42 Colorado Street
Paradise, NL, A1L4L3
3 Beds | 2 Baths
$795,622
About the property (MLS: 1293317):
Amazing Street Appeal in this Executive 2 Story Home with Double Garage to be Built by DMP CONTRACTING on an Oversized Lot in Paradise. Features of this great layout home include large eat in kitchen with center island, Large Living room with 9 Ft Ceilings, Large master bedroom with ensuite having Custom Shower, Tub and double vanities, Heat Pump, Large walk in closet with custom Shelving, crown molding on main and an abundance of Potlights. Outside Features Dark Siding, Black Windows, Gemstone on Front. Homes comes complete with Full Landscaping, double paved Driveway, Front & Back Eavestrough and Full Back Patio to Capture the Breathtaking View Plus 8 Year New Home Warranty. (id:56688)
Property Details
Listing ID: 29191403
Address: 42 Colorado Street, Paradise, Newfoundland & Labrador, Canada A1L4L3
Status: Active
Last updated: a month ago ( Dec 17, 2025 )
Year Built: 2026
Property Type: Single Family
Architectural Style: 2 Level
Structure Type: House
Ownership Type: Freehold
View: Ocean view, View
Number of stories: 2
Number of Levels: 2
Beds: 3
Baths: 2
1/2 Baths: 0
Heating: Heat Pump
Sewer: Municipal sewage system
Living Area Total: 2,821 square feet
Price per sq ft: $283
Tax Annual Amount: $0
Tax Year: 2025
Garage? Yes
Attached Garage? Yes
Carport? No
Open Parking? No
Garage Spaces: 2
Waterfront? No
Pool? No
Water Source: Municipal water
Heating: Heat Pump
Exterior Features: Vinyl siding
Common Interest: Freehold
Number of photos available: 1
Rurl
Coordinates: [47.522709, -52.898689]
Rooms
| Second level | Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom Laundry room Bedroom | 10.5 x 8.0 null 12.0 x 10.6 null 14.2 x 13.6 null 10.5 x 10.0 null 6.6 x 6.0 null 10.5 x 10.0 null |
| Main level | Bath (# pieces 1-6) Foyer Living room Dining room Kitchen | 4.0 x 6.0 null 9.6 x 7.8 null 12.6 x 14.8 null 5.2 x 12.0 null 17.6 x 12.0 null |
Basic Calculator
First Mortgage: $636,498
Mortgage insurance premium: $0
Total Financing: $636,498
Rough closing fee (1.5%): ~ $11,935
Total downpayment with estimated closing fee: $171,060
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,104 | $37,248 |
| Gross rental income (income/principal ratio) | 0.390% | 4.682% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $995 | $11,940 |
| Vacancy | $156 | $1,863 |
| Management Fee | $249 | $2,980 |
| Expense / Income Ratio | 32.06% | 32.06% |
| Cash Flow | $1,706 | $20,472 |
| Net Operating Income (NOI) | $1,706 | $20,472 |
| Capitalization Rate | 0.21% | 2.57% |
