31 Desray Crescent
Paradise, NL, A1L2M7
4 Beds | 2 Baths
$415,000
About the property (MLS: 1287101):
Multi-Level home with attached garage plus 20' x 34' detached garage and situated on a private 0.675-acre municipally serviced lot on quiet one-way Crescent in Paradise. Surrounded by mature trees and landscaped grounds including a secluded area with water feature garden. Open Kitchen, Dining and Living area with masonry wood-burning fireplace. (Chimney has been re-pointed with new flashing, however fireplace has not been WETT Certified). Built-in Kitchen stainless steel appliances and bar. Primary Bedroom accessible to spacious Ensuite including Jacuzzi tub. Three Bedrooms on Upper Level + one Bedroom on Lower Level with 3-pc Bathroom and Laundry. Family Room access to large rear patio deck and Southwestern exposure. Lower Level Exercise Room or Recreation Room. Incredible Lot. Ample driveway parking space accessible to rear garden and detached garage. New roof 2023. (id:56688)
Property Details
Listing ID: 28531230
Address: 31 Desray Crescent, Paradise, Newfoundland & Labrador, Canada A1L2M7
Status: Active
Last updated: 14 days ago ( Jun 27, 2025 )
Year Built: 1980
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 2
1/2 Baths: 0
Heating: Baseboard heaters, Electric
Sewer: Municipal sewage system
Flooring: Hardwood, Carpeted, Ceramic Tile, Mixed Flooring
Living Area Total: 2,350 square feet
Price per sq ft: $177
Tax Annual Amount: $2,437
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Microwave, Cooktop, Oven - Built-In
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric
Flooring: Hardwood, Carpeted, Ceramic Tile, Mixed Flooring
Exterior Features: Brick, Vinyl siding
Common Interest: Freehold
Number of photos available: 35
Rurl
Coordinates: [47.534624, -52.896964]
Rooms
| Lower level | Laundry room Bedroom Other | 12.8x6.8 null 12.11x8.2 null 20.0x10.3Exerci null |
| Second level | Family room Foyer | 21.0x13.0 null 13.4x8.6 null |
| Fourth level | Bedroom Bedroom Primary Bedroom | 11.4x9.4 null 10.1x9.3 null 13.5x13.2 null |
| Main level | Dining room Kitchen Living room/Fireplace | 13.0x10.0 null 13.0x11.0 null 21.0x13.7 null |
Basic Calculator
First Mortgage: $332,000
Mortgage insurance premium: $0
Total Financing: $332,000
Rough closing fee (1.5%): ~ $6,225
Total downpayment with estimated closing fee: $89,225
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,585 | $31,020 |
| Gross rental income (income/principal ratio) | 0.623% | 7.475% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $519 | $6,228 |
| Vacancy | $130 | $1,551 |
| Management Fee | $207 | $2,482 |
| Expense / Income Ratio | 20.08% | 20.08% |
| Cash Flow | $1,730 | $20,760 |
| Net Operating Income (NOI) | $1,730 | $20,760 |
| Capitalization Rate | 0.42% | 5.00% |
