NOT LISTED FOR SALE

Estimated Value: $1,176,000 - $1,373,000

7 Beds
2 Baths
3,986 Sq Ft
$314/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $1,050,000 $263 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,977/month

18 Days on Market

Highlights

  • Deck
  • Jogging Path
  • Heating Available
  • Property is near public transit
  • Shops
  • 4-minute walk to Forbes St Playground

About This Home

As of September 2021

Options abound in this massive 2-family. Each unit has a separate entrance and each is on 2 floors. First unit is on the 2nd & 3rd floors with a total of 4 bedrooms, living room, dining room, den, e-i-k, rear deck off kitchen and full bath. 2nd unit is on the first and 3rd floors with huge entry foyer at the foot of the turned spindle staircase to 3rd flr, living room, dining room w original built-in hutch and ornamental fireplace, eat-in-kitchen, large pantry, and rear deck. Both units have laundry in/off the unit and a private rear deck. Currently configured that the only common space is a rear hall and basement. Property to be delivered vacant. Could be restored to a grand dame, converted to condos or the same property (few doors up) was made into a legal 3-family w 1 condo per floor. Fantastic Hyde Square location just a quick stroll to Stony Brook T, Restaurants (The Haven, Oriental de Cuba, Blue Nile, Pikalo), Whole Foods and more! OPEN HOUSE WEDS JULY 7th 4-5:30pm.

Last Agent to Sell the Property

Michaela Hellman

Redfin Corp. Listed on: 07/05/2021

Redfin Corp.

Last Buyer's Agent

Michael Gavrilles

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,236

Year Built

  • Built in 1895

Lot Details

  • 3,049 Sq Ft Lot
  • Sloped Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 3,986 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating Available
  • 60 Amp Service
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $4,200
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number W:19 P:00137 S:000,1348178

Community Details

Recreation

  • Jogging Path

Building Details

  • Insurance Expense $3,250
  • Water Sewer Expense $2,301
  • Operating Expense $16,596
  • Net Operating Income $33,804

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,236

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1895
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Other (See Remarks)), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 3986
  • Stories Total: 4
  • MAIN LO: BB5153
  • LIST PRICE PER Sq Ft: 275.72
  • PRICE PER Sq Ft: 263.42
  • MAIN SO: NB3534

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 60 Amps/Less
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Fee Information

  • Water Sewer Expenses: 2301

Lot Info

  • Parcel Number: W:19 P:00137 S:000,1348178
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3056
  • PAGE: 252

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10236
  • Tax Book Number: 41036

Multi Family

  • Gross Income: 50400
  • Insurance Expense: 3250
  • Net Operating Income: 33804
  • Number Of Units Total: 2
  • Operating Expense: 16596
  • Total Actual Rent: 4200
  • LEVELS 1: 2
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Sep 10, 2021
Sold by
Cain James M
Bought by
Anane Darrell
Seller's Agent
Michaela Hellman
Redfin Corp.
Buyer's Agent
Michael Gavrilles
Redfin Corp.
List Price
$1,099,000
Sold Price
$1,050,000
Premium/Discount to List
-$49,000
-4.46%
Total Days on Market
18
Current Estimated Value
$1,249,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,721
Avg. Annual Appreciation
4.75%
Original Mortgage
$945,000
Outstanding Balance
$867,342
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$382,379

Purchase Details

Closed on
Dec 29, 2006
Sold by
Cain James M and Jenner Nancy M
Bought by
Cain James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Anane Darrell $1,050,000 None Available
Cain James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anane Darrell $20,000
Open Anane Darrell $945,000
Previous Owner Cain James M $230,000
Previous Owner Cain James M $150,000
Previous Owner Cain James M $275,000
Previous Owner Cain James M $230,000
Previous Owner Cain James M $154,000
Previous Owner Cain James M $153,000
Previous Owner Cain James M $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $1,050,000 -4.5% $263 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $1,099,000 -- $276 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $11,871 $1,025,100 $252,500 $772,600
2024 $12,338 $1,131,900 $294,300 $837,600
2023 $11,689 $1,088,400 $283,000 $805,400
2022 $11,447 $1,052,100 $283,000 $769,100
2021 $10,691 $1,002,000 $269,500 $732,500
2020 $10,236 $969,300 $202,200 $767,100
2019 $9,286 $881,000 $158,700 $722,300
2018 $8,627 $823,200 $158,700 $664,500
2017 $8,460 $798,900 $158,700 $640,200
2016 $8,369 $760,800 $158,700 $602,100
2015 $7,312 $603,800 $132,200 $471,600
2014 $6,452 $512,900 $132,200 $380,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72860235

MLS Property Information Network (MLS PIN)

APN: JAMA-000000-000019-000137