$366,000
SOLD JAN 28, 2025
4 Beds
2 Baths
1,792 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$204 Per Sq Ft

10% Below List Price

135 Days on Market

Highlights

  • Property is near public transit
  • Smart Appliances
  • Smart Locks
  • 2 Fireplaces
  • Public Transportation
  • Private Driveway

About This Home

As of January 2025

No Additional showings. Final and best offers only. Can send full walkthrough upon request. Turn-Key Profitable Property for Sale Grossing $43,800 annually Welcome to your next lucrative investment! This exceptional turn-key property promises immediate profitability and hassle-free ownership. Property Features: Prime Location: Situated in a highly sought-after neighborhood, this property benefits from excellent foot traffic and proximity to key amenities such as shopping centers, schools, and public transport and Bowen Park and Beaver Pond Park are across the street. Modern Upgrades: Recently renovated, the property boasts modern finishes and ensuring a contemporary and inviting atmosphere. Strong Tenant Base: Currently leased to reliable tenants, this property guarantees a steady income stream from day one. Detailed financials available upon request. Low Maintenance: With all major systems recently updated, including HVAC, plumbing, and electrical, you can enjoy peace of mind and reduced upkeep costs. High ROI: Thanks to its strategic location and turnkey condition, this property offers an excellent return on investment, appealing to both seasoned and first-time investors. Additional Highlights: Ample parking for tenants Energy-efficient windows and insulation Don't miss out on this rare opportunity to own a profitable turn-key property. Schedule your private tour t

Last Agent to Sell the Property

Dominique LaRose

William Raveis Real Estate License #RES.0793571

William Raveis Real Estate

Last Buyer's Agent

Xiaoming Li

Real Broker CT, LLC License #RES.0830697

Real Broker CT, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,153

Year Built

  • Built in 1940

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 2 Fireplaces
  • Concrete Flooring
  • Smart Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Laundry in Basement

Home Security

  • Smart Lights or Controls
  • Smart Locks
  • Smart Thermostat

Parking

  • 1 Car Garage
  • Private Driveway

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Insulation

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Wexler/Grant Elementary School
  • James Hillhouse High School

Utilities

  • Window Unit Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas

Additional Features

  • Modified Wall Outlets
  • Breezeway

Community Details

  • 2 Units
  • Public Transportation
  • Gross Income $43,800

Listing and Financial Details

  • Assessor Parcel Number 1252935

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,153

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1792
  • Total Sq Ft: 1792
  • Year Built: 1940
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • Remarks Public Addendum: Final and best offers. No additional showings bring offered at this time.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: 567 Sherman Parkway is in the heart of Newhallville steps away from Beaver Pond Park and Hillhouse HS.
  • Financing Used: Assumed Conventional
  • Living Area Sq Ft Per Public Record: 1792
  • Street Type: Parkway
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Basement Description: Full, Unfinished, Garage Access, Walk-out, Concrete Floor
  • Laundry Room Location: Basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Home Automation: Appliances, Electric Outlet(s), Lighting, Lock(s), Thermostat(s)
  • Street Number Modifier: 567

Exterior Features

  • Exterior Features: Sidewalk, Breezeway
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Private, Paved
  • Total Parking Spaces: 6
  • Garage And Parking: Under House Garage, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Wexler/Grant
  • Middle School: Per Board of Ed
  • High School: James Hillhouse
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Extra Insulation

Lot Info

  • Acres: 0.18
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: RM2
  • Parcel #: 1252935

Multi Family

  • Gross Annual Income: 43800
  • Net Operating Income: 36000
  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5153
  • Total Assessed Value: 133840
  • Mil Rate Total: 38.5

MLS Schools

  • Elementary School: Wexler/Grant
  • Middle Jr High School: Per Board of Ed
  • High School: James Hillhouse

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold $366,000 +11.2% $204 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
10/28/2024 10/28/24 Price Changed $329,000 -18.8% $184 / Sq Ft
10/21/2024 10/21/24 For Sale $405,000 +10.7% $226 / Sq Ft
10/05/2024 10/05/24 Off Market $366,000 -- --
08/16/2024 08/16/24 Price Changed $405,000 -1.2% $226 / Sq Ft
07/02/2024 07/02/24 For Sale $410,000 -- $229 / Sq Ft
Source: SmartMLS

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
2024 $5,153 $133,840 $34,440 $99,400
2023 $4,979 $133,840 $34,440 $99,400
2022 $5,320 $133,840 $34,440 $99,400
2021 $3,449 $78,610 $27,580 $51,030
2020 $3,449 $78,610 $27,580 $51,030
2019 $3,379 $78,610 $27,580 $51,030
2018 $3,379 $78,610 $27,580 $51,030
2017 $3,041 $78,610 $27,580 $51,030
2016 $2,315 $55,720 $12,250 $43,470
2015 $2,315 $55,720 $12,250 $43,470
2014 $2,315 $55,720 $12,250 $43,470
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $167,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $366,000 None Available
Warranty Deed $366,000 None Available
Warranty Deed $165,000 --
Warranty Deed $165,000 --
Warranty Deed $175,000 --
Warranty Deed $175,000 --
Warranty Deed $65,200 --
Warranty Deed $65,200 --
Foreclosure Deed -- --
Foreclosure Deed -- --
Warranty Deed $87,000 --
Warranty Deed $87,000 --
Source: Public Records

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Source: SmartMLS

MLS Number: 24030220

SmartMLS

APN: NHVN-000292-000390-001200