NOT LISTED FOR SALE

Estimated Value: $1,480,313

10 Beds
6 Baths
5,240 Sq Ft
$283/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $1,200,000 $229 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $10,434/month

103 Days on Market

Highlights

  • Hot Water Heating System
  • New Rochelle High School Rated A-
  • Level Lot

About This Home

As of December 2022

Brick 8 family building less than 10 blocks to the New Rochelle train station offers seven (7) one bedroom/one bath apartments and one (1) three bedroom/one bath apartment. This three-story brick building also offers wide, clean and bright hallways, an intercom system, eight parking spaces, a three year old roof and an above ground oil tank. The current rent roll is $128,000 per year. The current expenses including taxes, heat, hot water, insurance, electric, maintenance, exterminator and property tax is $51,000 per year. The net income is $77,000 and the CAP rate is 5.65%. This building will not last, call us today!

Last Agent to Sell the Property

P. Anthony Marciano

Century 21 Marciano License #37MA1101672 Listed on: 04/20/2022

Century 21 Marciano

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,186

Year Built

  • Built in 1905

Lot Details

  • 5,506 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,240 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway
  • Parking Lot

Schools

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

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 1000-000-004-01340-000-0155

Community Details

Overview

  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,186

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1905
  • Attribution Contact: 914-235-4996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Basement: Full
  • Total Bedrooms: 10
  • Living Area: 5240.00
  • Square Footage: 5240.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 8.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Parking Lot

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 3500.00
  • Other Expense: 1960.00

Schools

  • Elementary School: Columbus Elementary School
  • Middle School: Isaac E Young Middle School
  • High School: New Rochelle High School
  • Middle School: Isaac E Young Middle School

Lot Info

  • Lot Size Acres: 0.1300
  • Lot Size Area: 0.1300
  • Lot Size Sq Ft: 5506.00
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 1000-000-004-01340-000-0155
  • Property Attached: No

Tax Info

  • Close Date: 2022-12-16
  • Tax Annual Amount: 29186.00
  • Tax Map Number: 1000-000-004-01340-000-0155

Multi Family

  • Fuel Expense: 10500.00
  • Units Total: 8
  • 1 Bedrooms: 7
  • Three Bedrooms: 1
  • Separate Electric Meters: 9
  • Separate Gas Meters: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Nov 14, 2022
Sold by
226 Webster Realty Corp
Bought by
224 228 Webster Llc
Seller's Agent
P. Anthony Marciano
Century 21 Marciano
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Views
117
Current Estimated Value
$1,480,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,313
Avg. Annual Appreciation
7.59%
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
224 228 Webster Llc $1,200,000 Trinity Abstract Llc
224-228 Webster Llc $1,200,000 Trinity Abstract
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $1,200,000 -11.1% $229 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $1,350,000 0.0% $258 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $1,350,000 -- $258 / 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 $31,768 $20,150 $3,450 $16,700
2023 $28,075 $20,150 $3,450 $16,700
2022 $29,712 $20,150 $3,450 $16,700
2021 $29,380 $20,150 $3,450 $16,700
2020 $24,664 $20,150 $3,450 $16,700
2019 $25,152 $20,150 $3,450 $16,700
2018 $23,234 $20,150 $3,450 $16,700
2017 $6,838 $20,150 $3,450 $16,700
2016 $23,319 $20,150 $3,450 $16,700
2015 $19,938 $20,150 $3,450 $16,700
2014 $19,938 $20,150 $3,450 $16,700
2013 $19,938 $20,150 $3,450 $16,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6179875

OneKey® MLS

APN: 1000-000-004-01340-000-0155