NOT LISTED FOR SALE

Estimated Value: $699,000 - $818,000

5 Beds
3 Baths
1,376 Sq Ft
$547/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $675,000 $491 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,429/month

21 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • 2-minute walk to Ciccarone Park

About This Home

As of February 2022

A spectacular opportunity to purchase a three property portfolio of investment properties producing cashflow and completely occupied with Fordham students. Located blocks away from Arthur ave, fordham college, food markets, restaurants, local transportation as well as the city. This property can be used as a two family or as it's currently being used for college rentals. This duplex is meticulously maintained and well cared for by the landlord as well as the tenants. Large bedrooms, updated bathrooms, granite countertops, freshly painted, and many more. Schedule your tour today. Great opportunity to invest.

Last Agent to Sell the Property

Arber Balidemaj

The Select Team, LLC License #10491213287 Listed on: 10/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,729

Year Built

  • Built in 1901

Lot Details

  • 1,612

Parking

  • On-Street Parking

Home Design

  • 1,376 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 03058-0095

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,729

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: 914-228-2656
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 1376.00
  • Square Footage: 1376.00

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Hot Water: See Remarks
  • Sewer: Sewer
  • Water Source: Public

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 Features: Near Public Transit
  • Parcel Number: 03058-0095
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2022-02-03
  • Tax Annual Amount: 3729.00
  • Tax Map Number: 03058-0095

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 1

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
Oct 22, 2021
Closed on
Feb 2, 2022
Sold by
2457 Hoffman Llc
Bought by
2457 Hoffman Ny Llc
Seller's Agent
Arber Balidemaj
The Select Team, LLC
List Price
$739,999
Sold Price
$675,000
Premium/Discount to List
-$64,999
-8.78%
Current Estimated Value
$752,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,723
Avg. Annual Appreciation
1.99%
Original Mortgage
$612,000
Outstanding Balance
$571,521
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$152,930

Purchase Details

Closed on
Jun 2, 2015
Sold by
Byrne Michael W
Bought by
2457 Hoffman Llc

Purchase Details

Closed on
Sep 21, 2012
Sold by
Reina Andrea
Bought by
Byrne Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,484
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
2457 Hoffman Ny Llc $675,000 --
2457 Hoffman Llc -- --
Byrne Michael W $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2457 Hoffman Ny Llc $74,270
Open 2457 Hoffman Ny Llc $612,000
Previous Owner Byrne Michael W $362,484
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $675,000 -8.8% $491 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $739,999 -- $538 / 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 $4,030 $20,064 $3,634 $16,430
2024 $4,030 $20,063 $3,841 $16,222
2023 $3,856 $18,988 $3,941 $15,047
2022 $3,576 $31,980 $7,260 $24,720
2021 $3,730 $29,160 $7,260 $21,900
2020 $3,539 $32,220 $7,260 $24,960
2019 $3,497 $25,980 $7,260 $18,720
2018 $3,226 $15,823 $4,591 $11,232
2017 $3,043 $14,929 $4,716 $10,213
2016 $2,952 $14,768 $6,292 $8,476
2015 $410 $13,933 $6,101 $7,832
2014 $410 $13,933 $6,505 $7,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6150036

OneKey® MLS

APN: 03058-0095