Buy with Yoreevo
$921,625
List Price: $935,000
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461 Milford Street
Townhouse in East New York •  building info
6bd • 5ba
Buy with Yoreevo

$921,625

List Price

$935,000

photo of agent
James McGrath
(212) 365-0151 • 
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Key Details
Days on market
75
Last price change
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Estimated payment
$5,694
Taxes
Monthly maintenance
N/A
Description
The property is currently being rented, but it can be delivered vacant in July 2024. A great opportunity to own a turnkey investment or a primary residence with an income-producing rental in booming East New York. This semi-detached legal two-family home was fully renovated in 2019 and offers smart layouts and quality finishes throughout. The first-floor apartment is a spacious 3-bedroom, 2-bathroom unit with a large living room, high ceilings, and access to a private backyard and a finished basement. The finished basement features a full-sized windowed bathroom and has access to the backyard, making it an ideal space for additional recreation, a gym, or an office. The second-floor unit is a 3-bedroom, 2-bathroom apartment with high ceilings and a skylight. Currently rented to a great tenant, enjoy the rental income that will assist with mortgage payments. Each unit has separate boilers and water heaters, allowing each apartment to pay for its own heating. The property is located on a residential tree-lined street providing easy access to public transportation, including the A train to Euclid Avenue and the 2, 3, and 4 trains at New Lots Avenue. If both apartments are rented at market value, the investor can enjoy a 6.3% CAP RATE.

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Important Stuff
Pets allowed
Washer/Dryer in unit
Listing Amenities
Hardwood floors
City View
Dishwasher
Garden View
Building Amenities
Fios Available
Outdoor Space
Garden
Courtyard
History
What it'll cost
Purchase price
$935,000
Asking Price: $935,000
Term
30 Years
Down Payment
$93,000 (10%)
Min: 10% (93,000)
Rate
6.5 %
Mortgage Amount
$841,500
Mortgage Payment
$5,319
Taxes
$375
Estimated Yoreevo rebate
$13,375
Estimated closing cost
$27,000
Total monthly cost $5,694
Buy your dream home with us and get an estimated
$13,375 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Brown Harris Stevens

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