Buy with Yoreevo
$1,509,850
List Price: $1,515,000
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4429 Carpenter Ave
House in Wakefield •  building info
studio • 5,375ft² $282 per ft²
Buy with Yoreevo

$1,509,850

List Price

$1,515,000

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James McGrath
(212) 365-0151 • 
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Key Details
Days on market
14
Last price change
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Estimated payment
$10,903
Taxes
$2,285
Monthly maintenance
N/A
Description
7-unit multifamily, 5.3% cap rate, fully-occupied and well maintained property located in the Bronx, just two blocks from the 2 / 5 train! This income-generating asset offers a stable and lucrative investment with gross income of $143,000 annually. All units are fully occupied and leased ensuring consistent cash flow with the potential for rent increases. **Unit Mix and Rents:** - **Apt. 1:** $1,546.64 - 1 bedroom - **Apt. 2:** $1,577.93 - 1 bedroom - **Apt. 3:** $1,721.74 - 2 bedroom - **Apt. 4:** $1,962.40 - 1 bedroom - **Apt. 5:** $1,968.71 - 2 bedroom - **Apt. 6:** $1,600.00 - 1 bedroom - **Apt. 7:** $1,548.75 - 1 bedroom Key property features include: - **Recent Improvements:** Recently painted hallways, a repointed brick facade, a roof under 10 years old, a newly installed front walkway, and plans for a new intercom system installation. - **Expenses:** Annual expenses total $62,402.46, broken down as electricity ($960), water ($8,000), heating oil ($26,021.90), and property taxes ($27,420.56). - **Stable Tenancy:** With all units currently occupied the property is already income producing. Ideal for anyone seeking a robust investment in a thriving community. Property sold as-is.

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Building Amenities
Parking Available
History
What it'll cost
Purchase price
$1,515,000
Asking Price: $1,515,000
Term
30 Years
Down Payment
$151,000 (10%)
Min: 10% (151,000)
Rate
6.5 %
Mortgage Amount
$1,363,500
Mortgage Payment
$8,618
Taxes
$2,285
Estimated Yoreevo rebate
$5,150
Estimated closing cost
$54,000
Total monthly cost $10,903
Buy your dream home with us and get an estimated
$5,150 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of eXp Realty

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