For sale · MLS® 1302847
33 Colorado Street
Paradise, NL, A1L4L9
List price
$629,900
About this propertyMLS® 1302847
Welcome to 33 Colorado Street in Fairview Estates! Sitting on an oversized corner lot, this brand-new home by MacIntyre Homes offers a great layout with plenty of room for the whole family. The main floor features 1,329 sq. ft. with three bedrooms and two full bathrooms. The kitchen, dining and living areas flow together nicely, making it a great space for family life or entertaining. The primary bedroom has its own ensuite and walk-in closet, and the kitchen includes a centre island and pantry for some much-needed extra storage. Downstairs, you’ll find an attached garage along with lots of space for future development. The layout allows for a rec room, another bedroom and bathroom, laundry, mudroom and utility space—giving you plenty of options as your family grows. A 2-head mini-split provides efficient heating and cooling year-round, and the oversized corner lot gives you that little bit of extra outdoor space that’s always nice to have. Priced at $629,900, 33 Colorado Street is a great opportunity to own a brand-new home in Fairview Estates and still have the ability to make it feel like your own. Built by award winning MacIntyre Homes — Building Beautiful Homes, One Dream at a Time. (id:56688)
Property details
Coordinates: [47.520524, -52.896631]
Rooms
| Main level | Bedroom Bedroom Ensuite Primary Bedroom Dining nook Kitchen Living room | 10'8 x 10'6 null 10'8x 10'6 null 6 x 8 null 13'6 x 12'6 null 10'6 x 15 null 15 x 10 null 12'6 x 16 null |
Basic Calculator
First Mortgage: $503,920
Mortgage insurance premium: $0
Total Financing: $503,920
Rough closing fee (1.5%): ~ $9,449
Total downpayment with estimated closing fee: $135,429
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,545 | $30,540 |
| Gross rental income (income/principal ratio) | 0.404% | 4.848% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $788 | $9,456 |
| Vacancy | $128 | $1,527 |
| Management Fee | $204 | $2,444 |
| Expense / Income Ratio | 30.96% | 30.96% |
| Cash Flow | $1,427 | $17,124 |
| Net Operating Income (NOI) | $1,427 | $17,124 |
| Capitalization Rate | 0.23% | 2.72% |
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