Property Description for 1067 Intervale Ave
Recently built three-family (built in 2005) in prime Bronx location just four blocks away from the 2 and 5 trains. Tenants have no leases and are month-to-month. Gross Annual income is $61,800. Cap rate: 6%.
Breakdown:
Flr 1: 2BR/1BA - $1400/month
Flr 2: 2BR/1BA - $1500/month
Flr 3: 3BR/1 BA - $2250/month
Operating Expenses (Annual):
Taxes: $6,125/yr
Water: $1500/yr
Heat: $3800/yr