Well maintained legal 2 family home. Fully rented. 7% Cap Rate. Separate utilities (cooking gas, electric, gas heat & gas hot water). Owner pays for water, common area electricity & snow removal. Property requires very little maintenance. Recent updates: Roof 3 yrs old, Windows 4 yrs & Hot Water Tanks 3-7 yrs. Owner provides oven/ranges and refrigerators. Parking for 6 cars. Apt 1: living room, eat-in-kitchen, 3 bedrooms & bath. Apt 2: living room, dining room, kitchen, 2 bedrooms & 2 baths with access to walkup attic which once was the 3rd apartment and contained a living room, eat-in-kitchen, bedroom & bath. Also partially finished walkout basement. Washer/dryer hook-ups in basement. Can remain on landlord's meter or connected to either apartment.
Based on the average sale price from the Middletown, NJ office
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Default based on a 30-year fixed rate of 3.25% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
45 Monhagen Avenue Middletown, NY is a Single Family Home for sale at $250000 with 2339 sqft and a lot size of 10,454 SqFt Acre(s). 45 Monhagen Avenue Middletown has 5 bedrooms, 3 baths and was built in 1895. The property's zip code is 10940 which is in Middletown, NY
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.