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5924 Putnam, Ridgewood, NY 11385

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For Sale
Foreclosure

$2,050,000

13 beds • 11 baths • 5,300 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Townhouse
    Property type

  • $386.79
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Prime Investment Opportunity! Multi-Unit Property in Ridgewood, NY (Ridgewood) High-Income Investment Opportunity in Ridgewood Strong Income Potential This well-maintained 11-unit building generates a gross annual income of $184,000, with a net operating income (NOI) of $135,000, ensuring solid returns for investors. A consistently occupied property with a reliable rent roll, offering low vacancy rates and steady cash flow. Prime Ridgewood Location! Located in a highly sought-after neighborhood, this property provides easy access to public transit, shopping, dining, and community amenities, enhancing its long-term desirability. Financial Overview: Annual Expenses: $49,000 (including utilities, taxes, insurance, and maintenance). Competitive Cap Rate: A strong return based on market value, making it an excellent long-term investment. Turn-Key Investment with Upside Potential This property is a perfect addition to any real estate portfolio, offering consistent cash flow, minimal vacancies, and future appreciation potential. Whether you're an experienced investor or looking to acquire a high-performing asset, this opportunity is not to be missed! ?? Call today to schedule a viewing or request more details!
MLS# 824502

Courtesy Of Keller Williams Landmark II

(347) 846-1200

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Range - Gas, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Rooms
    Basement

Map and Directions

Directions to 5924 Putnam, Ridgewood, NY 11385

Home seller CENTURY 21 Amiable Realty Group II

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Amiable Realty Group II

(718) 835-4700
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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