$1,299,999
Active
1 days on market
104-18 Jamaica Ave
📍 Richmond Hill, Richmond Hill, NY 11418
—
Studio
1,670
Sqft
$778
Per sqft
1920
Year built
Land
Type
About this property
CALLING ALL INVESTORS! Extremely low property tax and great tenants. Look no further! Excellent opportunity for investors! This fully rented well-maintained brick mixed-use building features a high-visibility store front and TWO residential units with 2 bedrooms and 1bathroom. Fully updated and renovated 6 years ago with new windows, electrical and heating system. Perfectly situated in a high-density area with both foot and vehicle traffic. Tenants enjoy the convenience of separated meters for both gas and electric. Long term and stable tenants already in place, providing immediate rental income from day one with current actual Cap rate of 5.7%. Don't miss this rare opportunity for a stabi
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Amenities & features
Key facts
High density area
Fully updated
Low property tax
Property details
Property typeLand
Listing statusActive
Year built1920
Days on market1 days
MLS #1051627
Estimated monthly payment
Listing price$1,299,999
Down payment (20%)$260,000
Loan amount$1,039,999
Principal & interest (7%, 30yr)$6,919/mo
Property tax (est.)$1,264/mo
Home insurance (est.)$541/mo
Estimated total$8,724/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.