Property

Ownership: For Sale
Type: Unknown
Bedrooms: 4 BR
Bathrooms: 3
Pets: Pets No

Financials

Price:C869,900
($629,894.59)
(€556,394.83)
Annual Taxes:C6,525.99
505 Park Ave, New York, NY 10022

Description

Own this executive Cape Cod-style bungaloft with an income-generating garage loft apartment, offering exceptional value and a significant monthly payment offset. The main home features a thoughtfully designed layout with two bedrooms and a four-piece bath on the main floor, along with a luxurious kitchen that flows seamlessly into a family room with a cozy gas fireplace. Upstairs, the spacious primary suite boasts two walk-in closets and a five-piece ensuite. A convenient corridor connects to the attached two-car garage, where you'll find a laundry area with access to a private, fenced courtyard. Adding to the appeal, the fully separate garage loft apartment is currently leased at $1,850/month, with the tenant covering their own utilities. With 20% down, a 4.0% interest rate, and a 30-year amortization, the estimated mortgage payment is $3,309/month after factoring in rental income and property taxes, you could own this home for approximately $2,000/month. Experience the best of Riverstone's urban design and community living in this unique and versatile property.

Amenities

  • Accessory Apartment
  • Auto Garage Door Remote
  • Family Room
  • Natural Gas
  • Patio
  • Separate Heating Controls
  • Separate Hydro Meter

Own this executive Cape Cod style bungaloft with an income generating garage loft apartment, offering exceptional value and a significant monthly payment offset.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.