Seller's Agent in 2018
Peter Perez
Douglas Elliman Real Estate
(347) 231-8614
52 Total Sales
Estimated Value: $1,191,485 - $1,380,000
ATTENTION ALL INVESTORS AND END USERS!!!!! Incredible opportunity now available in Bed Stuy. Introducing 311 Sumpter St, a legal 2 family home with private outdoor space and 2 OFF STREET PARKING SPACES! The owners duplex is a sprawling 3 bed/2 bath apartment with direct access to your backyard. The 1st floor of the owner's unit is comprised of an entry foyer, living/dining room, an open kitchen layout, 2 bedrooms and direct access to your private deck and backyard. The large living space provides sufficient space for family dining and entertaining. Across from the full bathroom on the first floor is a fully equipped laundry room and home's mechanicals. The top floor is an enormous master bedroom with full en suite bathroom, a large walk-in closet, and additional storage. From an investment perspective, similar 3 bed/2 bath apartments in the neighborhood are renting above $3k/month. The rental apartment is a 2 bed 1 bath apartment with a similar layout to the owner's unit. The rental unit has it's own washer/dryer and separate utilities. The current tenant in the rental unit is paying $1650/month on a month to month basis. The projected cap rate is above 6% including the ever elusive private parking spaces!
Last Agent to Sell the Property
Douglas Elliman Real Estate License #10401260855 Listed on: 07/10/2018
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Drazenovic Navarro Ivo | $825,000 | -- | |
| Drazenovic Navarro Ivo | $825,000 | -- | |
| Hill Marvin | -- | -- | |
| Hill Marvin | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Drazenovic Navarro Ivo | $810,057 | |
| Closed | Drazenovic Navarro Ivo | $810,057 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2018 09/18/18 | Sold | $825,000 | -2.4% | $367 / Sq Ft |
| 08/19/2018 08/19/18 | Pending | -- | -- | -- |
| 07/11/2018 07/11/18 | For Sale | $845,000 | -- | $376 / Sq Ft |
| 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 | $8,370 | $74,400 | $16,920 | $57,480 |
| 2024 | $8,370 | $65,220 | $16,920 | $48,300 |
| 2023 | $7,985 | $71,940 | $16,920 | $55,020 |
| 2022 | $7,404 | $58,860 | $16,920 | $41,940 |
| 2021 | $6,847 | $56,820 | $16,920 | $39,900 |
| 2020 | $3,167 | $51,900 | $16,920 | $34,980 |
| 2019 | $5,824 | $49,920 | $16,920 | $33,000 |
| 2018 | $4,810 | $32,763 | $9,850 | $22,913 |
| 2017 | $4,110 | $30,909 | $9,413 | $21,496 |
| 2016 | $3,464 | $29,160 | $9,441 | $19,719 |
| 2015 | $605 | $29,160 | $9,441 | $19,719 |
| 2014 | $605 | $28,941 | $9,222 | $19,719 |
Seller's Agent in 2018
Peter Perez
Douglas Elliman Real Estate
(347) 231-8614
52 Total Sales
Seller Co-Listing Agent in 2018
Aran Scott
Douglas Elliman Real Estate
(646) 479-8408
175 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10439834
APN: 01521-0061