Seller's Agent in 2024
Alexander Galvez
Century 21 Galvez
(646) 326-3146
3 in this area
93 Total Sales
618 Mead St Bronx, NY 10460
Van Nest NeighborhoodEstimated Value: $1,125,000 - $1,304,000
11
Beds
7
Baths
3,060
Sq Ft
$396/Sq Ft
Est. Value
Highlights
- 0.06 Acre Lot
- Park
- 2-minute walk to Van Nest Park
- Property is near public transit, schools, and shops
- Baseboard Heating
About This Home
As of July 2024Introducing an outstanding investment opportunity in the vibrant Bronx neighborhood. Built in 2009, this impressive property spans 3,060 square feet, comprising three separate units, each with three bedrooms and two bathrooms. Additionally, a finished basement with two bedrooms adds to its rental potential.
Tenants enjoy the convenience of paying for all utilities, including heat, hot water, and electricity. The property's solid brick construction ensures durability and low maintenance costs over time.
Strategically located near transportation hubs and major shopping centers, this property offers accessibility and convenience to residents. Its proximity to amenities attracts quality tenants, contributing to high occupancy rates.
With limited space for new construction in the Bronx, owning this property presents a unique opportunity for long-term appreciation and stability. Furthermore, the property fosters a community atmosphere, with respectful and friendly tenants adding to its appeal as a solid investment.
Don't miss out on this chance to secure a lucrative income-producing property in one of New York City's most dynamic boroughs. Contact us today to schedule a viewing and seize this exceptional investment opportunity.
Last Agent to Sell the Property
Century 21 Galvez Brokerage Phone: (718) 409-6300 License #10491210468 Listed on: 05/14/2024
Last Buyer's Agent
Non Non Member-MLS
Non-Member MLS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,059
Year Built
- Built in 2009
Lot Details
- 2,500
Home Design
- Quadruplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 11 Bedrooms
- 7 Full Bathrooms
Parking
- 1 Parking Space
- Driveway
Schools
- Contact Agent Elementary And Middle School
- Contact Agent High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- 2,500 Sq Ft Lot
- Property is near public transit, schools, and shops
- Finished Basement
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 04026-0008
Community Details
Overview
- 4 Units
Recreation
- Park
Building Details
- 4 Separate Electric Meters
- 3 Separate Gas Meters
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2024
Closed on
Jul 19, 2024
Sold by
Bought by
Seller's Agent
Alexander Galvez
Century 21 Galvez
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$1,200,000
Sold Price
$1,167,500
Premium/Discount to List
-$32,500
-2.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,852
Avg. Annual Appreciation
1.87%
Original Mortgage
$875,625
Interest Rate
0.0695%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 17, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,200
Interest Rate
0.0392%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 2008
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,167,500 | -- | ||
| $746,000 | -- | ||
| $445,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $875,625 | ||
| Previous Owner | $522,200 | ||
| Previous Owner | $490,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/19/2024 07/19/24 | Sold | $1,167,500 | -2.7% | $382 / Sq Ft |
| 06/08/2024 06/08/24 | Pending | -- | -- | -- |
| 05/14/2024 05/14/24 | For Sale | $1,200,000 | -- | $392 / Sq Ft |
Source: OneKey® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,128 | $45,446 | $4,043 | $41,403 |
| 2025 | $9,059 | $45,446 | $4,001 | $41,445 |
| 2024 | $9,059 | $45,104 | $4,130 | $40,974 |
| 2023 | $8,642 | $42,552 | $3,947 | $38,605 |
| 2022 | $8,014 | $59,460 | $6,000 | $53,460 |
| 2021 | $7,970 | $48,840 | $6,000 | $42,840 |
| 2020 | $8,016 | $53,940 | $6,000 | $47,940 |
| 2019 | $7,863 | $47,160 | $6,000 | $41,160 |
| 2018 | $7,229 | $35,460 | $4,221 | $31,239 |
| 2017 | $6,819 | $33,453 | $5,632 | $27,821 |
| 2016 | $6,309 | $31,560 | $6,000 | $25,560 |
| 2015 | $5,743 | $36,060 | $6,600 | $29,460 |
| 2014 | $5,743 | $36,060 | $6,600 | $29,460 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Galvez
-
N
Buyer's Agent in 2024
Non Non Member-MLS
Non-Member MLS
Map
Source: OneKey® MLS
MLS Number: H6306744
APN: 04026-0008
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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