NOT LISTED FOR SALE

Estimated Value: $936,000 - $1,082,000

8 Beds
3 Baths
3,360 Sq Ft
$296/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $900,000 $268 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,768/month

106 Days on Market

Highlights

  • Colonial Architecture
  • Window Unit Cooling System
  • Hot Water Heating System
  • Property is near public transit
  • Park
  • Level Lot

About This Home

As of November 2023

Welcome to 1350 Teller Avenue a 3-family house. Perfect for investors looking for a nice cash flow with a monthly income of $7,500. On the first floor, you will find 2-bedroom and a full bathroom with access to the backyard. On the second floor, there is a 3-bedroom with one full bathroom. On the third floor, there is a 3-bedroom with one full bathroom. Each unit has a living room, a formal dining room, and a kitchen. The Tenant pays for the heat and the Landlord pays the water charges.

Last Agent to Sell the Property

Raymond Vasquez

RE/MAX Distinguished Hms.&Prop Brokerage Phone: 718-228-1101 License #40VA1005388 Listed on: 02/20/2023

RE/MAX Distinguished Hms.&Prop

Last Buyer's Agent

Raymond Vasquez

RE/MAX Distinguished Hms.&Prop Brokerage Phone: 718-228-1101 License #40VA1005388 Listed on: 02/20/2023

RE/MAX Distinguished Hms.&Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 2007

Lot Details

  • 1,620 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • 3,360 Sq Ft Home
  • Colonial Architecture
  • Frame Construction
  • Aluminum Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 02782-0086

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,500

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 2007
  • Attribution Contact: 718-228-1101
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: None
  • Total Bedrooms: 8
  • Living Area: 3360
  • SquareFootage: 3360.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 3

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1620
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 02782-0086
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 6500
  • Tax Map Number: 02782-0086
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Nov 29, 2023
Sold by
Jorge Francisco D
Bought by
Teller 26 Assets Llc
Seller's Agent
Raymond Vasquez
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Raymond Vasquez
RE/MAX Distinguished Hms.&Prop
List Price
$999,999
Sold Price
$900,000
Premium/Discount to List
-$99,999
-10%
Views
95
Current Estimated Value
$995,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,510
Avg. Annual Appreciation
4.92%

Purchase Details

Closed on
Dec 31, 2007
Sold by
Fairway Equities Llc
Bought by
Jorge Francisco D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,200
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Teller 26 Assets Llc $900,000 --
Jorge Francisco D $679,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jorge Francisco D $543,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $900,000 -6.9% $268 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $967,007 0.0% $288 / Sq Ft
05/31/2023 05/31/23 Price Changed $967,000 -0.2% $288 / Sq Ft
05/30/2023 05/30/23 Price Changed $969,000 0.0% $288 / Sq Ft
05/19/2023 05/19/23 Price Changed $969,069 -0.1% $288 / Sq Ft
05/11/2023 05/11/23 Price Changed $969,968 0.0% $289 / Sq Ft
05/10/2023 05/10/23 Price Changed $969,969 -0.3% $289 / Sq Ft
05/09/2023 05/09/23 Price Changed $973,007 -0.2% $290 / Sq Ft
05/07/2023 05/07/23 Price Changed $975,001 0.0% $290 / Sq Ft
04/28/2023 04/28/23 Price Changed $975,005 -0.1% $290 / Sq Ft
04/24/2023 04/24/23 Price Changed $976,006 -0.2% $290 / Sq Ft
04/18/2023 04/18/23 Price Changed $977,777 -0.2% $291 / Sq Ft
04/11/2023 04/11/23 Price Changed $979,980 0.0% $292 / Sq Ft
04/04/2023 04/04/23 Price Changed $979,990 0.0% $292 / Sq Ft
03/31/2023 03/31/23 Price Changed $979,995 0.0% $292 / Sq Ft
03/29/2023 03/29/23 Price Changed $979,999 -2.0% $292 / Sq Ft
03/27/2023 03/27/23 Price Changed $999,990 0.0% $298 / Sq Ft
03/06/2023 03/06/23 Price Changed $999,995 0.0% $298 / Sq Ft
02/25/2023 02/25/23 Price Changed $999,996 0.0% $298 / Sq Ft
02/23/2023 02/23/23 Price Changed $999,998 0.0% $298 / Sq Ft
02/20/2023 02/20/23 For Sale $999,999 -- $298 / Sq Ft
Source: OneKey® MLS

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 $6,820 $35,992 $5,306 $30,686
2024 $6,820 $33,955 $5,061 $28,894
2023 $6,551 $32,256 $4,881 $27,375
2022 $6,439 $56,040 $8,880 $47,160
2021 $6,682 $51,420 $8,880 $42,540
2020 $6,349 $44,460 $8,880 $35,580
2019 $5,919 $36,420 $8,880 $27,540
2018 $5,479 $26,880 $8,880 $18,000
2017 $5,541 $27,180 $8,880 $18,300
2016 $5,290 $26,460 $8,880 $17,580
2015 $3,867 $24,994 $7,052 $17,942
2014 $3,867 $23,580 $7,500 $16,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6233627

OneKey® MLS

APN: 02782-0086