93 St. Thomas Line
Paradise, NL, A1L2P9
3 Beds | 2 Baths
$280,000
About the property (MLS: 1285782):
This spacious home is located in the beautiful town of Paradise and is situated on an oversized serviced lot offering lots of privacy from the road. It is located close to schools, shopping and only minutes from the Outer Ring Road. Upstairs has a fantastic living area with a stone fireplace in the living room, 3 spacious bedrooms, laundry and a full bath. The in-law suite has its own fireplace, the bathroom contains a corner jacuzzi tub with stand up shower, washer and dryer, kitchen/dining and a spacious living area. Upstairs is currently vacant. As per the sellers directive, all offers are due at 1 PM on Thursday June 5 (id:56688)
Property Details
Listing ID: 28422866
Address: 93 St. Thomas Line, Paradise, Newfoundland & Labrador, Canada A1L2P9
Status: Active
Last updated: 15 days ago ( Jun 5, 2025 )
Year Built: 1973
Property Type: Single Family
Architectural Style: Bungalow
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, Other
Fencing: Partially fenced
Living Area Total: 2,312 square feet
Price per sq ft: $122
Tax Annual Amount: $2,200
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Whirlpool, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Other
Fireplace Features: Wood, Woodstove
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 22
Rurl
Coordinates: [47.538512, -52.896678]
Rooms
| Basement | Living room Not known Bath (# pieces 1-6) | 22 x 11.8 null 13 x 14 null 9 x 14 null |
| Main level | Bedroom Bedroom Bedroom Kitchen Living room | 9 x 9.5 null 13.5 x 9 null 12.5 x 13.5 null 13.5 x 19 null 12.5 x21 null |
Basic Calculator
First Mortgage: $224,000
Mortgage insurance premium: $0
Total Financing: $224,000
Rough closing fee (1.5%): ~ $4,200
Total downpayment with estimated closing fee: $60,200
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,544 | $30,528 |
| Gross rental income (income/principal ratio) | 0.909% | 10.903% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $350 | $4,200 |
| Vacancy | $128 | $1,527 |
| Management Fee | $204 | $2,443 |
| Expense / Income Ratio | 13.76% | 13.76% |
| Cash Flow | $1,864 | $22,368 |
| Net Operating Income (NOI) | $1,864 | $22,368 |
| Capitalization Rate | 0.67% | 7.99% |
