Walk to New Rochelle Railroad from this brick four family which offers three-six room apartment on the second, third, and fourth floors and one-five room apartment on the first floor. The current rent roll of $89,040 is under current market conditions. Rent roll with renovations can top $127,000, an average of $2750 for the four bedroom units and $2350 for the first floor three bedroom unit. You can own this home with 25% down payment for $5,030 per month assuming an interest rate of 4.5%, 30 years fixed, current taxes of $20,172 and insurance of $6,154 per year. The monthly utilities including heat, water, hot water and electric is approximately $1,560 per month.
*Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit.
Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and
property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers.
Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.