434 Wales Avenue Bronx, NY $ 900,000
434 Wales Avenue
$ 900,000
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434 Wales Avenue

Bronx, NY, 10455
$ 900,000
Bedrooms9 Baths3.0 Sq 2,262

Monthly Estimate*

$ 3,790

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Single Family Home for sale in Bronx, NY

for $900,000 with 9 bedrooms and 3 full baths. This 2,262 square foot home was built in 1931 on a lot size of 0.06 Acre(s).

Asking Price: $950, 000 Square footage is as follows: Interior: First floor: 903 Second floor: 997 Third floor: 692 Total interior: 2592 Exterior: 2100 RE Taxes- $2200 Water/ Sewer- $3200 Gas- $3500 Electric- $1500 Insurance- $2330 Total Expenses- $12, 730 Rent** Apt 1- 2 Bed- $1650/ mo Apt 2- 4 bed- $2400/ mo* Apt 3- 3 bed- $1950/ mo ** All tenants are month to month. 4 bedroom tenant will move out to make a deal Total Income- $72, 000 Tenant in Apt 2 takes out the trash and recycling for a $50 discount per month. Actual rent collected $2350/ mo NOI- $59, 270 Cap Rate- 6.2% Value Add: apartments were renovated within the last 5 years, so value add is achieved by increasing rent to market value. There are also 3 parking spaces in the rear of the building that can be rented. I also think installing solar on the roof would work here, helping to decrease the expenses

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Single Family Active

Price

$ 900,000

Bedrooms

9

Full Bath

3

Property Type

Single Family

Taxes

$ 2,158

Lot Size

0.06 Acre(s)

Year Built

1931

Town/City

Bronx

County/Region

Bronx

MLS | Web ID

H6062007

Features
Interior
Cooling System Window Unit(s)
Heating Source Natural Gas
Heating System Baseboard Hot Water Heater: Gas
Sewer Public Sewer
Water Source Public Water
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Exterior
Garage Other
Parking 3 Car Parking
Siding Aluminum
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* Excluded Features
List By
Andrew Freerks

Listing Agent

Andrew J. Freerks

Broker

Affordability Calculator

$3,969
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,790
Monthly Property Taxes
$180
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 2.99% 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.
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Nearby
Bronx 10 School District
Call Listing Agent Elementary School
Call Listing Agent Middle School
Call Listing Agent High School
Pricing History
DatePricePrice ChangeDescription
10/12/2020$900,000 -2.70% Price Down
9/25/2020$925,000 -2.63% Price Down
8/12/2020$950,000 Listed Price

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434 Wales Avenue, Bronx, NY, 10455 is a Single Family Home for sale at $900,000 with 2,262 sqft and a lot size of 0.06 Acre(s). 434 Wales Avenue has 9 bedrooms, 3.0 baths, and was built in 1931. The property's zip code is 10455 which is in Bronx, NY