NOT LISTED FOR SALE

835 E 231st St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $959,000 - $1,089,000

10 Beds
4 Baths
3,600 Sq Ft
$286/Sq Ft Est. Value

Last Sold September 12, 2017

Last sale price $700,000 $194 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,102/month

129 Days on Market

Highlights

  • 0.09 Acre Lot
  • Property is near public transit
  • Porch
  • Colonial Architecture
  • 3 Car Detached Garage
  • Park

About This Home

As of September 2017

Calling all investors! Gigantic money maker, brick fully detached three-family home with detached three car garage, seven car driveway located in the desirable Wakefield section of the Bronx. Four bedroom apartment over three bedroom apartment over three bedroom apartment over fully finished studio apartment in the walkout basement. All tenants are paying way below market rental value with no active leases. Property was recently renovated for increased marketability. Gross income is $67,800. Expenses are $6,300. Net Income is $61,500. Cap Rate 8.3% Only one block from the numbers 2 & 5 subway lines and local MTA and Bee Line buses. Bring all buyers!

Last Agent to Sell the Property

Danny Agboh

Charles Rutenberg Realty, Inc. Brokerage Phone: 718-994-4002 License #10301207017 Listed on: 05/05/2017

Charles Rutenberg Realty, Inc.

Last Buyer's Agent

Ariel Pena

RE/MAX Voyage Realty License #10301220151

RE/MAX Voyage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,601

Year Built

  • Built in 1925

Lot Details

  • 3,811 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • 3,600 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04856-0031

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,601

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 718-994-4002
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 10
  • Living Area: 3600
  • Owner Pays: Insurance
  • SquareFootage: 3600.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 7
  • Attached Garage: No
  • Garage Spaces: 3
  • Garage: Yes
  • Parking Description: Detached, 3 Car Detached, Driveway, Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 4

Association/Amenities

  • Community Features: Trash Collection, Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 100
  • Other Expense: 100

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 0.0875
  • Lot Size Sq Ft: 3811
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04856-0031
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Fuel Expense: 3200
  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 4601
  • Tax Map Number: 04856-0031
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2017
Closed on
Sep 7, 2017
Sold by
Perez Maharani and Perez William A
Bought by
Gomez Genner B
Seller's Agent
Danny Agboh
Charles Rutenberg Realty, Inc.
Buyer's Agent
Ariel Pena
RE/MAX Voyage Realty
List Price
$729,000
Sold Price
$700,000
Premium/Discount to List
-$29,000
-3.98%
Current Estimated Value
$1,030,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,985
Avg. Annual Appreciation
4.90%
Original Mortgage
$687,321
Outstanding Balance
$573,344
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$457,641

Purchase Details

Closed on
Jan 5, 2006
Sold by
Morales Alfredito and Santiago Dorita
Bought by
Perez Maharani and Perez William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2001
Sold by
Morales Alfredo and Morales Victoria
Bought by
Morales Alfredito and Santiago Genaro
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
Gomez Genner B $700,000 --
Perez Maharani $500,000 --
Morales Alfredito -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Genner B $687,321
Previous Owner Perez Maharani $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2017 09/12/17 Sold $700,000 -4.0% $194 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $729,000 -- $203 / 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 $7,636 $38,102 $4,529 $33,573
2024 $7,636 $38,020 $5,385 $32,635
2023 $7,373 $36,306 $5,545 $30,761
2022 $6,838 $53,220 $8,880 $44,340
2021 $6,800 $43,200 $8,880 $34,320
2020 $6,721 $47,700 $8,880 $38,820
2019 $6,628 $41,820 $8,880 $32,940
2018 $6,167 $30,255 $6,815 $23,440
2017 $5,818 $28,543 $7,437 $21,106
2016 $5,383 $26,928 $7,971 $18,957
2015 $3,248 $26,460 $9,840 $16,620
2014 $3,248 $26,403 $9,819 $16,584
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Danny Agboh

    Charles Rutenberg Realty, Inc.

    (917) 292-2047

    3 in this area

    29 Total Sales

    Danny Agboh
    Section Image
  • Ariel Pena

    Buyer's Agent in 2017

    Ariel Pena

    RE/MAX

    (646) 358-0738

    1 in this area

    58 Total Sales

    Ariel Pena
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4720145

OneKey® MLS

APN: 04856-0031

New York Bronx County Bronx 10466 Wakefield

835 E 231st St, Bronx, NY

This home is located at 835 E 231st St, Bronx, NY 10466 since 05 May 2017 and is currently estimated at $1,030,985, approximately $286 per square foot. This property was built in 1925. 835 E 231st St is a home located in Bronx County with nearby schools including Ps 21 Philip H Sheridan, One World Middle School At Edenwald, and Baychester Middle School.

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