NOT LISTED FOR SALE

Estimated Value: $444,000 - $734,000

4 Beds
2 Baths
1,695 Sq Ft
$334/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $279,000 $165 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,819/month

56 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Balcony
  • New Rochelle High School Rated A-
  • Wood Flooring
  • 3-minute walk to Glen Island Park

About This Home

As of February 2016

Great investment property with $18k cash flow and 7% Cap Rate. Or live rent free and have tenants pay your mortgage. This multi-family home consists of two 2 bedroom apartments both with outdoor space. The location is great... close to shops, schools and transportation.

Last Agent to Sell the Property

Melba Herrera

Coldwell Banker Realty Brokerage Phone: 914-576-1112 License #10401205383 Listed on: 10/07/2015

Last Buyer's Agent

Melba Herrera

Coldwell Banker Realty Brokerage Phone: 914-576-1112 License #10401205383 Listed on: 10/07/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,764

Year Built

  • Built in 1885

Lot Details

  • 2,657 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Aluminum Siding
  • Block Exterior

Interior Spaces

  • 1,695 Sq Ft Home
  • Wood Flooring
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Jefferson Elementary School
  • Isaac E Young Middle School
  • New Rochelle High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1000-000-002-00488-000-0010

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,764

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1885
  • Attribution Contact: 914-576-1112
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 4
  • Living Area: 1695
  • Owner Pays: Insurance
  • SquareFootage: 1695.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Block, Aluminum Siding, Shingle Siding
  • Exterior Features: Balcony
  • Patio and Porch Features: Patio, Porch

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: 1

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 1480
  • AdditionalFeesYN: 0

Schools

  • Middle School: Isaac E Young Middle School

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0610
  • Lot Size Sq Ft: 2657
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1000-000-002-00488-000-0010
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 3300
  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 6764
  • Tax Map Number: 1000-000-002-00488-000-0010

MLS Schools

  • Elementary School: Jefferson School
  • High School: New Rochelle High School
  • Middle School District: New Rochelle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Feb 25, 2016
Sold by
Coschigano Anthony and Coschigano Carol
Bought by
Gao Zhiquan and Tan Zhen
Seller's Agent
Melba Herrera
Coldwell Banker Realty
Buyer's Agent
Melba Herrera
Coldwell Banker Realty
List Price
$279,000
Sold Price
$279,000
Current Estimated Value
$566,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,610
Avg. Annual Appreciation
7.73%
Original Mortgage
$209,000
Outstanding Balance
$166,635
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$399,975
Source: Public Records

Range of Values:

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Average Value
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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
Gao Zhiquan $279,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao Zhiquan $209,000
Previous Owner Coschigano Anthony $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold $279,000 0.0% $165 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $279,000 -- $165 / 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
2024 $8,860 $5,850 $1,600 $4,250
2023 $7,813 $5,850 $1,600 $4,250
2022 $8,322 $5,850 $1,600 $4,250
2021 $8,246 $5,850 $1,600 $4,250
2020 $6,903 $5,850 $1,600 $4,250
2019 $7,302 $5,850 $1,600 $4,250
2018 $6,548 $5,850 $1,600 $4,250
2017 $1,787 $5,850 $1,600 $4,250
2016 $6,770 $5,850 $1,600 $4,250
2015 -- $5,850 $1,600 $4,250
2014 -- $5,850 $1,600 $4,250
2013 -- $5,850 $1,600 $4,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4544363

OneKey® MLS

APN: 1000-000-002-00488-000-0010