7 Sunvalley Drive
Paradise, NL, A1L1L1
3 Beds | 1 Bath
$249,900
About the property (MLS: 1285654):
Welcome to 7 Sunvalley Drive located on a bus route in Paradise. This well kept bungalow is on a rare oversized lot and is in great shape and awaits its new owner. The main level has 3 bedrooms and 1 bathroom with a double vanity, a living nice sized living room and eat in kitchen with vinyl flooring in the kitchen and bathroom, carpet in the bedrooms. Downstairs is partially developed with a large, wide open rec room area and laundry space with carpet flooring and a storage space/workshop with a walk out. All plumbing has been upgraded to pex, the house is on two 100amp meters. On the exterior of the home there is a large wrap around deck and a 10 x 16 storage shed with a loft. This home is being sold "AS IS WHERE IS". Don't miss out on this great opportunity, set up your private viewing today. Sellers Directive: no conveyance of offers until Sunday, June 1/2025 at 5pm. All offers to be left open until 10pm Sunday, June.1/2025. (id:56688)
Property Details
Listing ID: 28389454
Address: 7 Sunvalley Drive, Paradise, Newfoundland & Labrador, Canada A1L1L1
Status: Active
Last updated: 22 days ago ( May 30, 2025 )
Year Built: 1977
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 1
1/2 Baths: 0
Heating: Oil, Electric
Sewer: Municipal sewage system
Flooring: Carpeted, Other
Living Area Total: 1,632 square feet
Price per sq ft: $154
Tax Annual Amount: $2,067
Tax Year: 2025
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Oil, Electric
Flooring: Carpeted, Other
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.531969, -52.860629]
Rooms
| Basement | Storage Recreation room | 22.3 x 9.59 null 22.23 x 22.8 null |
| Main level | Bedroom Bedroom Bedroom Kitchen Living room | 9.0 x 9.4 null 9.3 x 8.8 null 9.8 x 9.0 null 13.9 x 10.8 null 13.36 x 13.37 null |
Basic Calculator
First Mortgage: $199,920
Mortgage insurance premium: $0
Total Financing: $199,920
Rough closing fee (1.5%): ~ $3,749
Total downpayment with estimated closing fee: $53,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,796 | $21,552 |
| Gross rental income (income/principal ratio) | 0.719% | 8.624% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $313 | $3,756 |
| Vacancy | $90 | $1,078 |
| Management Fee | $144 | $1,725 |
| Expense / Income Ratio | 17.43% | 17.43% |
| Cash Flow | $1,250 | $15,000 |
| Net Operating Income (NOI) | $1,250 | $15,000 |
| Capitalization Rate | 0.50% | 6.00% |
