For sale · MLS® 1304437
8 Colorado Street
Paradise, NL, A1L4L3
List price
$749,900
About this propertyMLS® 1304437
Discover luxury and modern design at 8 Colorado Street in Paradise, an upcoming beautiful home by Blueprint Homes. This stunning bungalow combines striking curb appeal with effortless functionality, featuring sleek black windows, a matching black garage door, and a walk-out basement designed to impress. Inside, the welcoming front foyer offers elegant tiled floors and a spacious walk-in coat closet. The heart of the home has a bright, expansive kitchen boasting a large sit-up island and a generous walk-in pantry, flowing seamlessly into the open-concept dining and living areas—complete with a mini-split for year-round comfort. The private primary retreat features a luxurious ensuite with double sinks, a custom tiled shower, and a large walk-in closet. For ultimate convenience, the laundry room is located right on the main level. The spacious basement will be wired and insulated for your future plans. Outdoor living is equally inviting with a charming covered front porch, a 10x12 back patio, and enhanced exterior potlights. Plus, generous allowances for cabinetry, flooring, lighting, and landscaping allow you to fully customize your dream finishes. Close to the walking trail, schools and shopping - plus there is a fantastic view! An exceptional place to call home! (id:56688)
Property details
Coordinates: [47.522614, -52.898041]
Rooms
| Main level | Other Family room Not known Bedroom Bedroom Ensuite Primary Bedroom Dining room Kitchen | 16x20.1 null 14.5x15 null 8.5x4.9 null 12x9.9 null 11.6x11.5 null 13.5x5.11 null 14x10.5 null 14.5x8.5 null 18.3x12.5 null |
Basic Calculator
First Mortgage: $599,920
Mortgage insurance premium: $0
Total Financing: $599,920
Rough closing fee (1.5%): ~ $11,249
Total downpayment with estimated closing fee: $161,229
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $3,481 | $41,772 |
| Gross rental income (income/principal ratio) | 0.464% | 5.570% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $938 | $11,256 |
| Vacancy | $175 | $2,089 |
| Management Fee | $279 | $3,342 |
| Expense / Income Ratio | 26.95% | 26.95% |
| Cash Flow | $2,091 | $25,092 |
| Net Operating Income (NOI) | $2,091 | $25,092 |
| Capitalization Rate | 0.28% | 3.35% |
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