For sale · MLS® 1304513
7 Callaghan Place
Paradise, NL, A1L1X2
List price
$674,900
About this propertyMLS® 1304513
A piece of Paradise! With a backyard oasis, this modern & upgraded Bungalow is a rare find… from Quartz counter tops in the kitchen to the refreshing inground pool and outdoor/indoor entertaining/relaxing areas! This well cared for open concept has 4-bedrooms (primary with walk-in closet & ensuite with double sinks, tiled shower & jacuzzi) and 3-bathrooms. The basement is fully developed with a cozy rec room with wet-bar, a full bathroom, 3-bedrooms and has fantastic areas for extra storage. With rear-yard access if you needed it, the backyard space is a dream… you will certainly get the most out of your Summer! There is an inground pool (new liner 2026), pool house and multiple areas for entertaining or relaxing. There is also an awesome area just outside the fence where you can sit and enjoy nature and the calming sound of a stream flowing by. Some highlights/upgrades include: quartz counter tops in kitchen, 2-sided propane fireplace, crown moldings, access from garage to basement, main floor laundry, bright/functional office right off the large porch/entry, speaker system in rec-room and some pot-lights in the eaves. This home’s location is in the fast growing Town of Paradise, here you can enjoy walking trails and other recreational facilities, shopping, restaurants (like Cajones, Pur & Simple, Coffee Matters & CakeyHand dessert shop) and a craft beer (Banished Brewing). (id:56688)
Property details
Coordinates: [47.530164, -52.892368]
Rooms
| Basement | Bedroom Bedroom Bedroom | 15x9.8 null 14.4x9.8 null 14.8x9.8 null |
| Main level | Living room Eat in kitchen Office Primary Bedroom | 18x19.8 null 19.8x20 null 12.8x14.2 null 16.8x12.6 null |
Basic Calculator
First Mortgage: $539,920
Mortgage insurance premium: $0
Total Financing: $539,920
Rough closing fee (1.5%): ~ $10,124
Total downpayment with estimated closing fee: $145,104
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,887 | $34,644 |
| Gross rental income (income/principal ratio) | 0.428% | 5.133% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $844 | $10,128 |
| Vacancy | $145 | $1,733 |
| Management Fee | $231 | $2,772 |
| Expense / Income Ratio | 29.23% | 29.23% |
| Cash Flow | $1,668 | $20,016 |
| Net Operating Income (NOI) | $1,668 | $20,016 |
| Capitalization Rate | 0.25% | 2.97% |
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