308 Beach 86th ST Far Rockaway, NY 11693
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 883404
Bedrooms 8
Full Baths 3
Rental Info No
Year Built 2005
Annual Tax Amount $6,629
Lot Size 4,351 Sqft
Acres 0.0999
Property Sub-Type Triplex
Source onekey2
Property Description
Projected Annual Income:
Two 3-bed units @ $3,877 each ($3,877 x 2 x 12 = $93,048)
One 2-bed unit @ $2,850 ($2,850 x 12 = $34,200)
Total Annual Income = $127,248
Annual Expenses:
Property Taxes = $6,629
Insurance = $3,500
Water, Electric, Misc. = $5,000
Total Annual Expenses = $15,129
Net Operating Income (NOI):
$127,248 - $15,129 = $112,119
Cap Rate:
$112,119 ÷ $1,225,000 = 9.15%
Location
State NY
County Queens
Rooms
Basement Partially Finished
Interior
Interior Features Open Floorplan
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Total Parking Spaces 2
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
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