Home Sweet Home Properties
Listed by Home Sweet Home Properties
$1,250,000
6163 Horton Avenue
Details
APN 1000-000-005-01433-000-0007
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
NOI $93,780
Year Built 1900
Buildings 1
Acreage 0.170
Parking Spaces spaces
Multifamily | 6 Units
Marketing 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%
Listing Contacts
Home Sweet Home Properties
Listed by Home Sweet Home Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$93,780.00
$7,815.00/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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