For sale · MLS® 1298306
7 Squires Road
Paradise, NL, A1L3S3
List price
$525,000
About this propertyMLS® 1298306
Like new, 3 + 2 Beds, 4 full baths, rec room, with walk-out basement. Fabulous condition registered 2 apt home bordered by a lovely stream on the boundary. Enjoy the privacy of your own sheltered space along the river and tree line offering special tranquility of a babbling brook on your own land. The house has just been freshly painted and shows near perfectly. The open concept man floor layout offers space for any sized family. There are 3 great bedrooms upstairs and two full bathrooms including a 3/4 ensuite with a double walk-in shower. Downstairs there's a great rec room with another 3/4 bathroom combined with the laundry. The 2 BR basement apartment is 825 sq ft and boasts an excellent decor and layout, a walk-out entrance, plenty of paved parking and a private fenced patio space near the river, just for the tenant, all nestled on a quadruple 20,000 sq ft serviced lot. Beautiful property. Back on Market! Home Inspection was very clean. This one sold under the first sellers direction with multiple offers. It's back on the market now and ready to move in the main floor. (id:56688)
Property details
Coordinates: [47.563444, -52.89651]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Not known Bath (# pieces 1-6) Family room | 4 pc 11' x 10' null 12' x 10' null 10' x 6' null 13' x 12'2 null 13' x 11' null 3 pc 15'6 x 13' null |
| Main level | Bath (# pieces 1-6) Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Kitchen Living room | 3 pc 4 pc 10'6 x 9'6 null 10'6 x 9' null 13' x 12'6 null 20' x 14' null 16' x 14' null |
Basic Calculator
First Mortgage: $420,000
Mortgage insurance premium: $0
Total Financing: $420,000
Rough closing fee (1.5%): ~ $7,875
Total downpayment with estimated closing fee: $112,875
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,715 | $32,580 |
| Gross rental income (income/principal ratio) | 0.517% | 6.206% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $657 | $7,884 |
| Vacancy | $136 | $1,629 |
| Management Fee | $218 | $2,607 |
| Expense / Income Ratio | 24.20% | 24.20% |
| Cash Flow | $1,706 | $20,472 |
| Net Operating Income (NOI) | $1,706 | $20,472 |
| Capitalization Rate | 0.32% | 3.90% |
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