Buy with Yoreevo
$1,527,787
List Price: $1,555,000
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4383 Matilda Avenue
House in Wakefield •  building info
studio • 2,500ft² $622 per ft²
Buy with Yoreevo

$1,527,787

List Price

$1,555,000

Key Details
Listed today
Last price change
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Estimated payment
$10,853/mo
Taxes
$2,462/mo
Maintenance
N/A
Description
Prime Wakefield Investment — 7-Unit Income-Producing Property Near Transit. Exceptional opportunity to own a brick 3-story multifamily building in the Wakefield section of the Bronx—one of the city's strongest and most consistent rental markets. 7 total income-generating units, including: • Five 2-bedroom apartments • One 1-bedroom apartment • Bonus 2-bedroom unit in the basement Perfect for investors seeking strong cash flow, portfolio expansion, or owner-occupants looking to offset living costs with rental income. • Gross Rental Income: $169,020 annually • Total Expenses: $58,427.72 • Net Operating Income (NOI): $110,592.28 • Cap Rate: ~7.1% • GRM (Gross Rent Multiplier): ~9.2 Major capital improvements completed (boiler, roof, gas lines, oil tanks). Just 2 blocks from the Nereid Ave / White Plains Rd station (2 & 5 trains), offering a quick and convenient commute throughout NYC. Surrounded by local shops, restaurants, schools, and public transportation, making it extremely attractive to tenants.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,555,000
Asking Price: $1,555,000
Term
30 Years
Down Payment
$155,000 (10%)
Min: 10% (155,000)
Rate
6.0 %
Mortgage Amount
$1,399,500
Mortgage Payment
$8,391
Taxes
$2,462
Estimated Yoreevo rebate
$27,213
Estimated closing cost
$56,000
Total monthly cost $10,853
Buy your dream home with us and get an estimated $27,213 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of At Home With Yara Realty

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