Buy with Yoreevo
$2,363,067
List Price: $2,395,000
Share Listing
Save Listing
1242 Putnam Avenue
Townhouse in Bushwick •  building info
6bd • 6.5ba • 3,600ft² $665 per ft²
Buy with Yoreevo

$2,363,067

List Price

$2,395,000

Key Details
Days on market
60
Last price change
loading...
Estimated payment
$14,232
Taxes
Monthly maintenance
N/A
Description
Brand New to Market. Fully Renovated 3 Family Brick Townhouse [Delivered Vacant & Turn Key] * Located in an opportunity zone. * Live in the spacious owner's duplex w/backyard and rent the other two units for income. * Or rent the entire property and enjoy a 6.7% projected cap rate while the property appreciates. Building size: 20x45 [3,600sqft] Lot size: 20x100 Bedrooms: 6 Bathrooms: 6.5 Miscellaneous: 3 HVAC furnaces & condensers, 3 hot water heaters, 3 gas meters, 4 electric meters Notes: * Central HVAC with Nest WiFi thermostats * Fully equipped kitchens with matte black granite counters, large islands, green tile backsplash, and full sized appliances by GE * Whirlpool full sized washer / dryer [gas] in each unit [vented out] * Video intercom * Plumbing fixtures by Kohler & Delta * Bluetooth bathroom speakers * High ceilings on all floors * 8ft hardwood interior doors & moldings * Excellent closet space in each unit * Hardwood natural oak floors * LED lighting throughout * HD security cameras * Wired for TV and internet in each room * Oversized private outdoor spaces for each unit * Sound proofing between floors * New roof, windows, insulation, plumbing, electrical, etc. Projected rental income: Unit 1 = 2Bed 2.5Bath duplex with private backyard [$5,500] Unit 2 = 2Bed 2Bath with private terrace [$4,500] Unit 3 = 2Bed 2Bath with private roof [$5,000] TOTAL = $15,000/month = $180,000/year Approximate yearly expenses: Taxes: $3,014 Insurance: $3,600 Water & Sewer: $1,950 Garbage maintenance & cleaning: $1,800 Electrical: $480 Gas: $0 Repairs: $1,500 TOTAL = $12,344 Close to M, L subway lines at Myrtle-Wyckoff and J,Z lines at Gates Avenue. Tons of food, entertainment, cafes in the area including Bushwick Burger Co., Father Knows Best, Caffeine Underground, Eden Juice & Smoothie Bar, and more. Just a short uber/bike ride away to Ridgewood and Bedford-Stuyvesant.

Read Less

Important Stuff
Pets allowed
Washer/Dryer in unit
Listing Amenities
Hardwood floors
City View
Dishwasher
Central Air
Fireplace: Decorative
Building Amenities
Fios Available
Laundry in Building
Outdoor Space
Garden
Terrace
Roof Deck
Private Roof Deck
Building info

History
Past Listing Photos
1 of 3
thumbnail 1/3
thumbnail 2/3
thumbnail 3/3
What it'll cost
Purchase price
$2,395,000
Asking Price: $2,395,000
Term
30 Years
Down Payment
$239,000 (10%)
Min: 10% (239,000)
Rate
6.75 %
Mortgage Amount
$2,155,500
Mortgage Payment
$13,981
Taxes
$251
Estimated Yoreevo rebate
$31,933
Estimated closing cost
$88,000
Total monthly cost $14,232
Buy your dream home with us and get an estimated
$31,933 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Nest Seekers

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.