Buy with Yoreevo
$1,572,000
List Price: $1,600,000
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1275 Webster Avenue
House in Concourse •  building info
studio • 4,000ft² $400 per ft²
Buy with Yoreevo

$1,572,000

List Price

$1,600,000

Key Details
Listed today
Last price change
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Estimated payment
$10,984/mo
Taxes
$2,350/mo
Maintenance
N/A
Description
19 Unit Mixed Use Corner Property with 16 Residential & 3 Commercial in Mount Eden, Bronx. 4 Apartments are 2 Bedrooms and 12 Apartments are 3 Bedrooms. Total Monthly Rent Income: $17,138; Annual Gross Rent Income: $205,656. 6 Residental Units will be Vacant at Closing (Apt #'s 2, 5, 9, 10, 11 &16) Annual Expenses: R/E Taxes: $28,203, Insurance Premium: $7,830, Water/Sewer $36,000, Electricity $2,549, Maintenance-superintendent $9,000, Gas/Heat $ 47,683, & Misc Maintenance $2,046. Total Annual Expenses: $133,311, Net Operating Income (NOI): $72,345.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,600,000
Asking Price: $1,600,000
Term
30 Years
Down Payment
$160,000 (10%)
Min: 10% (160,000)
Rate
6.0 %
Mortgage Amount
$1,440,000
Mortgage Payment
$8,634
Taxes
$2,350
Estimated Yoreevo rebate
$28,000
Estimated closing cost
$57,000
Total monthly cost $10,984
Buy your dream home with us and get an estimated $28,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Keller Williams Landmark II

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