Nearby Schools
Trinity Elementary SchoolElementary School
Albert Leonard Middle SchoolMiddle School
New Rochelle High SchoolHigh School
Description
Great Investment Opportunity in the heart of New Rochelle! Six (6) recently renovated 2-bedroom apartments plus storage units, garage, long driveway and parking lot for 5+ cars in two (2) side-by-side Duplexes. Approximate square footage for each unit is estimated. Basement has adequate room for installation on washers and dryers/laundry room.
Rental Income (all 2 bedroom/1 bathroom units):
1A $2,376
1B $1,440
2A $1,042
2B $1,910
3A $1,980
3B $2,093
Parking and basement storage rental - $675
Total monthly income - $11,515
Total annual income - $138,180
Expenses,
Taxes - $23,000
Insurance - $7,000
Con Ed, water and fuel ~ $1,200/month
Total annual expenses - $44,440
NOI - $93,740
Cap rate - 7.5%
Location
Listed By
Listing Agent
Renata Staroselsky
Home Sweet Home Properties
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Listing Office: Home Sweet Home Properties
Attribution contact:
914-777-5900
