4 Seascape Drive
Paradise, NL, A1L0G2
4 Beds | 3 Baths
$399,900
About the property (MLS: 1286176):
SPACIOUS AND VERSATILE HOME WITH IN-LAW ON A LARGE CORNER LOT FEATURING 2 PAVED DRIVEWAYS!! WITH NEARLY 3000 SQ FEET OF DEVELOPED LIVING SPACE, THIS FULLY DEVELOPED HOME OFFERS INCREDIBLE FLEXIBILITY FOR FAMILIES OR MULTI-GENERATIONAL LIVING. THE LOWER LEVEL FEATURES IN-LAW SUITE SUITE, COMPLETE WITH WET BAR, 8FT ISLAND, CUSTOM CABINETRY. SPACIOUS BEDROOM, FULL BATH, REC ROOM, HUGE STORAGE/HOBBY ROOM AND SEPERATE COVERED ENTRANCE. IDEAL FOR EXTRA RENTAL INCOME. THE MAIN FLOOR OFFERS 3 SPACIOUS BEDROOMS, 2 FULL BATHS, INCLUDING A PRIVATE ENSUITE, A BRIGHT, SPACIOUS LIVING ROOM WITH BEAUTIFUL REFINISHED HARDWOOD FLOORS. THE KITCHEN INCLUDES STAINLESS APPLIANCES, ADDITIONAL CUSTOM CABINETRY FOR EXTRA STORAGE. STAY COMFORTABLE YEAR ROUND WITH A MINI-SPLIT SYSTEM AND PELLET STOVE. WITH NUMEROUS UPGRADES INCLUDING A 14 BY 16 DETACHED GARAGE, THIS FANTASTIC PROPERTY IS A MUST SEE! AS PER SELLERS DIRECTIVE NO CONVENYANCE OF OFFERS PRIOR TO 6PM JUNE 12TH. (id:56688)
Property Details
Listing ID: 28439084
Address: 4 Seascape Drive, Paradise, Newfoundland & Labrador, Canada A1L0G2
Status: Active
Last updated: 5 days ago ( Jun 16, 2025 )
Year Built: 2007
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: 0
Heating: Electric, Other
Sewer: Municipal sewage system
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Fencing: Fence
Living Area Total: 2,924 square feet
Price per sq ft: $137
Tax Annual Amount: $2,396
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 1
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove, Microwave, Wet Bar
Water Source: Municipal water
Foundation Details: Poured Concrete
Heating: Electric, Other
Flooring: Hardwood, Laminate, Other, Ceramic Tile
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 27
Rurl
Coordinates: [47.556413, -52.892121]
Rooms
| Basement | Bath (# pieces 1-6) Laundry room Storage Bedroom Recreation room | 4pc 5.3 by 10.5 null 13.0 by 18.0 null 12.5 by 18.9 null 18.0 by 25.0 null |
| Main level | Bedroom Bedroom Primary Bedroom Ensuite Bath (# pieces 1-6) Kitchen Living room Foyer | 9.0 by 15.0 null 8.11 by 15.0 null 11.5 by 13.11 null 3pc 4pc 11.5 by 16.4 null 12.11 by 21.2 null 4.7 by 6.11 null |
Basic Calculator
First Mortgage: $319,920
Mortgage insurance premium: $0
Total Financing: $319,920
Rough closing fee (1.5%): ~ $5,999
Total downpayment with estimated closing fee: $85,979
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,217 | $38,604 |
| Gross rental income (income/principal ratio) | 0.804% | 9.653% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $500 | $6,000 |
| Vacancy | $161 | $1,931 |
| Management Fee | $258 | $3,089 |
| Expense / Income Ratio | 15.54% | 15.54% |
| Cash Flow | $2,299 | $27,588 |
| Net Operating Income (NOI) | $2,299 | $27,588 |
| Capitalization Rate | 0.57% | 6.90% |
