64 Stewart Avenue
Hempstead, NY 11550
$680,000
4 beds | 2 baths | 0.06 acres | #3568055
For Sale
Description
5.78 Cap 2 Family Investment property 100% occupied with Section 8 Tenants under the NYS HCR EHV Program. 1st floor tenants have just renewed 1 year lease in May and 2nd floor tenant renewed a 1 year lease in December. Currently the second floor unit is rented for $2700.00 monthly and the first floor unit is rented for $2,400.00 monthly. The annual gross income is $61,200.00 after expenses the NOI is $40,464.47 representing a 5.78 Cap Rate. The 2nd floor tenant pays 100% of their utilities and 1st floor tenant pays their own electric and Landlord pays on average $250.00 monthly for 1st floor tenants gas. 64 Stewart Avenue is a perfect opportunity for an investor to acquire an income-producing asset.
Interior Details
Heating & Cooling
- Heating:Natural Gas, Hot Water
Beds & Baths
- Bedrooms:4
- Bathrooms:2
- Full Baths:2
Property Details
Measurements
- Acres:0.06
Parking
- Parking features:Private, Driveway
- Parking type:Driveway
Construction Details
Type & Style
- Property type:Purchase
- Basement:1
Condition
- Year built:1912
Utilities / Energy Details
Utility
- Sewer information:Public Sewer
- Utility source:Public
- Appliances:Oven, Refrigerator
Community and Neighborhood Details
Location
- School district:Hempstead
- Elementary School:Jackson Annex School
- Middle School:Alverta B Gray Schultz Middle Sch
- High School:Hempstead High School
- County:Nassau
Financial Details
Pricing Details
- Original List Price:$700, 000
- Taxes annual:$14, 453
Other
Source
- MLS #:3568055
Location
Legal
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Last Updated: . Source: ONEKEY
Listing Courtesy
Listing Agent: Barry Clare
Listing Office: Keystone Realty USA Corp
Keller Williams LandmarkAsk Vinny Thompson team
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
Estimated Monthly Payment
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Loan Amount
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