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226 Webster Avenue
House in New Rochelle •  building info
10bd • 6ba • 5,240ft² $258 per ft²
Sold price

$1,350,000

Key Details
Days on market
240
Last price change
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Estimated payment
$10,112
Taxes
$2,432
Monthly maintenance
N/A
Description
Brick 8 family building less than 10 blocks to the New Rochelle train station offers seven (7) one bedroom/one bath apartments and one (1) three bedroom/one bath apartment. This three-story brick building also offers wide, clean and bright hallways, an intercom system, eight parking spaces, a three year old roof and an above ground oil tank. The current rent roll is $128,000 per year. The current expenses including taxes, heat, hot water, insurance, electric, maintenance, exterminator and property tax is $51,000 per year. The net income is $77,000 and the CAP rate is 5.65%. This building will not last, call us today!

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Building Amenities
Parking Available
History
What it'll cost
Purchase price
$1,350,000
Asking Price: $1,350,000
Term
30 Years
Down Payment
$135,000 (10%)
Min: 10% (135,000)
Rate
6.5 %
Mortgage Amount
$1,215,000
Mortgage Payment
$7,680
Taxes
$2,432
Estimated closing cost
$49,000
Total monthly cost $10,112
Listing Courtesy of Century 21 Marciano

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