For sale · MLS® 1303081
11 Logan Street
Paradise, NL, A1L0H5
List price
$499,000
About this propertyMLS® 1303081
Welcome to 11 Logan Street, a charming family home nestled on a peaceful greenbelt lot in a highly sought-after neighborhood. Stepping inside, you are greeted by a large, separate front porch complete with a french door that leads into a warm and inviting layout. The well-thought-out main level features a master bedroom showcasing a full ensuite bath with a tub/shower combination and a spacious walk-in closet, cleverly set apart from two additional main-floor bedrooms to ensure quiet privacy for everyone. Everyday living is made effortless with convenient main-floor laundry, a walk-in linen closet, and a dedicated pantry. Downstairs, the finished basement includes a fourth bedroom and an additional bathroom, perfect for guests or extended family. Year-round comfort is guaranteed thanks to an efficient mini-split heat pump, while the fully fenced, sun-drenched southern-exposure backyard offers an ideal outdoor retreat complete with an open storage building. (id:56688)
Property details
Coordinates: [47.528844, -52.885874]
Rooms
| Basement | Recreation room Bedroom Playroom Bath (# pieces 1-6) | 13 x 15 null 9 x 11 null 10 x 13 null 5 x 12 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Laundry room Kitchen Dining nook Living room | 5 x 8 null 9 x 10 null 10 x 11 null 6 x 10 null 11 x 14 null 4 x 8 null 11 x 17 null 7 x 13 null 13 x 14 null |
Basic Calculator
First Mortgage: $399,200
Mortgage insurance premium: $0
Total Financing: $399,200
Rough closing fee (1.5%): ~ $7,485
Total downpayment with estimated closing fee: $107,285
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,436 | $29,232 |
| Gross rental income (income/principal ratio) | 0.488% | 5.858% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $624 | $7,488 |
| Vacancy | $122 | $1,462 |
| Management Fee | $195 | $2,339 |
| Expense / Income Ratio | 25.62% | 25.62% |
| Cash Flow | $1,496 | $17,952 |
| Net Operating Income (NOI) | $1,496 | $17,952 |
| Capitalization Rate | 0.30% | 3.60% |
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