NOT LISTED FOR SALE

Estimated Value: $327,000 - $396,152

4 Beds
2 Baths
1,792 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 28, 2025

Last sale price $366,000 $204 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,386/month

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 Listed on: 07/02/2024

William Raveis Real Estate

Last Buyer's Agent

Simon 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
  • 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
  • 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)

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

  • 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
  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 5153

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Jan 15, 2025
Sold by
Ny Holdings Llc
Bought by
Realtymulti Svcs and Realtymulti Agenci
Seller's Agent
Dominique LaRose
William Raveis Real Estate
Buyer's Agent
Simon Li
Real Broker CT, LLC
List Price
$405,000
Sold Price
$366,000
Premium/Discount to List
-$39,000
-9.63%
Views
68
Current Estimated Value
$370,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,038
Avg. Annual Appreciation
1.28%

Purchase Details

Closed on
Jun 12, 2018
Sold by
Lakhotia Amit
Bought by
Sherman Townhouse Llc

Purchase Details

Closed on
Feb 15, 2018
Sold by
Farmington Properties
Bought by
Lakhotia Amit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2009
Sold by
Jp Morgan Chase Spec M
Bought by
City Prop Llc

Purchase Details

Closed on
Sep 18, 2009
Sold by
Daniel Eric
Bought by
Jp Morgan Chase Spec M

Purchase Details

Closed on
Sep 23, 2003
Sold by
Daniel James W
Bought by
Daniel Eric
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Realtymulti Svcs $366,000 None Available
Realtymulti Svcs $366,000 None Available
Sherman Townhouse Llc $165,000 --
Sherman Townhouse Llc $165,000 --
Lakhotia Amit $175,000 --
Lakhotia Amit $175,000 --
City Prop Llc $65,200 --
City Prop Llc $65,200 --
Jp Morgan Chase Spec M -- --
Jp Morgan Chase Spec M -- --
Daniel Eric $87,000 --
Daniel Eric $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniel Eric $167,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 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 $5,273 $133,840 $34,440 $99,400
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

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24030220

SmartMLS

APN: NHVN-000292-000390-001200