For sale · MLS® 1303716
23 O'Briens Way
Paradise, NL, A1L3P9
List price
$679,900
About this propertyMLS® 1303716
Welcome to this move in ready new construction bungalow, perfectly situated on an oversized lot with the added convenience of rear yard access. Thoughtfully designed with quality finishes throughout, this fully developed home offers the perfect blend of luxury, comfort, and functionality. Step inside through the welcoming front porch, which also provides access to the attached garage. The bright, open concept main floor is ideal for both everyday living and entertaining, featuring a beautifully designed high end kitchen complete with a walk in butler’s pantry. The inviting living room is anchored by a gorgeous propane fireplace with a beautiful shiplap surround, creating a warm and elegant focal point. The adjoining dining area opens onto a covered deck, creating the perfect space to relax or entertain. The main level offers two spacious bedrooms, including a luxurious primary suite featuring a walk in closet and a ensuite complete with a freestanding soaker tub and separate shower. Completing the main floor is a convenient laundry room with custom cabinetry. The fully developed basement offers a large rec room featuring a second propane fireplace with a matching shiplap surround, creating a seamless design throughout the home. Already roughed in for a wet bar, this space is ideal for entertaining family and friends. You’ll also find a third bedroom, a full bathroom, and an additional oversized room that would make an ideal home gym, games room, office, or second family room, complete with Jack and Jill access to the bathroom. A covered exterior stairwell provides access to the side of the home, adding both practicality and versatility. Additional highlights include an energy efficient forced air heat pump system for year round comfort, an attached garage, oversized lot with rear yard access, and quality craftsmanship throughout. Every detail has been carefully considered, making this exceptional home truly move in ready and ready for its new owners to enjoy. (id:56688)
Property details
Coordinates: [47.561262, -52.892832]
Rooms
| Basement | Other Utility room Bath (# pieces 1-6) Bedroom Recreation room | 25.11 X 16.2 null 12.1 X 10.7 null 13.5 X 6 null 13.5 X 16.7 null 24.6 X 22.11 null |
| Main level | Laundry room Bath (# pieces 1-6) Bedroom Ensuite Primary Bedroom Living room Dining room Kitchen Foyer | 7.2 X 5.10 null 9.10 X 5.10 null 12.1 X 10.7 null 10.7 X 7.6 null 11.2 X 14.1 null 17.11 X 15 null 9.10 X 7.11 null 8.11 X 16.2 null 8.3 X 4.6 null |
Basic Calculator
First Mortgage: $543,920
Mortgage insurance premium: $0
Total Financing: $543,920
Rough closing fee (1.5%): ~ $10,199
Total downpayment with estimated closing fee: $146,179
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,114 | $37,368 |
| Gross rental income (income/principal ratio) | 0.458% | 5.496% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $850 | $10,200 |
| Vacancy | $156 | $1,869 |
| Management Fee | $250 | $2,990 |
| Expense / Income Ratio | 27.30% | 27.30% |
| Cash Flow | $1,860 | $22,320 |
| Net Operating Income (NOI) | $1,860 | $22,320 |
| Capitalization Rate | 0.27% | 3.28% |
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