16 TWIN BROOK Drive
PARADISE, NL, A1L1Y1
3 Beds | 2 Baths
$495,000
About the property (MLS: 1287199):
Looking for that perfect home for your family...then look no longer!! This stunning executive style 3 bedroom plus den bungalow in Paradise is conveniently located close to Topsail Beach, the Outer Ring Road and is only minutes away from shopping. Situated on a beautiful 1/2 acre lot, which offers privacy and security for children. This home has been completely renovated from the ground up including a completely new kitchen displaying new stainless steel appliances, amazing backsplash and ceramic floors surrounding the kitchen island. Also for your enjoyment is an open concept layout with a beautiful propane fireplace great for entertaining. Master bedroom has a full ensuite and walk in closet.This home is powered via a geo thermal heat pump system which also offers the added bonus of air conditioning in the summertime. (id:56688)
Property Details
Listing ID: 28544662
Address: 16 TWIN BROOK Drive, PARADISE, Newfoundland & Labrador, Canada A1L1Y1
Status: Active
Last updated: 9 hours ago ( Jul 11, 2025 )
Year Built: 1992
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, Ceramic Tile
Living Area Total: 1,600 square feet
Price per sq ft: $310
Tax Annual Amount: $2,817
Garage? No
Attached Garage? No
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Appliances: Refrigerator, Dishwasher, Stove
Water Source: Municipal water
Foundation Details: Concrete
Heating: Electric
Flooring: Hardwood, Ceramic Tile
Exterior Features: Other
Common Interest: Freehold
Number of photos available: 24
Rurl
Coordinates: [47.529695, -52.897087]
Rooms
| Main level | Other Primary Bedroom Bedroom Bedroom Living room Dining room Kitchen Hobby room Laundry room Foyer | 3.80 X 5.80 null 10.30 X 13.40 null 10.40 X 9.70 null 9.20 X 10.20 null 13.30 X 17.30 null 7.70 X 11.00 null 11.40 X 13.30 null 7.80 X 6.20 null 7.80 X 6.20 null 4.30 X 13.20 null |
Basic Calculator
First Mortgage: $396,000
Mortgage insurance premium: $0
Total Financing: $396,000
Rough closing fee (1.5%): ~ $7,425
Total downpayment with estimated closing fee: $106,425
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,761 | $21,132 |
| Gross rental income (income/principal ratio) | 0.356% | 4.269% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $619 | $7,428 |
| Vacancy | $89 | $1,057 |
| Management Fee | $141 | $1,691 |
| Expense / Income Ratio | 35.15% | 35.15% |
| Cash Flow | $914 | $10,968 |
| Net Operating Income (NOI) | $914 | $10,968 |
| Capitalization Rate | 0.18% | 2.22% |
