NOT LISTED FOR SALE

281 Rugby Rd Brooklyn, NY 11226

Ditmas Park Neighborhood

Estimated Value: $1,819,000 - $2,222,000

8 Beds
3 Baths
3,210 Sq Ft
$617/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $1,800,000 $561 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $11,737/month

Highlights

  • 5,000 Sq Ft lot
  • 3-minute walk to Beverley Road (Q Line)
  • Victorian Architecture
  • Ditmas Junior High school Rated A-
  • Wood Flooring
  • Fenced Yard

About This Home

As of August 2022

Great opportunity to own an oversized, fully detached home on a 50 x 100 lot! Can easily be converted to a duplex with a rental, or to a HUGE one family home! This three family is being delivered vacant in the As-Is condition — let your imagination run wild with ways you can personalize your new home exactly as YOU want it! The first two floors have open porches and three bedrooms each. The top floor has two bedrooms and an eat-in size kitchen. Plus, the large basement with high ceilings is sure to please! All of this AND a very long private drive with a two-car garage surrounded by an oversized yard. The first floor chandelier will not remain. New uninstalled windows in the house will remain. Conveniently located one block from the Q Train, close to stores, school, and a stone's throw from some truly outstanding restaurants. This is the first time this house is being offered on the market and it WILL GO FAST.

Last Agent to Sell the Property

Joseph Madaio

RE/MAX Elite License #062805535354853 Listed on: 12/17/2021

RE/MAX Elite

Last Buyer's Agent

Joseph Madaio

RE/MAX Elite License #062805535354853 Listed on: 12/17/2021

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,682

Year Built

  • Built in 1920

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 100 x 50
  • Fenced Yard
  • Back Yard

Home Design

  • Victorian Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Pitched Roof
  • Siding

Interior Spaces

  • 3,210 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Driveway

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 5145

Community Details

Building Details

  • Fuel Expense $2,000
  • Insurance Expense $1,200

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,682

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Full, Unfinished
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Beds Total Level1: 3
  • Beds Total Level2: 3
  • Beds Total Level3: 2
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1152
  • Building Length: 48.00
  • Building Width: 24.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Beverly
  • Cross Street Name2: Cortelyou
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Negotiate Thru: Broker
  • Number Of Families: 3
  • Parking Attributes: 2 Spaces
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Laundry Area, Refrigerator, Stove
  • Rooms Total Level1: 6
  • Rooms Total Level2: 6
  • Rooms Total Level3: 3
  • Fill Sq Ft Total: 3210
  • Building Stories: 3
  • Street Name I D X: Rugby
  • Street Number I D X: 281
  • Building Style: Victorian
  • Waterfront Present: No
  • Year Built: 1920
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 8
  • Flooring: Hardwood
  • Lot Sq Ft: 5000
  • Total Rooms: 15

Exterior Features

  • Yard: Back, Fenced - Full
  • Exterior Building Type: Detached
  • Construction Type: Wood Frame
  • Exterior: Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 42
  • Roof: Pitched

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 100 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 2000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 50
  • Zoning: R3X

Multi Family

  • Insurance Expense: 1200.00

Tax Info

  • Flip Tax Amount: 4682.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Aug 11, 2022
Sold by
Frank Perri As Executor and Julia Perri As Executor
Bought by
Islam Shahidul
Seller's Agent
Joseph Madaio
RE/MAX Elite
Buyer's Agent
Joseph Madaio
RE/MAX Elite
Sold Price
$1,800,000
Current Estimated Value
$1,980,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,479
Avg. Annual Appreciation
3.19%
Original Mortgage
$1,342,500
Outstanding Balance
$1,284,893
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$695,586
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
Islam Shahidul $1,790,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Shahidul $1,342,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $1,800,000 -- $561 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
Source: Brooklyn Board of REALTORS®

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 $11,357 $162,120 $33,420 $128,700
2024 $11,357 $136,500 $33,420 $103,080
2023 $10,834 $164,700 $33,420 $131,280
2022 $4,395 $134,820 $33,420 $101,400
2021 $4,682 $104,100 $33,420 $70,680
2020 $3,512 $125,640 $33,420 $92,220
2019 $4,270 $130,680 $33,420 $97,260
2018 $3,872 $44,456 $12,319 $32,137
2017 $3,749 $42,301 $13,510 $28,791
2016 $3,607 $42,301 $18,236 $24,065
2015 $1,968 $41,624 $26,923 $14,701
2014 $1,968 $39,269 $24,578 $14,691
Source: Public Records

Agents Affiliated with this Home

  • Joseph Madaio

    Seller's Agent in 2022

    Joseph Madaio

    RE/MAX

    (347) 392-7487

    1 in this area

    42 Total Sales

    Joseph Madaio
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 457852

Brooklyn Board of REALTORS®

APN: 05145-0042

New York Kings County Brooklyn 11226 Ditmas Park

281 Rugby Rd, Brooklyn, NY

This home is located at 281 Rugby Rd, Brooklyn, NY 11226 since 17 December 2021 and is currently estimated at $1,980,479, approximately $616 per square foot. This property was built in 1920. 281 Rugby Rd is a home located in Kings County with nearby schools including P.S. 139 Alexine a Fenty, Ditmas Junior High school, and Success Academy Charter School-Flatbush.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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