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Single Family House for Sale in Fresh Meadows, New York, Queens, NY 11432 | Web ID: 1033418 | $1,050,000

16414 81st Avenue , Fresh Meadows , NY 11432

 
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Property Description

Welcome To 164-14 81st Ave, Fresh Meadows — A Fully Occupied, Income-producing Single-family Property Offering $7, 600/month In Current Rental Income And An Attractive Real Real 7.8% Cap Rate Based On The Current Asking Price. The Property Generates $91, 200 In Annual Gross Rental Income, With Approximately $6, 450 In Annual Property Taxes And $2, 000 In Annual Insurance Expenses. Electricity, Water, Landscaping Are Paid Directly By The Tenant, Helping Keep The Owner’s Operating Expenses Low. This Well-maintained 5-bedroom Home Features A Spacious First Floor With A Living Room, Eat-in Kitchen, One Bedroom, And Full Bathroom. The Second Floor And Attic Offers Four Additional Bedrooms. The Full Basement Includes A Second Full Bathroom And Provides Flexible Space For Recreation, Storage, Or Other Permitted Uses. Additional Features Include A Private Driveway And One-car Garage. Conveniently Located Near St. John’s University, With Strong Rental Demand And Access To Local Transportation, Shopping, Dining, And Neighborhood Amenities. A Strong Opportunity For Investors Seeking An Income-producing Residential Asset In Fresh Meadows With Substantial Current Rental Income And Favorable Operating Expenses.

Property Information

Location/Town New York
Area/County Queens
Post Office/Postal City Fresh Meadows
Prop. Type Single Family House for Sale
Style A-Frame
Tax $6,370.00
Bedrooms 5
Total Rooms 9
Total Baths 2
Full Baths 2
Year Built 1920
Basement Finished
Construction Frame
Lot SqFt 2,500
Cooling Wall/Window Unit(s)
Heat Source Natural Gas
Util Incl Electricity Available
Days On Market 35
Parking Features Driveway, Garage
Tax Assessed Value 46980
School District Queens 29
Middle School Cambria Heights Academy
Elementary School Ps 131 Abigail Adams
High School Cambria Heights Academy
Features First floor bedroom, first floor full bath
Listing information courtesy of: S10 Realty Group LLC

RealtyDepotNY

Tel: 718-896-0777
Cell: 347-219-2037
Fax: 718-896-7020

 

 

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  • 103-13 Queens Blvd., Forest Hills, NY 11375
  • Email: info@realtydepotny.com
  • Phone: 718-896-0777
  • Fax: 718-896-7020

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