NOT LISTED FOR SALE

Estimated Value: $1,318,000 - $1,624,000

Studio
-- Bath
4,092 Sq Ft
$352/Sq Ft Est. Value

Last Sold November 06, 2014

Current estimated payment $7,982/month

91 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to Bay 50 Street
  • Garage
  • Community Garden

About This Home

As of November 2014

Attention Investors! Clean Income producing property located in Bath Beach. This cash cow currently produces a 5 cap rate. Features include hardwood floors, ceramic tiles, updated kitchens and bathrooms, detached 3 car garage, private driveway, new windows and new stucco throughout. DonA?A¢t miss this opportunity to own a turn-key investment or a primary residence with great rental income.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Parking

  • Garage

Home Design

  • Pre War Building

Additional Features

  • 2-Story Property
  • Lot Dimensions are 30.0 x 97.0

Community Details

  • Bath Beach Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 12 / 6915

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: Harway Avenue/Cropsey Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Bath Beach
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 30.0 x 97.0

Building Info

  • Total Stories: 2
  • Year Built: 1930

Tax Info

  • Tax Block: 6915
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2014
Closed on
Nov 6, 2014
Sold by
Slavin Albert
Bought by
Sze Mok Wing and Woon Mok Lam
Current Estimated Value
$1,440,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$228,304
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$1,212,347

Purchase Details

Closed on
Nov 20, 2007
Sold by
Gibaldi Louis M and Gibaldi Mary Rose
Bought by
Slavin Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,800
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2003
Sold by
Gibaldi Mary
Bought by
Gibaldi Louis M and Gibaldi Maryrose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sze Mok Wing $925,000 --
Sze Mok Wing $925,000 --
Slavin Albert $749,500 --
Slavin Albert $749,500 --
Gibaldi Louis M -- --
Gibaldi Louis M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sze Mok Wing $300,000
Closed Sze Mok Wing $300,000
Previous Owner Slavin Albert $592,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2014 11/06/14 Sold -- -- --
10/07/2014 10/07/14 Pending -- -- --
07/08/2014 07/08/14 For Sale -- -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,009 $76,440 $15,360 $61,080
2024 $6,009 $87,600 $15,360 $72,240
2023 $5,734 $85,980 $15,360 $70,620
2022 $5,321 $82,980 $15,360 $67,620
2021 $5,292 $69,780 $15,360 $54,420
2020 $2,630 $56,580 $15,360 $41,220
2019 $5,215 $56,580 $15,360 $41,220
2018 $4,796 $23,527 $5,036 $18,491
2017 $4,528 $22,213 $5,704 $16,509
2016 $4,189 $20,956 $4,681 $16,275
2015 $2,308 $20,948 $6,886 $14,062
2014 $2,308 $20,775 $6,829 $13,946
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10085351

Real Estate Board of New York (REBNY)

APN: 06915-0012