432 W William Street, Rye, NY 10573

Nicely maintained, stucco four family home in the heart of Port Chester offers 2-two bedroom, one bath apartments, 1-studio apartment, and the owners duplex apartment which offers an updated eat-in kitchen, updated bath, large living room, two bedrooms, family room, large office, an additional bath and laundry. There are plenty of parking spaces on the property as well as a detached two car garage. The pro-forma rent roll for this property will be over $100,000 per year. $2,500 for the owners apartment (Estimated), $2,000 for each of the 2 bedroom apartments (actual), $1,300 for the Studio (Estimated), $250 for the 2 car garage(Estimated) and $75 per parking space(Estimated). Each tenant is also responsible for their own heating, hot water, gas and electric. Taxes do not reflect NYS STAR school tax exemption. For the investors looking at this property, we are conservatively estimating an 7.4% CAP Rate for this property. :)21