Buy with Yoreevo
$1,469,020
List Price: $1,499,000
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241 Beach 118th Street
House in Rockaway Park •  building info
studio • 3,000ft² $500 per ft²
Buy with Yoreevo

$1,469,020

List Price

$1,499,000

Key Details
Days on market
88
Last price change
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Estimated payment
$8,912
Taxes
$385
Monthly maintenance
N/A
Description
HUGE 3 family house on a 40x100 Lot with finished basement with 6 car carport/driveway. THIS IS A CASH COW! This 3 Family house is great for the right investor or user. Also, this property is located in Rockaway Park, Queens which is only: (1) 1 block to the beach, (2) 2 blocks to the subway and great restaurants and (3) Minutes away to the NYC Ferry, which goes to NYC in minutes. All tenants have their own electric meters and pay their own utilities. Seller financing "may" be available for the right buyer. Property was recently renovated. Also, there are 4 levels to this huge house as follows: (1) First floor - has 3 Bedrooms with 2 bathrooms, (2) Second floor has 4 Bedrooms with 2 bathrooms and walk out balcony and slight ocean view, (3) Third Floor has 2 Bedrooms with 1 bathroom Basement Floor separate laundry room for tenants to share. Also, a huge backyard for lounging around or grilling. There is too much to mention, so set up an appt and come see this great CASH COW. Real estate taxes for 2023 were only $4,624, this makes it a very attractive investment. Actual 7.00% CAP and Estimated up to 8.5% CAP, call for details.

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Building Amenities
Garage Parking
Parking Available
Building info

History
What it'll cost
Purchase price
$1,499,000
Asking Price: $1,499,000
Term
30 Years
Down Payment
$149,000 (10%)
Min: 10% (149,000)
Rate
6.5 %
Mortgage Amount
$1,349,100
Mortgage Payment
$8,527
Taxes
$385
Estimated Yoreevo rebate
$29,980
Estimated closing cost
$53,000
Total monthly cost $8,912
Buy your dream home with us and get an estimated $29,980 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of eXp Realty

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