NOT LISTED FOR SALE

7413 Hillmeyer Ave Arverne, NY 11692

Arverne Neighborhood

Estimated Value: $825,000 - $1,057,170

6 Beds
2 Baths
2,184 Sq Ft
$429/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $975,000 $446 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,991/month

27 Days on Market

Highlights

  • Waterfront
  • 5 Car Attached Garage
  • 1-minute walk to Brant Point Wildlife Sanctuary
  • Colonial Architecture
  • Baseboard Heating

About This Home

As of July 2022

Beautiful waterfront luxury 2 family house for sale. Great investment, high rental income. Projected rent $75600-$85000 per year 7.25% -8.6% cap. 2020 new build, excellent conditions, the house has an elevator. Each floor has 3 bedrooms and 1 bathroom, spacious living /dining room combo, open kitchen, beautiful water view from the living room. 1092 sqft each floor, includes washer/dryer, backyard. Close to Supermarket, YMCA, fishing charter, public beach with a lot of water activities. Transportation includes buses, A train subway, LIRR to Manhattan, ferry 30min to Manhattan. Must see., Additional information: Appearance:Excellent

Last Agent to Sell the Property

Fenger Zou

E Realty International Corp Brokerage Phone: 718-886-8110 License #10401313262 Listed on: 04/05/2022

E Realty International Corp

Last Buyer's Agent

Fenger Zou

E Realty International Corp Brokerage Phone: 718-886-8110 License #10401313262 Listed on: 04/05/2022

E Realty International Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 2020

Lot Details

  • 2,500 Sq Ft Lot
  • Waterfront
  • 1 Common Wall

Parking

  • 5 Car Attached Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • JHS 202 Robert H Goddard Middle School
  • Frederick Douglass Acad Vi High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,754

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Year Built: 2020
  • Attribution Contact: 718-886-8110
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame
  • Waterfront Features: Waterfront
  • Pool Private: No
  • Spa: No
  • Waterfront: Yes

Garage/Parking

  • Total Parking Spaces: 5
  • Parking Description: Attached, Private

Utilities

  • Heating: Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Jhs 202 Robert H Goddard

Lot Info

  • Lot Dimensions: 25*100
  • Lot Size Sq Ft: 2500
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3754

MLS Schools

  • High School: Frederick Douglass Acad Vi Hs
  • Middle School District: Queens 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Jul 5, 2022
Sold by
Lin You Kai and Yan Yaomei
Bought by
Yin Li
Seller's Agent
Fenger Zou
E Realty International Corp
Buyer's Agent
Fenger Zou
E Realty International Corp
List Price
$989,000
Sold Price
$975,000
Premium/Discount to List
-$14,000
-1.42%
Current Estimated Value
$984,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,854
Avg. Annual Appreciation
-0.52%
Original Mortgage
$780,000
Outstanding Balance
$746,124
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$213,345

Purchase Details

Closed on
Feb 16, 2021
Sold by
Hillmeyer Re Holdings Llc
Bought by
Lin You Kai and Yan Yaomei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Yin Li $975,000 --
Lin You Kai $794,235 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yin Li $780,000
Previous Owner Lin You Kai $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $975,000 -1.4% $446 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $989,000 -- $453 / 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 $7,172 $35,710 $5,223 $30,487
2024 $7,172 $35,710 $5,518 $30,192
2023 $7,172 $35,710 $5,194 $30,516
2022 $5,347 $40,020 $6,240 $33,780
2021 $3,958 $23,520 $6,240 $17,280
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2022

    Fenger Zou

    E Realty International Corp

    (718) 886-8110

    1 in this area

    32 Total Sales

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Map

Source: OneKey® MLS

MLS Number: L3389119

OneKey® MLS

APN: 16062-0014

New York Queens County Arverne 11692 Arverne

7413 Hillmeyer Ave, Arverne, NY

This home is located at 7413 Hillmeyer Ave, Arverne, NY 11692 since 05 April 2022 and is currently estimated at $937,293, approximately $429 per square foot. This property was built in 2020. 7413 Hillmeyer Ave is a home located in Queens County with nearby schools including P.S. 42 - R. Vernam and St Rose of Lima Catholic Academy.

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