For sale · MLS® 1304095
116 Sgt Donald Lucas Drive
Paradise, NL, A1L0W8
List price
$659,900
About this propertyMLS® 1304095
Construction is underway and expected to be completed before Christmas! This home is situated on a family friendly street with pond views from your back window. The main floor features 9ft ceilings and an open concept floor plan, ideal for entertaining. There is a mini split on this level as well. The kitchen is bright and spacious, has an island with seating as well as a walk in pantry. There is a half bath on this floor as well. Upstairs has 3 large bedrooms including a stunning primary bedroom with ensuite and walk in closet. There is also a spacious main bathroom and second floor laundry for your convenience! The undeveloped basement is waiting for your personal touches. Located near all major amenities, walking trails, rec facilities and schools. (id:56688)
Property details
Coordinates: [47.519803, -52.895664]
Rooms
| Second level | Ensuite Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4 pcs 4 pcs 11.4 x 9.5 null 11.4 x 12.10 null 16.6 x 12 null |
| Main level | Dining room Kitchen Living room | 15.6 x 9.6 null 15.6 x 10 null 14.4 x 15.6 null |
Basic Calculator
First Mortgage: $527,920
Mortgage insurance premium: $0
Total Financing: $527,920
Rough closing fee (1.5%): ~ $9,899
Total downpayment with estimated closing fee: $141,879
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,852 | $34,224 |
| Gross rental income (income/principal ratio) | 0.432% | 5.186% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $825 | $9,900 |
| Vacancy | $143 | $1,712 |
| Management Fee | $229 | $2,738 |
| Expense / Income Ratio | 28.93% | 28.93% |
| Cash Flow | $1,657 | $19,884 |
| Net Operating Income (NOI) | $1,657 | $19,884 |
| Capitalization Rate | 0.25% | 3.01% |
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