14 Newcastle Place
Paradise, NL, A1L4E8
3 Beds | 2 Baths
$349,900
About the property (MLS: 1285199):
Welcome to this beautiful split entry home situated perfectly on a family friendly cul-de-sac in Elizabeth Park, Paradise. You'll be greeted with a vaulted ceiling above the entrance area, leading upstairs to the bright main floor featuring a wood burning fireplace in the living room, patio access from the kitchen area, two spacious bedrooms, and a full bath on the main floor. The fully developed basement features a large rec room with bar area, great for entertaining or relaxing, a third bedroom and full bathroom, laundry area, and ample storage space. The backyard is fully fenced offering privacy, a storage shed (10x20) and is perfect for unwinding in the evenings or playing with your dogs/kids. With easy access to local amenities, schools, and parks, this single family home is an excellent choice for investors and home owners alike. As per sellers direction, no conveyance of offers until May 25 at 5 PM. (id:56688)
Property Details
Listing ID: 28348082
Address: 14 Newcastle Place, Paradise, Newfoundland & Labrador, Canada A1L4E8
Status: Active
Last updated: 22 days ago ( May 22, 2025 )
Year Built: 1986
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Mixed Flooring
Living Area Total: 1,884 square feet
Price per sq ft: $186
Tax Annual Amount: $2,070
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Water Source: Municipal water
Heating: Electric
Flooring: Hardwood, Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 30
Rurl
Coordinates: [47.535194, -52.835967]
Rooms
| Basement | Bedroom | 15'0""X8'0"" null |
| Main level | Bedroom Primary Bedroom Kitchen Living room | 11'0""X8'2"" null 11'4""X11'0"" null 17'0""X9'0"" null 16'2""X12'9"" null |
Basic Calculator
First Mortgage: $279,920
Mortgage insurance premium: $0
Total Financing: $279,920
Rough closing fee (1.5%): ~ $5,249
Total downpayment with estimated closing fee: $75,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,073 | $24,876 |
| Gross rental income (income/principal ratio) | 0.592% | 7.109% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $104 | $1,244 |
| Management Fee | $166 | $1,991 |
| Expense / Income Ratio | 21.13% | 21.13% |
| Cash Flow | $1,366 | $16,392 |
| Net Operating Income (NOI) | $1,366 | $16,392 |
| Capitalization Rate | 0.39% | 4.68% |
