1665 Palmetto Street, Ridgewood, NY 11385

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,000,000
Days on Market
9
MLS#
1062579
Status
ACTIVE
Property Type
Multi Family
Year Built
1930
Property Tax
$13,132
School District
Contact Agent

Property Description

6 Family Rent Stabilized 9.3% CAP Rate Actual Rent Roll, Legal Rents allow for $1k+ more monthly rent 1L $2,397.12 1R $2,050.00 2L $1,764.20 2R $2,253.77 3L $1,257.61 3R $2,096.27 Monthly Total $11,818.97 Annual $141,828 ANNUAL EXPENSES Real Estate Taxes $17,510 Electricity $973 Insurance $8,390 Water / Sewer $7,995 Heating $7,413 Repairs & Maintenance $5,000 Vacancy $4,255 Total Annual $51,536 Buyers must show proof of funds to tour.

Additional Information

Acres
0.06
Parking
On Street
Basement
Full
Heating
Hot Water
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Public Sewer

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: John P. Bachas (ybachas@amorellirealty.com) from Listing Office: Amorelli Realty LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.