98 Sgt Donald Lucas Drive
Paradise, NL, A1L4B7
3 Beds | 3 Baths
$769,000
About the property (MLS: 1291310):
Construction is underway on this gorgeous two storey overlooking Topsail Pond in Paradise! Design selections made by Julia Bailey (Violet Lily Design). This home features hardwood stairs, stone countertops in the kitchen, 2 mini splits and a spacious 5 piece ensuite. There is still time to customize flooring and cabinet selections! Tentative completion March 2026. (id:56688)
Property Details
MLS: 1291310
Listing ID: 29134240
Address: 98 Sgt Donald Lucas Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: a month ago ( Dec 9, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Lot Size Area: 8718
Living Area Total: 2,072 square feet
Price per sq ft: $372
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: Baseboard heaters, Electric, Mini-Split
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.521455, -52.896182]
Listing ID: 29134240
Address: 98 Sgt Donald Lucas Drive, Paradise, Newfoundland & Labrador, Canada A1L4B7
Status: Active
Last updated: a month ago ( Dec 9, 2025 )
Year Built: 2025
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: View
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 3
1/2 Baths: 1
Heating: Baseboard heaters, Electric, Mini-Split
Sewer: Municipal sewage system
Flooring: Mixed Flooring
Lot Size Area: 8718
Living Area Total: 2,072 square feet
Price per sq ft: $372
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: Baseboard heaters, Electric, Mini-Split
Flooring: Mixed Flooring
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 5
Rurl
Coordinates: [47.521455, -52.896182]
Rooms
| Second level | Laundry room Bedroom Bedroom Ensuite Primary Bedroom | 6x8.8 null 11.10x9.6 null 10.6x10.4 null 5pc 14x13.6 null |
| Main level | Bath (# pieces 1-6) Mud room Dining room Living room Kitchen Pantry Bonus Room | 2pc 9.10x7 null 10.4x13.8 null 14x13.8 null 12.4x14.8 null 12x4.8 null 12x8 null |
Basic Calculator
First Mortgage: $615,200
Mortgage insurance premium: $0
Total Financing: $615,200
Rough closing fee (1.5%): ~ $11,535
Total downpayment with estimated closing fee: $165,335
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,280 | $27,360 |
| Gross rental income (income/principal ratio) | 0.296% | 3.558% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $962 | $11,544 |
| Vacancy | $114 | $1,368 |
| Management Fee | $183 | $2,189 |
| Expense / Income Ratio | 42.19% | 42.19% |
| Cash Flow | $1,022 | $12,264 |
| Net Operating Income (NOI) | $1,022 | $12,264 |
| Capitalization Rate | 0.13% | 1.59% |
Capitalization Rate: 1.59%
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).): $1,098,572
