Buy with Yoreevo
$2,701,875
List Price: $2,750,000
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1726 Summerfield Street
House in Ridgewood •  building info
12bd • 10ba • 2,500ft² $1,100 per ft²
Buy with Yoreevo

$2,701,875

List Price

$2,750,000

Key Details
Days on market
13
Last price change
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Estimated payment
$15,624/mo
Taxes
Maintenance
N/A
Description
Turnkey, fully gut-renovated 4-family investment property located in the heart of Ridgewood. This exceptional income-producing asset offers approximately $208,800 annual gross income and is conveniently located just minutes from the L train, providing easy access to Manhattan, including Union Square, East Village, and Downtown Brooklyn. Completely renovated from top to bottom, the property features modern finishes and quality construction upgrades designed for long-term durability, low maintenance, and strong rental appeal. Situated in one of Ridgewood's most desirable rental neighborhoods with consistent tenant demand. Unit Configuration: (2) Duplex-style 3-bedroom, 2.5-bath units with private backyard access (2) Spacious 3-bedroom, 2-bath units Modern kitchens and updated bathrooms throughout In-unit washer and dryer in every apartment Separate utilities; tenants responsible for heat, gas, and electric where applicable Property Highlights: Full gut renovation> >Sound-insulated walls and floor assemblies between units >Oversized new windows providing abundant natural light >High-end appliances and contemporary interior finishes >Transit-oriented location with strong rental demand >Attractive opportunity for long-term income-oriented investors >Approximate 6.82% cap rate!!!

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,750,000
Asking Price: $2,750,000
Term
30 Years
Down Payment
$275,000 (10%)
Min: 10% (275,000)
Rate
6.0 %
Mortgage Amount
$2,475,000
Mortgage Payment
$14,839
Taxes
$785
Estimated Yoreevo rebate
$48,125
Estimated closing cost
$100,000
Total monthly cost $15,624
Buy your dream home with us and get an estimated
$48,125 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Sweet Key Realty Group Inc

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