Property Type:
Residential
Bedrooms:
4
Baths:
2
Square Footage:
1,524
Lot Size (sq. ft.):
6,062
Status:
Closed
Current Price:
$104,900
Last Modified:
2/01/2016
Description
Tenant Occupied home leased through 12-31-14 at $800/mo. 4bd/2ba, 1,524 sf single family home. Bright and open Floor Plan with Large Great Room. Master bedroom located downstairs, eat-in kitchen with breakfast bar. Neutral, upgraded carpet and tile and window coverings on all windows. Upgraded covered patio and low maintenance yard. Buyer to verify all measurements, zoning, financials and any item of concern prior to close of escrow. For the Investor: This property is projected to generate total rents of $9,600 less 5% vacancy of -$80 per year, so $9,120 adjusted gross income. Then after projected expenses of $2,979 the NOI is projected to be $6,141. CAP RATE 5.85.
Listing Office: Gerchick Real Estate
Last Updated: February - 01 - 2016
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