For sale · MLS® 1302125
26 Tulip Ridge Boulevard
Paradise, NL, A1L4N7
List price
$449,900
About this propertyMLS® 1302125
Welcome to 26 Tulip Ridge Boulevard, one of Kestrel Developments' newest bungalows, ideally located in a quiet, family-friendly neighborhood in Paradise, with completion anticipated in September. This thoughtfully designed end unit offers an excellent blend of modern style, quality craftsmanship and low-maintenance living, while enjoying partial views of Conception Bay and beautiful evening sunsets from the rear of the home. Offering 1,120 square feet of well-planned living space, the bright, open-concept main floor features 9-foot ceilings, creating an inviting and spacious atmosphere. The kitchen flows seamlessly into the dining and living areas, making it an ideal space for both everyday living and entertaining. A paved driveway and landscaping, as per municipal requirements, are included. The home features two spacious bedrooms and two full bathrooms, including a primary suite complete with a walk-in closet and private ensuite. A convenient main-floor laundry room further enhances the home's functional layout, making it an excellent choice for downsizers, first-time buyers or anyone seeking the convenience of one-level living. The undeveloped basement offers outstanding potential to expand your living space. Whether you're envisioning a recreation room, additional bedrooms, a home office or extra storage, the lower level can be finished to suit your lifestyle, with development options available through the builder. Built by Kestrel Developments, this home combines exceptional workmanship with quality finishes in one of Paradise's growing communities, conveniently located near schools, walking trails, shopping and everyday amenities. The home is also backed by an 8-year LUX New Home Warranty for added peace of mind. HST is included in the purchase price, with any applicable GST/HST rebate to be assigned to the Vendor on closing. (id:56688)
Property details
Coordinates: [47.522067, -52.891113]
Rooms
| Main level | Bath (# pieces 1-6) Ensuite Bedroom Primary Bedroom Kitchen Living room/Dining room | 8 x 6 null 8 x 6 null 12 x 10 null 12.5 x 11.10 null 11 x 14.4 null 11 x 23.8 null |
Basic Calculator
First Mortgage: $359,920
Mortgage insurance premium: $0
Total Financing: $359,920
Rough closing fee (1.5%): ~ $6,749
Total downpayment with estimated closing fee: $96,729
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,464 | $29,568 |
| Gross rental income (income/principal ratio) | 0.548% | 6.572% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $563 | $6,756 |
| Vacancy | $124 | $1,479 |
| Management Fee | $198 | $2,366 |
| Expense / Income Ratio | 22.85% | 22.85% |
| Cash Flow | $1,581 | $18,972 |
| Net Operating Income (NOI) | $1,581 | $18,972 |
| Capitalization Rate | 0.35% | 4.22% |
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