Potential Profit$135,321
This property is no longer available. This property features 8 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Far Rockaway, specifically for Loretta Rd and comparable listings. Based on this expert analysis, the estimated market value is $347,480. This has potential equity of $135,321. If purchased for rental purposes, the monthly rental rate could range between $1,620 and $2,420, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $135,321. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Loretta Rd are updated daily along with others in Far Rockaway, New York, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 4 schools in the area. Nearby schools include Far Rockaway High School and M.S. 53 Brian Piccolo.
There are plenty of activities near this property like Rockaway Library, Rock Hall Museum, and more.
Public transportation options include: A Train - direct access to Manhattan, Q22 Bus - local service around the neighborhood, Q113 Bus - connecting to the subway and other areas. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Beach 20th Street Park, Rockaway Beach Park and more.
Services available in the area include cellular and internet options.
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