For sale · MLS® 1304436
104 Three Island Pond Road
Paradise, NL, A1L2B5
List price
$1,075,000
About this propertyMLS® 1304436
Rare Waterfront Estate | Topsail Pond, Appraisal in place!! Nestled on the serene, sun-drenched shores of highly coveted Topsail Pond, this executive estate offers an uncompromised lifestyle of luxury, comfort, and direct water access. Spanning over an acre of impeccably manicured grounds, this residence boasts nearly 5,000 sq. ft. of refined living space designed for both effortless daily living and high-end entertaining. Key Highlights Prime Waterfront & Angler's Paradise: Direct, private pond access equipped with a custom wharf and standalone boathouse positioned to maximize all-day sun. Located in a prime fishing location renowned for brown trout, enjoy year-round water activities right from your backyard—from world class fishing, motorized boating, and jet-skiing to tranquil kayaking, paddleboarding, and swimming. Sun-Filled Open-Concept Living: An expansive main kitchen and dining layout crafted for seamless entertaining, wrapped in massive panoramic windows that capture stunning views of the lush gardens and tranquil waters. Exceptional 5-Car Garage & Storage: Rare, multi-vehicle garage capacity offering space for up to 5 cars—an absolute dream for car enthusiasts, recreational vehicles, watercraft, fishing gear, or additional private storage needs. Turnkey High-End Upgrades: Fully modernized and low-maintenance, featuring a brand-new roof, an impressive architectural front entry door, and two completely renovated, contemporary luxury bathrooms. Unmatched Privacy & Grounds: Enjoy total seclusion and sprawling, lush lawn space on an oversized manicured lot exceeding one acre, situated in one of the region's most prestigious and exclusive neighborhood enclaves. An extraordinary opportunity to secure a turnkey waterfront sanctuary that effortlessly combines grand-scale hosting with peaceful everyday retreat. (id:56688)
Property details
Coordinates: [47.518798, -52.899012]
Rooms
| Basement | Storage Storage Recreation room | 22 x 10 null 10 x 7.33 null 840 sqft null |
| Second level | Ensuite Laundry room Bath (# pieces 1-6) Bath (# pieces 1-6) Office Bedroom Bedroom Primary Bedroom | 4 pcs 8 x 6.83 null 4 pcs 3 pcs 20.83 x 19.5 null 19.5 x 8.75 null 20.5 x 15.83 null 22 x 20 null |
| Main level | Bath (# pieces 1-6) Porch Porch Living room/Fireplace Dining room Eat in kitchen | 2pcs 12 x 8.5 null 7 x 5.33 null 18 x 14.5 null 19 x 13.5 null 23 x 16 null |
Basic Calculator
First Mortgage: $860,000
Mortgage insurance premium: $0
Total Financing: $860,000
Rough closing fee (1.5%): ~ $16,125
Total downpayment with estimated closing fee: $231,125
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $5,510 | $66,120 |
| Gross rental income (income/principal ratio) | 0.513% | 6.151% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $1,344 | $16,128 |
| Vacancy | $276 | $3,306 |
| Management Fee | $441 | $5,290 |
| Expense / Income Ratio | 24.39% | 24.39% |
| Cash Flow | $3,450 | $41,400 |
| Net Operating Income (NOI) | $3,450 | $41,400 |
| Capitalization Rate | 0.32% | 3.85% |
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