For sale · MLS® 1301817
34 QUANTUM Street
PARADISE, NL, A1L0W3
List price
$700,000
About this propertyMLS® 1301817
WELCOME TO THIS STUNNING EXECUTIVE CUSTOM BUILT 2 STORY WITH A BEAUTIFUL REGISTERED BASEMENT APT. SITUATED ON A BEAUTIFULLY LANDSCAPED LOT WITH LARGE PAVED DRIVEWAY, THIS PROPERTY OFFERS EXCEPTIONAL CURB APPEAL AND FUNCTIONALITY. STEP INSIDE THE MAIN HOME TO FIND 9 FT CEILINGS ON MAIN LEVEL AND A BRIGHT OPEN CONCEPT LAYOUT PERFECT FOR ENTERTAINING. THE STUNNING KITCHEN FEATURES FLOOR TO CEILING CUSTOM WHITE CABINETRY, A CENTRAL ISLAND, MODERN BACKSPLASH, STAINLESS APPLIANCES, AND A WALK IN PANTRY. THE MAIN FLOOR LAUNDRY ADDS EXTRA CONVEMIENCE TO YOUR DAILY ROUTINE. UPSTAIRS, THE PRIMARY ENSUITE IS A TRUE RETREAT WITH A LUXURIOUS ENSUITE THAT FEATURES A SOAKER TUB, CUSTOM TILED SHOWER AND DOUBLE VANITIES. TWO ADDITIONAL SPACIOUS BEDROOMS PLUS MAIN BATH COMPLETES THE UPPER LEVEL, MAKING IT IDEAL FOR THE GROWING FAMILIES. THE STUNNING ABOVE GROUND REGISTERED APARTMENT BOASTS A BEAUTIFUL OPEN CONCEPT LAYOUT FEATURING SLEEK CUSTOM WHITE CABINETRY WITH STAINLESS APPLIANCES, SPACIOUS AND BRIGHT LIVING ROOM , WELL APPOINTED BEDROOM PLUS MAIN BATH. OUTSIDE ENJOY THE FULLY LANDSCAPED YARD AND A GORGEOUS REAR PATIO AREA, IDEAL FOR RELAXING OR HOSTING SUMMER BBQ'S. DON'T MISS THE OPPORTUNITY TO OWN THIS EXCEPTIONAL, MOVE -IN READY PROPERTY THAT COMBINES UPSCALE FINISHES, FUNCTIONAL DESIGN AND INCOME POTENTIAL!! (id:56688)
Property details
Coordinates: [47.539872, -52.890707]
Rooms
| Basement | Bath (# pieces 1-6) Not known Living room Not known | 6.0 X 6.0 null 10.0 X 12.5 null 17.0 X 12.0 null 12.0 X 10.5 null |
| Second level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 8.0 6.0 null 8.0 X 6.0 null 14.0 X 9.0 null 13.0 X 11.0 null 14.0 X 14.0 null |
| Main level | Bath (# pieces 1-6) Living room Kitchen Laundry room Dining room Foyer | 6.0 X 6.0 null 15.0 X 14.0 null 14.0 X 14.0 null 7.5 X 6.0 null 14.0 X 14.0 null 8.0 X 10.0 null |
Basic Calculator
First Mortgage: $560,000
Mortgage insurance premium: $0
Total Financing: $560,000
Rough closing fee (1.5%): ~ $10,500
Total downpayment with estimated closing fee: $150,500
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,977 | $35,724 |
| Gross rental income (income/principal ratio) | 0.425% | 5.103% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $875 | $10,500 |
| Vacancy | $149 | $1,787 |
| Management Fee | $239 | $2,858 |
| Expense / Income Ratio | 29.39% | 29.39% |
| Cash Flow | $1,715 | $20,580 |
| Net Operating Income (NOI) | $1,715 | $20,580 |
| Capitalization Rate | 0.24% | 2.94% |
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