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11715 200th St 2 Unit Apartment Building $1,025,000 ($512,500/Unit) 5.84% Cap Rate Saint Albans, NY 11412
Investment Highlights
- Great Large Backyard
- Granite Countertops and Floor in Kitchen
- Close to Shopping and Commercial Stores
Executive Summary
Welcome to this beautiful investment property location in Saint Albans NY. The Property features a custom brink wall with granite and stainless steel fence on the exterior. The first floor has a 3 Bedroom 1 Bathroom and full size kitchen with black appliances and granite countertops in great condition. With a 1 bedroom apartment on the second floor also in great condition, features a full bathroom and kitchen. The Basement is Fully Finished with 3 good size rooms and two bathrooms. The property features a fully paved concrete big backyard area, with a gazebo and 2 storage sheds, great for entertaining. Fully Rented Turnkey investment property with great returns, close to public transportation and shopping areas.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$60,000
|
$35.34
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$60,000
|
$35.34
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $60,000 |
| Annual Per SF | $35.34 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $60,000 |
| Annual Per SF | $35.34 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,025,000 | Property Subtype | Apartment |
| Price Per Unit | $512,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 5.84% | Building Size | 1,698 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1925/2015 |
| Price | $1,025,000 |
| Price Per Unit | $512,500 |
| Sale Type | Investment |
| Cap Rate | 5.84% |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 1,698 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1925/2015 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,500 | - |
| 3+1 | 1 | $3,500 | - |
1 1
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | 12625-0035 | Improvements Assessment | $16,070 |
| Land Assessment | $6,286 | Total Assessment | $22,356 |
Property Taxes
Parcel Number
12625-0035
Land Assessment
$6,286
Improvements Assessment
$16,070
Total Assessment
$22,356
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11715 200th St
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