For sale · MLS® 1304480
11 Irving Drive
Paradise, NL, A1L1R9
List price
$350,000
About this propertyMLS® 1304480
Welcome to 11 Irving Drive in Paradise where space, comfort and opportunity come together! This spacious well maintained 4 bedroom, 2 bathroom home offering plenty of space for the whole family. With the added benefit of a pre-listing home inspection to help buyers make an informed decision. The main floor features a bright living room, dining area and kitchen, while the fully developed basement offers additional living space for a growing family, extended family or potential future secondary suite development, subject to municipal approval. This home has been thoughtfully maintained over the years, with updates including the roof, driveway, siding , windows, doors and freshly painted throughout. Hot water radiation heat provides comfortable, even warmth, complemented by a propane fireplace and a pellet stove in the basement. Outside, enjoy a spacious deck that's perfect for summer barbecues, entertaining friends or relaxing with your morning coffee. A handy storage shed provides room for the snowblower, lawn mower and seasonal items. Located just a hop, skip and a jump from shopping, schools and everyday amenities. This is a comfortable, well cared for home in a convenient Paradise location, ready for its next family to make it their own, pre inspected, newly priced and ready for its next chapter! (id:56688)
Property details
Coordinates: [47.531387, -52.869434]
Rooms
| Main level | Bedroom Dining room Bath (# pieces 1-6) Bedroom Living room Bedroom Kitchen | 12 x 10.1 null 10.5 x 12 null 11.5 x 6 null 18 x 11.5 null 13 x 11 null 9.5 x 7.4 null 11.5 x 11.5 null |
| Basement | Recreation room Bath (# pieces 1-6) Laundry room Bedroom | 20 x 10.5 null 10.5 x 8 null 16 x 7 null 18 x 11.5 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 | $2,478 | $29,736 |
| Gross rental income (income/principal ratio) | 0.708% | 8.496% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $438 | $5,256 |
| Vacancy | $124 | $1,487 |
| Management Fee | $199 | $2,379 |
| Expense / Income Ratio | 17.68% | 17.68% |
| Cash Flow | $1,718 | $20,616 |
| Net Operating Income (NOI) | $1,718 | $20,616 |
| Capitalization Rate | 0.49% | 5.89% |
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.