28 Milton Road
Paradise, NL, A1L1M7
4 Beds | 3 Baths
$565,000
About the property (MLS: 1292087):
Welcome to this beautifully maintained split entry home offering 3+1 bedrooms, 3 full bathrooms, and a fully developed layout designed for modern family living. The main floor features a bright living area with a propane fireplace, a functional kitchen that flows into the dining space, and the convenience of main floor laundry. The primary bedroom includes a private ensuite, while two additional bedrooms and a full bath complete this level. The smallest of the 3 bedrooms has most recently been used as a main floor laundry room, but it can function as either with minor changes. The fully developed lower level provides even more living space with a large family room highlighted by a second propane fireplace, an extra bedroom, and a third full bathroom—perfect for guests, extended family, or a home office. Outdoors, this property stands out with a rare triple bay garage, an additional storage shed, and rear-yard paved access for recreational vehicles or trailers. A back-up propane generator offers year-round peace of mind. With its move-in ready condition, thoughtful upgrades, and balance of comfort and practicality, this home is ideal for buyers seeking space, function, and lasting value. (id:56688)
Property Details
Listing ID: 29042930
Address: 28 Milton Road, Paradise, Newfoundland & Labrador, Canada A1L1M7
Status: Active
Last updated: 16 days ago ( Oct 29, 2025 )
Year Built: 1998
Property Type: Single Family
Structure Type: House
Ownership Type: Freehold
Number of stories: 1
Number of Levels: 1
Beds: 4
Baths: 3
1/2 Baths: 0
Heating: Baseboard heaters, Electric, Propane
Sewer: Municipal sewage system
Flooring: Laminate, Mixed Flooring
Living Area Total: 2,404 square feet
Price per sq ft: $236
Tax Annual Amount: $2,921
Garage? Yes
Attached Garage? No
Carport? No
Open Parking? No
Garage Spaces: 3
Waterfront? No
Pool? No
Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer
Water Source: Municipal water
Foundation Details: Concrete
Heating: Baseboard heaters, Electric, Propane
Flooring: Laminate, Mixed Flooring
Fireplace Features: Insert, Propane
Exterior Features: Vinyl siding
Cooling: Air exchanger
Common Interest: Freehold
Number of photos available: 40
Rurl
Coordinates: [47.536063, -52.863469]
Rooms
| Other | Not known Porch | 24.00x37.50 null 6.33x3.90 null |
| Basement | Porch Office Bath (# pieces 1-6) Laundry room Other Bedroom Recreation room | 4.28x10.55 null 11.80x11.80 null 9.14x9.36 null 10.98x12.26 null 8.03x14.50 null 8.82x9.10 null 24.08x11.83 null |
| Main level | Bedroom Bedroom Ensuite Primary Bedroom Bath (# pieces 1-6) Not known Living room | 8.58x12.26 null 8.73x9.88 null 7.40x5.53 null 11.88x11.90 null 7.29x8.46 null 16.74x12.41 null 12.41x17.20 null |
Basic Calculator
First Mortgage: $452,000
Mortgage insurance premium: $0
Total Financing: $452,000
Rough closing fee (1.5%): ~ $8,475
Total downpayment with estimated closing fee: $121,475
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,645 | $31,740 |
| Gross rental income (income/principal ratio) | 0.468% | 5.618% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $707 | $8,484 |
| Vacancy | $133 | $1,587 |
| Management Fee | $212 | $2,540 |
| Expense / Income Ratio | 26.73% | 26.73% |
| Cash Flow | $1,595 | $19,140 |
| Net Operating Income (NOI) | $1,595 | $19,140 |
| Capitalization Rate | 0.28% | 3.39% |
