
About this propertyMLS® 1304635
Welcome to 11 Colorado Street in Paradise, a stunning new construction home perfectly positioned to take advantage of beautiful views overlooking Topsail Pond. This thoughtfully designed property features four spacious bedrooms and three full bathrooms, offering plenty of room for growing families and those who love to entertain. The bright, open-concept main living area creates a seamless flow between the kitchen, dining, and living spaces, providing both comfort and functionality. An attached garage adds convenience and additional storage, while full paving and landscaping are included for a complete turnkey exterior. Currently under construction, this is an excellent opportunity to secure a brand-new home in a desirable Paradise location and add your personal touch before completion. (id:56688)
Property details
Coordinates: [47.522517, -52.897368]
Rooms
| Basement | Bath (# pieces 1-6) Bedroom Recreation room | 7 X 7.4 null 11 x 11.7 null 12.2 x 31.10 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Living room Dining nook Kitchen | 4 PC null 10 x 9 null 10 x 11 null 4 PC null 12 x 14.8 null 14 x 15.7 null 13.8 x 8.9 null 13.8 x 8.9 null |
Basic Calculator
First Mortgage: $487,920
Mortgage insurance premium: $0
Total Financing: $487,920
Rough closing fee (1.5%): ~ $9,149
Total downpayment with estimated closing fee: $131,129
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,077 | $24,924 |
| Gross rental income (income/principal ratio) | 0.341% | 4.087% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $763 | $9,156 |
| Vacancy | $104 | $1,247 |
| Management Fee | $167 | $1,994 |
| Expense / Income Ratio | 36.74% | 36.74% |
| Cash Flow | $1,044 | $12,528 |
| Net Operating Income (NOI) | $1,044 | $12,528 |
| Capitalization Rate | 0.17% | 2.05% |
Get in touch
Have a question?
Send a message and Haris will get back to you — usually the same day.


