NOT LISTED FOR SALE

Estimated Value: $1,112,000 - $1,266,000

8 Beds
3 Baths
4,977 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $999,999 $201 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,836/month

50 Days on Market

Highlights

  • 0.09 Acre Lot
  • 5-minute walk to Nereid Avenue
  • Wood Flooring
  • Colonial Architecture
  • Property is near public transit
  • Formal Dining Room

About This Home

As of January 2022

Great money making 3 family house in the Bronx. Excellent condition. Newer roof, front patio, stucco, exterior painting, granite tiles outside on patio & walkways & stairs. 1st & 2nd floor are both spacious 3BR units. 3rd floor has 2BRs. Basement studio is currently occupied by a family member. Cash flow positive on day 1. 3rd floor long-term tenant (month-to-month) sweeps & takes out the garbage for a $100 monthly discount. 2nd floor tenant is also a long-term tenant.

Last Agent to Sell the Property

Ignazio Cullaro

Grand Lux Realty, Inc. License #40CU1131708 Listed on: 05/31/2021

Co-Listed By

Michael Levy

eXp Realty License #31LE1164480

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1925

Lot Details

  • 4,060 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Tri-Level Property
  • Frame Construction
  • Stucco

Interior Spaces

  • 4,977 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

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

Utilities

  • No Cooling
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 05044-0060

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial, Trilevel
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 914-273-9688
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Pantry
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 4977.00
  • Square Footage: 4977.00

Exterior Features

  • Construction Materials: Frame, Stucco
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 3.00
  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0900
  • Lot Size Sq Ft: 4060.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 05044-0060
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-07-20
  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2022-01-28
  • Included in Taxes: Trash
  • Tax Annual Amount: 7000.00
  • Tax Map Number: 05044-0060

Multi Family

  • Fuel Expense: 4000.00
  • Units Total: 3
  • Two Bedrooms: 1
  • Three Bedrooms: 2
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

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
May 31, 2021
Closed on
Jan 28, 2022
Sold by
Cullaro Ignazio and Cullaro Maria
Bought by
Rodriguez Casto F
Seller's Agent
Ignazio Cullaro
Grand Lux Realty, Inc.
List Price
$1,050,000
Sold Price
$999,999
Premium/Discount to List
-$50,001
-4.76%
Current Estimated Value
$1,192,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,380
Avg. Annual Appreciation
4.51%
Original Mortgage
$749,999
Outstanding Balance
$697,601
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$494,778

Purchase Details

Closed on
Feb 15, 1994
Sold by
Cullaro Umberto
Bought by
Cullaro Ignazio and Cullaro Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Casto F $999,999 --
Cullaro Ignazio -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Casto F $749,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $999,999 0.0% $201 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/20/2021 07/20/21 Off Market $999,999 -- --
05/31/2021 05/31/21 For Sale $1,050,000 -- $211 / Sq Ft
Source: OneKey® MLS

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 $7,588 $40,045 $5,689 $34,356
2024 $7,588 $37,778 $6,393 $31,385
2023 $7,238 $35,640 $5,592 $30,048
2022 $6,799 $56,880 $10,620 $46,260
2021 $7,167 $59,220 $10,620 $48,600
2020 $7,064 $51,660 $10,620 $41,040
2019 $6,586 $41,640 $10,620 $31,020
2018 $6,054 $29,700 $10,620 $19,080
2017 $5,785 $28,380 $10,620 $17,760
2016 $6,669 $33,360 $10,620 $22,740
2015 $4,298 $33,540 $10,200 $23,340
2014 $4,298 $32,220 $10,200 $22,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6120569

OneKey® MLS

APN: 05044-0060