9-11 St Marks Place
9-11 St Marks Place
$1,000,000
10
5
1
5,390
5,390
$186
Sold 2/17/22
Description
Opportunity awaits. 9-11 Saint Marks Place is your chance to establish passive income. This 19th-century beauty is sprawling with old-world charm-12 foot ceilings, original woodwork and is a total cash cow! This home is situated on almost 9,000 square feet and generates (gross income) $83,550 annually. Expenses are only $27,496.72 annually - netting the current landlord $56,053.28 annually. Potential for a 6.9% cap rate if rents are raised to fair-market value. This home is located in an ''Opportunity...Opportunity awaits. 9-11 Saint Marks Place is your chance to establish passive income. This 19th-century beauty is sprawling with old-world charm-12 foot ceilings, original woodwork and is a total cash cow! This home is situated on almost 9,000 square feet and generates (gross income) $83,550 annually. Expenses are only $27,496.72 annually - netting the current landlord $56,053.28 annually. Potential for a 6.9% cap rate if rents are raised to fair-market value. This home is located in an ''Opportunity Zone'' - great for the ''1031-ers''! Your chance to own a home in the prestigious neighborhood of St. George is here. Invest now while this area is being developed, and you will be glad you did! Call for an appointment to take a tour today.
Amenities
- Private Yard
- Common Garden
- Common Outdoor Space
- Exposed Brick
- Decorative Fireplace
- Fireplace
- Decorative Mouldings
- Built-Ins
Location
LISTING UPDATED: 02/16/2022 08:17 PM
Property Details for 9-11 St Marks Place
Status | Sold |
---|---|
Days on Market | 34 |
Taxes | $962 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 5.5 |
Compass Type | Multi Family |
MLS Type | - |
Year Built | 1872 |
Lot Size | 8,772 SF |
County | Richmond County |
Location
Building Information for 9-11 St Marks Place
Stories3Residences4Year Built1872Building Size45' x 32'Building Sq. Ft4,320 SFLot Size8,772 SFBuilding Age-Building Type-
Payment Calculator
$6,419 per month
The Payment Calculator is for illustrative purposes only.
Property History for 9-11 St Marks Place
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 9-11 St Marks Place
This home is within New York City Geographic District #31.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | PK to 5 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Fort Hill Collaborative Elementary PublicPK to 5 | ||
P.S. 74 Future Leaders Elementary School PublicPK to 5 | ||
P.S. 16 John J Driscoll PublicPK to 5 | ||
Is 61 William A Morris Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.