About the property (MLS: 1285594):
This executive-grade bungalow in Topsail Terrace, Paradise, Newfoundland, offers the perfect blend of quality, comfort, and modern living. Featuring four bedrooms and three bathrooms, the home showcases hardwood floors, a custom-designed kitchen, and spacious, naturally lit rooms that reflect exceptional craftsmanship. Energy efficiency is a highlight, with a heat pump installed in 2020 and a mini split in the attached garage, keeping average monthly heating costs to just $262. The walk-out basement offers versatile space ready for your personal touch, while the outdoors boasts rear yard access ideal for an RV or boat, a well-maintained yard for leisure, and a wired shed for storage or hobbies. Set in the serene and picturesque community of Topsail Terrace, this home promises tranquility with the convenience of modern features. Don’t miss the opportunity to experience this dream home—your perfect lifestyle awaits. (id:56688)
Property Details
Listing ID: 28376585
Address: 23 Spracklin Boulevard, Paradise, Newfoundland & Labrador, Canada A1L0J3
Status: Active
Last updated: 24 days ago ( May 28, 2025 )
Year Built: 2010
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 1
Heating: Heat Pump, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Ceramic Tile
Living Area Total: 3,140 square feet
Price per sq ft: $169
Tax Annual Amount: $3,300
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Wood, Poured Concrete
Heating: Heat Pump, Electric
Flooring: Hardwood, Laminate, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 26
Rurl
Coordinates: [47.527005, -52.901442]
Rooms
Basement | Other Bedroom Bath (# pieces 1-6) Laundry room Recreation room | 36x12.6 null 15.10x10.3 null Two Piece null 9'7x11 null 26x12 null |
Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Living room Dining room Kitchen Porch | Three Piece null 13.6x12.8 null 13x11.6 null Three Piece null 15x12.8 null 14.6x16 null 13.6x11 null 14.6x13 null 6x4 null |
Basic Calculator
First Mortgage: $423,920
Mortgage insurance premium: $0
Total Financing: $423,920
Rough closing fee (1.5%): ~ $7,949
Total downpayment with estimated closing fee: $113,929
Investment Calculator:
Monthly | Yearly | |
---|---|---|
Gross Revenue | $3,455 | $41,460 |
Gross rental income (income/principal ratio) | 0.652% | 7.824% |
Mortgage | $0 | $0 |
Monthly Expenses | $663 | $7,956 |
Vacancy | $173 | $2,073 |
Management Fee | $277 | $3,317 |
Expense / Income Ratio | 19.19% | 19.19% |
Cash Flow | $2,343 | $28,116 |
Net Operating Income (NOI) | $2,343 | $28,116 |
Capitalization Rate | 0.44% | 5.31% |