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Laminate, Other, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 32
Rurl
Coordinates: [47.543368, -52.838018]
Rooms
| Basement | Games room Laundry room Bath (# pieces 1-6) Bedroom Family room | 12.2 x 22.1 null 8 x 7.8 null 7.2 x 5.4 null 10.2 x 11.9 null 8.6 x 17 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Eating area Kitchen Living room | 5 x 11.9 null 10.7 x 7.6 null 9.3 x 7.6 null 11.7 x 11.9 null 8.4 x 11.9 null 11 x 11.9 null 12.2 x 12.8 null |
Basic Calculator
First Mortgage: $260,000
Mortgage insurance premium: $0
Total Financing: $260,000
Rough closing fee (1.5%): ~ $4,875
Total downpayment with estimated closing fee: $69,875
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,090 | $25,080 |
| Gross rental income (income/principal ratio) | 0.643% | 7.717% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $407 | $4,884 |
| Vacancy | $105 | $1,254 |
| Management Fee | $168 | $2,007 |
| Expense / Income Ratio | 19.47% | 19.47% |
| Cash Flow | $1,412 | $16,944 |
| Net Operating Income (NOI) | $1,412 | $16,944 |
| Capitalization Rate | 0.43% | 5.21% |
