$1,100,000
Active
1 days on market
1038 E 224th St
📍 Bronx, Bronx, NY 10466
7.0
Beds
4.0
Baths
2,016
Sqft
$546
Per sqft
1940
Year built
Land
Type
About this property
Prime 3-Family Cash-Flow Investment Opportunity in Wakefield Positioned in the vibrant Bronx neighborhood of Wakefield, 1038 East 224th Street is a versatile 3-family property designed to maximize rental yields. Whether you are looking to expand your portfolio or live in one unit while collecting substantial rent from the others, this property delivers the ideal layout and location. The home features three spacious units—a generous 4-bedroom unit, a comfortable 2-bedroom unit, and an efficient 1-bedroom unit—allowing for a diverse tenant base and minimized vacancy risk. The lower level includes a convenient walk-out unit, perfect for additional storage, recreational space, or u
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Amenities & features
Key facts
Walk out unit
Local retail
Neighborhood parks
Property details
Property typeLand
Listing statusActive
Lot size2,736 sqft
Year built1940
Days on market1 days
MLS #1049290
Estimated monthly payment
Listing price$1,100,000
Down payment (20%)$220,000
Loan amount$880,000
Principal & interest (7%, 30yr)$5,854/mo
Property tax (est.)$1,069/mo
Home insurance (est.)$458/mo
Estimated total$7,381/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.