For sale · MLS® 1304221
49 Gosses Road
Paradise, NL, A1L1T4
List price
$350,000
About this propertyMLS® 1304221
Welcome to 49 Gosses Road Paradise! Come and view this 4 level multi-level family home on an excellent street just off Topsail Road near Sobey’s. The main floor has a spacious living room, dining room, and kitchen with lots of cabinet space and and a large window overlooking the lovely garden. Upstairs, you’ll find three family size bedrooms and a four piece Main Bath. The lower level has a family room, large laundry room, and a large three-quarter bath for larger families. The large level lot offers, exceptional utility including a 22 foot side access for vehicles to the rear offering lots of space for a double or triple detached garage with excellent access on the driveway side. (id:56688)
Property details
Coordinates: [47.531909, -52.873495]
Rooms
| Basement | Storage Storage | 20 x 12 null 20 x 12 null |
| Lower level | Laundry room Bath (# pieces 1-6) Family room Foyer | 9 x 6-7 null 3 Pce null 18-7 x 12 null 12 x 9-1 null |
| Second level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom | 4 pce 9-3 x 10-9 null 10 x 9 null 12 x 12 null |
| Main level | Kitchen Dining room Living room | 12 x 10-9 null 12-4 x 8-9 null 20 x 12-7 null |
Basic Calculator
First Mortgage: $280,000
Mortgage insurance premium: $0
Total Financing: $280,000
Rough closing fee (1.5%): ~ $5,250
Total downpayment with estimated closing fee: $75,250
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,598 | $31,176 |
| Gross rental income (income/principal ratio) | 0.742% | 8.907% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $130 | $1,559 |
| Management Fee | $208 | $2,495 |
| Expense / Income Ratio | 16.86% | 16.86% |
| Cash Flow | $1,823 | $21,876 |
| Net Operating Income (NOI) | $1,823 | $21,876 |
| Capitalization Rate | 0.52% | 6.25% |
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