Buy with Yoreevo
$1,129,875
List Price: $1,150,000
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2311 Creston Avenue
House in Fordham •  building info
6bd • 3ba • 2,207ft² $521 per ft²
Buy with Yoreevo

$1,129,875

List Price

$1,150,000

Key Details
Days on market
55
Last price change
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Estimated payment
$6,546/mo
Taxes
$341/mo
Maintenance
N/A
Description
Zoned R8, can be delivered vacant! Currently a fully occupied three family investment opportunity in the heart of Fordham Heights, offering immediate cash flow in a prime Bronx location just one block from the 182nd Street Grand Concourse subway station. This well maintained and recently fully renovated property features three spacious two bedroom, one bathroom apartments, each currently rented at $2,762 per month. All units are occupied with tenants in place, providing consistent income from day one. Tenants are responsible for all utilities, contributing to low operating expenses and strong overall performance. The property also includes a full basement with utility access, offering additional functional space and flexibility. Annual expenses remain low, with taxes at $4,087, water at $2,000, and common electric at $900, further enhancing the investment appeal. With a 7.4% cap rate, this is an ideal opportunity for investors seeking a stabilized, income producing asset in a high demand rental market. A turnkey investment in a highly accessible and desirable Bronx location.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,150,000
Asking Price: $1,150,000
Term
30 Years
Down Payment
$115,000 (10%)
Min: 10% (115,000)
Rate
6.0 %
Mortgage Amount
$1,035,000
Mortgage Payment
$6,205
Taxes
$341
Estimated Yoreevo rebate
$20,125
Estimated closing cost
$43,000
Total monthly cost $6,546
Buy your dream home with us and get an estimated $20,125 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Real Broker NY

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