Mike Delafrazz Acquires Bronx SFR From Seller Elsa Jimenez For $440K
SOLD
$440,000
New York
See Similar DealsMultiFamily1,992 SF
Sold 01/13/2022
SOLD
Mike Delafrazz Acquires Bronx SFR From Seller Elsa Jimenez For $440K
283 East 163rd Street, The Bronx, New York 10451, United States
See Similar DealsMultiFamily1,992 SF
Sold 01/13/2022
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$220
Total Square Footage:1,992 SF
Transaction Type:Sale
A single-family home located at 283 E 163rd St in Bronx, NY has been sold for $440,000. The property spans 1,992 square feet, resulting in a price per square foot of $221. The transaction took place on 01/13/2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $440,000
- Address: 283 E 163rd St, Bronx, NY
- Market: Bronx, NY
Mike Delafrazz purchased the property from Elsa Jimenez. The deal was facilitated by Bension Abramov from Living Property Group and Andrew Fernandez.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$23,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,563.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,085.82
Annual Debt Service$25,029.89
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