NOT LISTED FOR SALE

56 Prospect Ave East Rockaway, NY 11518

Estimated Value: $737,446 - $864,000

1 Bed
1 Bath
1,380 Sq Ft
$580/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $560,000 $406 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,512/month

Highlights

  • Window Unit Cooling System
  • Park
  • Heating System Uses Steam

About This Home

As of March 2024

Welcome to 56 Prospect Avenue. Nestled In The Heart Of East Rockaway. This Versatile Legal 2 Family Has A Lot To Offer! Whether Its Amazing Rental Income, In-home Office Or A Spectacular Single Family Home, This Homes Got It All! Polished Hardwood Floors All Through Drenched In Natural Light, Wood Burning Fire Place, Updated Bathrooms & Granite EIK, Coffered Ceilings, Full Finished Basement W/ 8ft Ceilings. 3 Car Garage With An Extra Long Drive Way! NO FLOOD INSURANCE REQUIRED!, Additional information: Appearance:Pristine,Business Located At:,Rental Income:,Separate Hotwater Heater:Yes

Last Agent to Rent the Property

Tammy Banks

CenterCalm Realty Inc Brokerage Phone: 718-978-6218 License #31BA1107917 Listed on: 01/14/2024

Last Renter's Agent

Tammy Banks

CenterCalm Realty Inc Brokerage Phone: 718-978-6218 License #31BA1107917 Listed on: 01/14/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,891

Year Built

  • Built in 1920 | Remodeled in 2024

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 56x135
  • No Common Walls

Parking

  • Driveway

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • East Rockaway Junior-Senior High Sch Middle School
  • East Rockaway Junior-Senior High Sch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Rent includes all utilities, electricity, gas, ground care, heat, hot water, sewer
  • Assessor Parcel Number 2005-38-519-00-0043-0

Community Details

Overview

  • Association fees include electricity, gas, ground maintenance, heat, hot water, sewer

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,891

Year Built

Built in 1920 | Remodeled in 2024

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Rent Includes: All Utilities, Electricity, Gas, Ground Care, Heat, Hot Water, Sewer
  • Available Date: 2024-01-13
  • LegalRentalYN: 1
  • SmokingYN: 0
  • WholeHouseRentalYN: 0

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Multi Family
  • Property SubType: Multi Family
  • Property Condition: Good
  • Levels: One
  • Year Built: 1920
  • New Construction: No
  • Year Built Effective: 2024
  • Attribution Contact: 718-978-6218
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Basement: None
  • Stories: 2
  • Entry Level: 2
  • Total Bedrooms: 1

Exterior Features

  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • HOA Fee Includes: Electricity, Gas, Maintenance Grounds, Heat, Hot Water, Sewer
  • Senior Community: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: East Rockaway Junior-Senior High Sch

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 56x135
  • Lot Size Sq Ft: 7000
  • Lot Size Units: Acres
  • Parcel Number: 2005-38-519-00-0043-0
  • Property Attached: No
  • ResoLotSizeUnits: Acres

MLS Schools

  • High School: East Rockaway Junior-Senior High Sch
  • Middle School District: East Rockaway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2022
Sold by
Izaguirre Lenny
Bought by
Bogle Orlando Saint Aubyn
Current Estimated Value
$800,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,777
Outstanding Balance
$695,401
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$105,322

Purchase Details

Closed on
May 14, 2021
Sold by
Izaguirre Lenny and Palma Siulma Alejandra
Bought by
Izaguirre Lenny
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
Bogle Orlando Saint Aubyn $730,000 Wfg National Title Ins Co
Izaguirre Lenny -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogle Orlando Saint Aubyn $716,777
Previous Owner Izaguirre Lenny $559,675
Previous Owner Reina Sanders $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $560,000 -- --
03/15/2024 03/15/24 Rented $2,050 0.0% --
02/12/2024 02/12/24 Price Changed $2,050 +2.5% $1 / Sq Ft
01/31/2024 01/31/24 Price Changed $2,000 -9.1% $1 / Sq Ft
01/14/2024 01/14/24 For Rent $2,200 0.0% --
08/17/2020 08/17/20 Sold $560,000 -3.3% $406 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $579,000 -- $420 / 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 $1,891 $525 $228 $297
2024 $1,891 $501 $218 $283
2023 $11,265 $525 $228 $297
2022 $11,265 $525 $228 $297
2021 $15,088 $497 $221 $276
2020 $8,524 $469 $345 $124
2019 $1,252 $502 $346 $156
2018 $1,279 $536 $0 $0
2017 $6,232 $569 $348 $221
2016 $7,531 $603 $332 $271
2015 $1,425 $636 $312 $324
2014 $1,425 $636 $312 $324
2013 $1,397 $670 $329 $341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3525559

OneKey® MLS

APN: 2005-38-519-00-0043-0