Buy with Yoreevo
$1,462,832
List Price: $1,488,888
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5917 Putnam Avenue
House in Ridgewood •  building info
7bd • 2ba • 1,883ft² $791 per ft²
Buy with Yoreevo

$1,462,832

List Price

$1,488,888

Key Details
Days on market
12
Last price change
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Estimated payment
$8,699/mo
Taxes
$665/mo
Maintenance
N/A
Description
Discover the perfect combination of space and investment potential in this classic brick two-family home. Spanning a generous 2,200 total square feet (20x55 Building Size), this property is an exceptional find for an end-user looking to live in one unit while collecting high-market rent from the other, or for an investor seeking a turnkey asset in a high-demand neighborhood. With annual property taxes of approximately $7,985, this home offers a stable and attractive financial profile. The residence is designed with expansive railroad-style layouts that maximize every inch of living space. The first-floor apartment is configured as a 3-bedroom with a large living room and provides the exclusive benefit of a private backyard, ideal for outdoor dining, gardening, or a peaceful retreat. The second-floor apartment offers an even larger 4-bedroom layout with a central living room, providing incredible flexibility for tenants or a growing household. Complementing both units is an open basement featuring high ceilings and separate street-level access, potential for a home gym, workshop, or extensive storage. Located in a vibrant section of Ridgewood, the home is surrounded by local convenience and culture. You are just a short walk from a diverse array of neighborhood cafes, restaurants, and grocery stores. Commuting is effortless with the M and L subway lines nearby, alongside several local bus routes including the B38, Q39, and Q54, ensuring a quick and easy connection to Manhattan and throughout Brooklyn and Queens.

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Home features
Hardwood floors
Building amenities
Services and facilities
Fios Available
Parking Available
Building info

History
What it'll cost
Purchase price
$1,488,000
Asking Price: $1,488,888
Term
30 Years
Down Payment
$148,000 (10%)
Min: 10% (148,000)
Rate
6.0 %
Mortgage Amount
$1,339,999
Mortgage Payment
$8,034
Taxes
$665
Estimated Yoreevo rebate
$26,056
Estimated closing cost
$54,000
Total monthly cost $8,699
Buy your dream home with us and get an estimated $26,056 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Mitra Hakimi Realty Group

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