For sale · MLS® 1304069
38 Pattison Street
Paradise, NL, A1L4H1
List price
$375,000
About this propertyMLS® 1304069
Welcome to 38 Pattison Street! This spacious semi-attached, two-storey home offers a functional layout with plenty of room for the whole family. The main level features a bright, open-concept design with the kitchen, dining, and living areas seamlessly connected—creating an inviting space for everyday living and entertaining. A convenient half bath completes the main floor. Upstairs, you’ll find two comfortable bedrooms, including a primary bedroom with its own ensuite featuring a stand-up shower, plus an additional full bathroom. The fully developed lower level adds even more versatility, offering a third bedroom, full bathroom, and a large recreation room—ideal for a family room, home office, gym, or entertainment space. The walk-out basement provides easy access to the fenced rear yard, which backs directly onto a greenbelt, offering added privacy and a peaceful natural backdrop. For year-round comfort, the home is equipped with three mini-split heat pumps, with one conveniently located on each level. With three bedrooms, two full bathrooms plus a half bath, a generous recreation room, walk-out access, three mini-split heat pumps, and a desirable greenbelt setting, this home offers excellent space and flexibility for families, first-time buyers, or anyone looking for room to grow. Sellers' Direction: No conveyance of offers until Friday, October 9th at 5:00 p.m. All offers are to remain open until 10:00 p.m. Sellers Direction: no conveyance of any offers until Friday October. 9th at 5pm. All offers to be open until 10pm. (id:56688)
Property details
Coordinates: [47.523758, -52.893211]
Rooms
| Basement | Recreation room Bath (# pieces 1-6) Laundry room Bedroom | 16.2 x 10.11 null 3PC null x 0 null 10.10 x 9.0 null |
| Second level | Ensuite Bedroom | 3OC null 11.6 x 9.7 null |
| Main level | Primary Bedroom Bath (# pieces 1-6) Dining nook Living room Kitchen | 11.10 x 11.6 null 1/2 null 8.10 x 7.10 null 13.10 x 11.3 null 13.3 x 10.7 null |
Basic Calculator
First Mortgage: $300,000
Mortgage insurance premium: $0
Total Financing: $300,000
Rough closing fee (1.5%): ~ $5,625
Total downpayment with estimated closing fee: $80,625
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,984 | $23,808 |
| Gross rental income (income/principal ratio) | 0.529% | 6.349% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $469 | $5,628 |
| Vacancy | $100 | $1,191 |
| Management Fee | $159 | $1,905 |
| Expense / Income Ratio | 23.64% | 23.64% |
| Cash Flow | $1,258 | $15,096 |
| Net Operating Income (NOI) | $1,258 | $15,096 |
| Capitalization Rate | 0.34% | 4.03% |
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