+5
View more
- Featured
- Available
Apartment
Bronx (NY), United States
$1,500 per slot
3525 Kings College Pl #1H, Bronx, NY 10467
A mature real estate market with favourable returns.
Average occupancy 83%
Mature real estate where demand never sleeps, with favorable returns.
Projected annual yield 11%
3% from capital appreciation and 8% from average rental income.
Investment duration
Recommended standard 2 - 5 years
Property Overview
This spacious 3-bedroom apartment features new carpeting, new kitchen appliances, and has been freshly painted. Ideally located near major highways, buses, parks, schools, and shops. The large living room opens to the dining area, perfect for gatherings. Enjoy a spacious kitchen with plenty of cabinet storage and breakfast bar. Natural light floods the corner primary bedroom. 2 more bedrooms complete this move-in ready apartment. 6 closets throughout the apartment offer ample in-unit storage. College Gardens offers residents onsite laundry, an outdoor picnic area, a playground, and a recreation room that can be rented for parties.
Financial Details
Total Property Value
$150,000
Price Per Slot
$1,500
Aquisition & Legal Fees (3%)
$4,500
Total Cost Per Slot (incl. fees)
$1,545
Projected Returns
Projected Gross Rent
$12,000 (8% of value)
Management fees (7%)
$840
Operating/Service Expenses (3%)
$360
Projected Net Income
$10,800
Net ROI Per Slot (on $1,500)
11% annually
Additional Details
- Bedroom
- 3
- Bathroom
- 1
- Area
- Int - 1,000 Sq Ft.
Ext -
Location
Bronx NY, United States