Legal 3 Family, Good Property to own live in one apartment and rent the other two or keep as investment. PROJECTION:FLOOR-1 TWO BEDROOMS $2,500 Mo.FLOOR-2 THREE BEDROOMS $3,500 Mo. FLOOR-3 THREE BEDROOMS $3,500 Mo.Tot. Year inclome: $114,000Tot. Year Expense: $17,000 (taxes, Ins., Heat) NOI: $97,000 Yr. (Net)appx. 8% Cap rateLease and resell for new value with a 5% Cap rate for $1,940,000 -- Retun profit of $699,000 within 6 months to 1 year.The information has ben provided by the seller and has not been verified bythe Broker. Information is deemed reliable but not guaaranteed.
Estimated Payment
$ 7,191.10 per month $6,320.68 Principal & Interest $505.83 Property Tax $364.58 Homeowner's InsuranceListing By
Agency Name: Voro LLC
Agency Contact: 917-385-2992
Shown By
Agent Name: Jacqueline Pollack
Agent Phone: (516) 319-4154
Agency Title: Coldwell Banker American Homes
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1409 Pinson | MLS# 1024932
This multi-family property located at 1409 Pinson , Far Rockaway, NY 11691 is currently listed for sale with an asking price of $1,250,000. Pinson is located within the Queens 27 school district. Search Far Rockaway real estate on www.homesbyjacki.com today.