For sale · MLS® 1299675
133 Ridgewood Drive
Paradise, NL, A1L1K9
List price
$939,000
About this propertyMLS® 1299675
Experience luxury living in this exceptional, fully developed executive two-storey, perfectly positioned on a one-acre lot overlooking the breathtaking waters of Conception Bay. Designed with quality craftsmanship and comfort in mind, this impressive home is equipped with an energy-efficient heat pump system for year-round efficiency and comfort. The spacious open-concept main floor is ideal for both everyday living and entertaining, featuring a beautifully appointed kitchen with a large center island and walk-in pantry. The welcoming family room has a a propane fireplace with a custom mantel plus there's a formal living room, private den, half bath and direct access to the oversized 23' x 35' triple-bay attached garage. A stunning hardwood staircase leads to the upper level, where the luxurious primary suite offers spectacular ocean views, a spa-inspired ensuite complete with a Jacuzzi tub, separate shower, and walk-in closet. Two additional generously sized bedrooms, a full bathroom, and a conveniently located laundry room complete the second floor. The fully developed lower level offers exceptional versatility with a fourth bedroom, spacious recreation room, exercise room, home office, and an additional half bath—providing plenty of space for family living, guests, or working from home. A rare opportunity to own an executive home in a spectacular setting and panoramic ocean views (id:56688)
Property details
Coordinates: [47.541612, -52.907494]
Rooms
| Basement | Games room Utility room Storage Bedroom Family room Bath (# pieces 1-6) | 8 x 16 null 18 x 13 null 9 x 6 null 12.10 x 12 null 15 x 21 null 3 pcs |
| Second level | Laundry room Bath (# pieces 1-6) Ensuite Primary Bedroom Bedroom Bedroom | 5.6 x 8 null 4 pcs 4 pcs 13.6 x 20.6 null 13.6 x 11.6 null 12.4 x 14.6 null |
| Main level | Not known Bath (# pieces 1-6) Eat in kitchen Family room Living room | 9 x 23 null 2 pcs 21 x 15.6 null 14 x 20 null 14 x15 null |
Basic Calculator
First Mortgage: $751,200
Mortgage insurance premium: $0
Total Financing: $751,200
Rough closing fee (1.5%): ~ $14,085
Total downpayment with estimated closing fee: $201,885
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $5,060 | $60,720 |
| Gross rental income (income/principal ratio) | 0.539% | 6.466% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,174 | $14,088 |
| Vacancy | $253 | $3,036 |
| Management Fee | $405 | $4,858 |
| Expense / Income Ratio | 23.20% | 23.20% |
| Cash Flow | $3,229 | $38,748 |
| Net Operating Income (NOI) | $3,229 | $38,748 |
| Capitalization Rate | 0.34% | 4.13% |
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