Owner
$545,451
9116 SHORE FRONT PKWY APT 2G, ROCKAWAY BEACH, NY
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
0
baths
0
sq. ft.
1,402
property type
Condominium Unit (Residential)
hoa
Yes
About
Residential
Living Area
6 Stories
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2005
Building Size
1,402 sq ft
Lot Size
0 sq ft
Lot Size (Acres)
—
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
16137-1105
County
Queens County, New York
Metro Area
New York-Newark-Jersey City, NY-NJ
Zoning
R5A
Neighborhood/Subdivision
BEACH HOUSE CONDOS
Lot Number
1105
School District
New York City Department Of Education
Legal Description
—
Tax & Value Information
Market Value (Total)
$97,901
Building Value
$81,800
Land Value
$16,101
Annual Property Tax
$5,490
Tax Assessment Year
2024
Assessed Value
$43,912
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
2/16/2022
Recording Date
2/28/2022
Sales Document #
2022.87243
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$21,106
Return on Investment
15.60%
After Repair Value
$599,996
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$490,906
Renovation Cost
$27,273
Closing Costs (buying)
$9,818
Holding Costs
$14,894
Selling Costs
$36,000
Total Investment
$135,272
After Repair Value (ARV)
$599,996
Total Costs
$578,890
Estimated Profit
$21,106
Cash Invested
$125,454
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area