31 Alberton Drive
Paradise, NL, A1L4E6
3 Beds | 3 Baths
$449,900
About the property (MLS: 1286927):
Welcome to this beautifully maintained and fully furnished two-storey home, ideally located near the scenic Octagon Pond walking trail and just a short stroll from Octagon Pond Elementary. This 3-bedroom, 3-bathroom home is nestled in a family-friendly subdivision surrounded by nearby parks, making it the perfect spot for those who value community, convenience, and comfort. Step inside to find a bright and inviting layout with laminate flooring throughout. The main floor features a spacious open-concept living and dining area, perfect for entertaining or family time. The crisp white kitchen is both stylish and functional, offering plenty of cabinetry, counter space, and modern appliances — all ready for you to move in and enjoy. Upstairs, the large primary bedroom boasts a walk-in closet and full ensuite, while two additional bedrooms and a second full bath provide room for the whole family or visiting guests. A half bath on the main adds to the home’s functionality. Outside, the property offers functional green space and a partially fenced yard — great for children or pets — along with a large attached garage that provides ample storage and parking space. With thoughtful furnishings, a neutral color palette, and a location that checks all the boxes for schools, recreation, and community, this move-in-ready gem offers both value and lifestyle. (id:56688)
Property Details
Listing ID: 28519123
Address: 31 Alberton Drive, Paradise, Newfoundland & Labrador, Canada A1L4E6
Status: Active
Last updated: 16 days ago ( Jun 25, 2025 )
Year Built: 2017
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Laminate, Carpeted
Living Area Total: 2,289 square feet
Price per sq ft: $197
Tax Annual Amount: $2,825
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Washer, Dishwasher, Stove, Dryer, Microwave
Water Source: Municipal water
Heating: Baseboard heaters, Electric
Flooring: Laminate, Carpeted
Exterior Features: Wood shingles, Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 37
Rurl
Coordinates: [47.523035, -52.891487]
Rooms
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom | 3PC null 10.1X10.4 null 10.1X12 null 3PC null 16.6X11 null |
| Basement | Foyer | 9X5.5 null |
| Main level | Bath (# pieces 1-6) Living room/Fireplace Kitchen | 2PC null 24.6X18.6 null 11X13 null |
Basic Calculator
First Mortgage: $359,920
Mortgage insurance premium: $0
Total Financing: $359,920
Rough closing fee (1.5%): ~ $6,749
Total downpayment with estimated closing fee: $96,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,518 | $30,216 |
| Gross rental income (income/principal ratio) | 0.560% | 6.716% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $563 | $6,756 |
| Vacancy | $126 | $1,511 |
| Management Fee | $202 | $2,418 |
| Expense / Income Ratio | 22.36% | 22.36% |
| Cash Flow | $1,628 | $19,536 |
| Net Operating Income (NOI) | $1,628 | $19,536 |
| Capitalization Rate | 0.36% | 4.34% |
