106 Sgt Donald Lucas Drive
Paradise, NL, A1L4L3
2 Beds | 2 Baths
$779,000
About the property (MLS: 1288666):
This is our most popular bungalow design. The main level features an open concept kitchen and dining area with access to a 10 ft x 12 ft sun space sunroom, a living room with a propane fireplace, a primary bedroom with an ensuite and a walk-in closet, plus a second bedroom, a main bath, and a laundry area. The basement is undeveloped and ready for your personal vision. Allowances are available upon request. (id:56688)
Property Details
MLS: 1288666
Listing ID: 28678809
Address: 106 Sgt Donald Lucas Drive, Paradise, Newfoundland & Labrador, Canada A1L4L3
Status: Active
Last updated: 2 months ago ( Aug 1, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Mini-Split
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 2,968 square feet
Price per sq ft: $263
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Mini-Split
Flooring: Laminate, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Wood shingles
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.52082, -52.896076]
Listing ID: 28678809
Address: 106 Sgt Donald Lucas Drive, Paradise, Newfoundland & Labrador, Canada A1L4L3
Status: Active
Last updated: 2 months ago ( Aug 1, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: Bungalow
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 2
Baths: 2
1/2 Baths: 0
Heating: Mini-Split
Sewer: Municipal sewage system
Flooring: Laminate, Ceramic Tile
Living Area Total: 2,968 square feet
Price per sq ft: $263
Tax Annual Amount: $0
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Waterfront? No
Pool? No
Water Source: Municipal water
Foundation Details: Concrete
Heating: Mini-Split
Flooring: Laminate, Ceramic Tile
Fireplace Features: Insert, Propane
Exterior Features: Wood shingles
Common Interest: Freehold
Number of photos available: 21
Rurl
Coordinates: [47.52082, -52.896076]
Rooms
| Main level | Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Living room Dining room Kitchen Foyer | 6.1 x 13 null 14 x 10 null 10.2 x 9.3 null 12 x 14 null 15.11 x 18.6 null 9.11 x 14 null 9.6 x 14 null 7.2 x 7.2 null |
Basic Calculator
First Mortgage: $623,200
Mortgage insurance premium: $0
Total Financing: $623,200
Rough closing fee (1.5%): ~ $11,685
Total downpayment with estimated closing fee: $167,485
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,265 | $39,180 |
| Gross rental income (income/principal ratio) | 0.419% | 5.030% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $974 | $11,688 |
| Vacancy | $164 | $1,959 |
| Management Fee | $262 | $3,135 |
| Expense / Income Ratio | 29.83% | 29.83% |
| Cash Flow | $1,867 | $22,404 |
| Net Operating Income (NOI) | $1,867 | $22,404 |
| Capitalization Rate | 0.24% | 2.88% |
Capitalization Rate: 2.88%
After-repair value (ARV) (This is a rule for purchasing and flipping distressed real estate for a profit, which states that the purchase price should be less than 70% of after-repair value (ARV) minus repair costs (rehab).): $1,112,858
