NOT LISTED FOR SALE

Estimated Value: $827,962 - $993,000

5 Beds
2 Baths
3,393 Sq Ft
$260/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $645,000 $190 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,416/month

Highlights

  • Deck
  • Wood Flooring
  • Granite Countertops
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Balcony

About This Home

As of December 2020

Investor's delight!! Fully detached huge 2 family home with an attached 2 car garage , located in the Baychester section of the Bronx, directly off Eastchester Road, one block from the Popular Boston Post Road(US 1). Designed for a huge family, this great income-producer consists of recently renovated 3 bedroom apartment on the First floor(owner's unit), and another similar 3 bedroom apartment on the second floor. Each unit comes equipped with 3 big bedrooms, each with walk-in closets, large living room, Full bathroom and formal eat-in Kitchen with a big pantry and leads to a private rear balcony. Attic is walk-up, fully finished and well insulated with separate entrance, full bath and a window. Basement is walk-out, full, finished with 2 bedroom apartment. The income generating index for this property is very high and you can only be convinced by viewing it today. Total income on the 2nd unit alone is $2,800 monthly. separate electric and gas meters for both units and one gas boiler that can easily be converted to 2. Backyard is beautiful, paved and fenced-in, very suitable for family recreation and entertainment. 2 car attached garage and 1 car driveway(3 car Private Parking).Opportunity Knocks, make this detached Property in a nice neighborhood yours today, while making a huge income on the second unit at same time.

Last Agent to Sell the Property

Danny Agboh

Charles Rutenberg Realty, Inc. License #10301207017 Listed on: 06/29/2020

Charles Rutenberg Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,393

Year Built

  • Built in 1910

Lot Details

  • 2,374 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,393 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit

Utilities

  • No Cooling
  • 4 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04725-0025

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,393

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse, 2 Story
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: 718-994-4002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 3393.00
  • Square Footage: 3393.00

Exterior Features

  • Construction Materials: Brick, Frame, Vinyl Siding
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway, Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 4
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Size Sq Ft: 2374.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04725-0025
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2020-12-18
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 6393.00
  • Tax Map Number: 04725-0025

Multi Family

  • Fuel Expense: 800.00
  • Units Total: 2
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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
Jun 29, 2020
Closed on
Dec 18, 2020
Sold by
Coleman Esther
Bought by
Hakim Wajied and Ramdial Faheman
Seller's Agent
Danny Agboh
Charles Rutenberg Realty, Inc.
List Price
$649,999
Sold Price
$645,000
Premium/Discount to List
-$4,999
-0.77%
Current Estimated Value
$882,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,241
Avg. Annual Appreciation
7.16%
Original Mortgage
$532,000
Outstanding Balance
$476,981
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$414,448

Purchase Details

Closed on
Jun 17, 2019
Sold by
Agbavitor Erika S and Agbavitor Grace M
Bought by
Coleman Esther

Purchase Details

Closed on
Nov 25, 2005
Sold by
Agbavitor William and Twumasi-Ankran Prince
Bought by
Agbavitor William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
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
Hakim Wajied $665,000 --
Hakim Wajied $665,000 --
Coleman Esther -- --
Coleman Esther -- --
Agbavitor William -- --
Agbavitor William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hakim Wajied $532,000
Closed Hakim Wajied $532,000
Previous Owner Agbavitor William $204,262
Previous Owner Agbavitor William $33,500
Previous Owner Agbavitor William $6,609
Previous Owner Agbavitor William $3,500
Previous Owner Agbavitor William $31,559
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $645,000 -3.0% $190 / Sq Ft
08/24/2020 08/24/20 Price Changed $665,000 +2.3% $196 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $649,999 -- $192 / 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 $7,306 $37,930 $5,755 $32,175
2024 $7,306 $36,374 $4,999 $31,375
2023 $7,360 $36,241 $4,902 $31,339
2022 $6,825 $52,920 $7,620 $45,300
2021 $6,788 $49,140 $7,620 $41,520
2020 $6,690 $42,540 $7,620 $34,920
2019 $6,341 $41,580 $7,620 $33,960
2018 $5,859 $30,201 $6,457 $23,744
2017 $5,508 $28,492 $6,404 $22,088
2016 $5,064 $26,880 $7,620 $19,260
2015 $3,159 $26,340 $8,460 $17,880
2014 $3,159 $25,260 $8,460 $16,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6026322

OneKey® MLS

APN: 04725-0025