For sale · MLS® 1304821
4 Skeffington Place
Paradise, NL, A1L1Z3
List price
$439,900
About this propertyMLS® 1304821
Welcome to 4 Skeffington Place! Nestled on quiet cul de sac in the Valley Ridge subdivision of Paradise, this 2-apartment bungalow is sure to impress. Upon entry, the enclosed foyer opens into the inviting main floor comprised of a bright, spacious living room and beautiful eat-in kitchen, featuring dark wood cabinetry and stainless steel appliances, along with direct access to the rear deck. The remainder of the main floor includes 3 well-appointed bedrooms and main bathroom, with a 3-piece ensuite for the primary bedroom. Downstairs, the main unit continues with a secondary family room or rec room, and laundry. Recent upgrades to this unit include new paint and flooring throughout! The above ground 2-bedroom apartment has been well maintained and offers the perfect opportunity to supplement your mortgage! Outside you'll find a nicely sized backyard for outdoor enjoyment! Located near walking trails, shopping, schools, and countless daily amenities, this property offers the perfect combination of convenience and comfort and it's ready for you to make it home! Arrange your viewing today! As per attached Seller's Direction, there will be no conveyance of offers prior to 5pm on Sunday, November 1st, with offers to remain open until 10pm the same day. (id:56688)
Property details
Coordinates: [47.525379, -52.865759]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Not known Laundry room Recreation room | 6.5x5.4 null 7.10x7.9 null 11.1x11.1 null 11.5x17.1 null 8.7x11.7 null 9.4x11.7 null 11.1x3.6 null 10.8x13.6 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Ensuite Primary Bedroom Kitchen Living room Foyer | 7.10x5.5 null 8.7x14.0 null 9.0x14.0 null 7.10x5.4 null 13.7x11.0 null 13.11x14.10 null 15.6x13.5 null 6.6x4.0 null |
Basic Calculator
First Mortgage: $351,920
Mortgage insurance premium: $0
Total Financing: $351,920
Rough closing fee (1.5%): ~ $6,599
Total downpayment with estimated closing fee: $94,579
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $2,530 | $30,360 |
| Gross rental income (income/principal ratio) | 0.575% | 6.902% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $550 | $6,600 |
| Vacancy | $127 | $1,518 |
| Management Fee | $203 | $2,429 |
| Expense / Income Ratio | 21.74% | 21.74% |
| Cash Flow | $1,652 | $19,824 |
| Net Operating Income (NOI) | $1,652 | $19,824 |
| Capitalization Rate | 0.38% | 4.51% |
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