For sale · MLS® 1304954
48 Maple Drive
Paradise, NL, A1L1B4
List price
$265,000
About this propertyMLS® 1304954
Situated on a spacious corner lot in the heart of Paradise, this well-maintained mobile home offers privacy, plenty of parking, and convenient access to shopping, schools, parks, and the TCH. A great option for first-time buyers or investors, the home features an open-concept living area and a remodelled kitchen with beautiful custom cabinetry. Three bedrooms include a primary bedroom with a generous walk-in closet, while a spacious full bathroom and rear porch with laundry and additional storage add to the home’s practicality. Outside, the fully fenced yard offers drive-in access to a 10 x 20 workshop with a loft—ideal for projects and extra storage. Updates include shingles replaced in 2017, PEX plumbing throughout, and previously updated paint and hot water tank. As per sellers direction no conveyance of any written signed offers Prior to 6PM Tuesday November 3rd, 2026. Offers will remain open until 10PM Tuesday November 3rd, 2026 (id:56688)
Property details
Coordinates: [47.539812, -52.836116]
Rooms
| Main level | Bedroom Kitchen Living room Primary Bedroom Bedroom Porch | 7.5 x 7.2 null 13.7 x 11.5 null 14.10 x 11.5 null 10.3 x 1.2 null 8 x 6 null 14.5 x 7.8 null |
Basic Calculator
First Mortgage: $212,000
Mortgage insurance premium: $0
Total Financing: $212,000
Rough closing fee (1.5%): ~ $3,975
Total downpayment with estimated closing fee: $56,975
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,144 | $13,728 |
| Gross rental income (income/principal ratio) | 0.432% | 5.180% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $332 | $3,984 |
| Vacancy | $58 | $687 |
| Management Fee | $92 | $1,099 |
| Expense / Income Ratio | 29.02% | 29.02% |
| Cash Flow | $664 | $7,968 |
| Net Operating Income (NOI) | $664 | $7,968 |
| Capitalization Rate | 0.25% | 3.01% |
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