Seller's Agent in 2021
Joseph Martino
Joseph Martino Real Estate
(203) 671-2384
14 in this area
60 Total Sales
Estimated Value: $422,848 - $510,000
7
Beds
12
Baths
2,894
Sq Ft
$161/Sq Ft
Est. Value
Highlights
- City View
- Corner Lot
- No HOA
About This Home
As of May 20213-Family Investment Property. Gross income $35,400. 2nd floor has 3 bedrooms and is under market rent, has the potential of 1200-1300 per month. if and WHEN the cap rate on this would be at 10.37%. as it stands now it's 8.54% +/-. and cash on cash return of 14.84% +/- at a 25% down payment. all numbers should be independently verified. We are honestly are doing the best we can with estimating water/sewer/insurance. we have a spreadsheet attached with income/expense and will have actual receipts on request for interested buyers. this property has a driveway for off-street parking. Natural Gas and public utilities. the 1st floor is a very large 2 bedroom updated unit at 1200 per month. the second floor is a 3 bedroom unit with a long term tenant at 825 and the 3rd-floor unit is 2 bed at 925 per month. tenant on the first floor has a lease until 5/1 all others are month to month.
Last Agent to Sell the Property
Joseph Martino Real Estate License #REB.0792369 Listed on: 01/20/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,690
Year Built
- Built in 1953
Lot Details
- 10,019 Sq Ft Lot
- Corner Lot
Home Design
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2,894 Sq Ft Home
- City Views
- Basement Hatchway
Bedrooms and Bathrooms
- 7 Bedrooms
Parking
- 9 Car Garage
- Driveway
Utilities
- Heating System Uses Natural Gas
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Gross Income $35,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 20, 2020
Sold by
Espinosa Jeiver and Espinosa Lorne Gerneil
Bought by
Lornespi Holdings Llc
Current Estimated Value
Purchase Details
Closed on
Dec 20, 2006
Sold by
Littlefield Steven and Littlefield Marta
Bought by
Brochert Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,900
Interest Rate
6.35%
Purchase Details
Closed on
Nov 7, 1997
Sold by
Miller H Bruce and Miller Calvin J
Bought by
Littlefield Steven
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lornespi Holdings Llc | -- | None Available | |
| Brochert Thomas | $270,000 | -- | |
| Littlefield Steven | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Littlefield Steven | $236,356 | |
| Previous Owner | Littlefield Steven | $263,900 | |
| Previous Owner | Littlefield Steven | $177,000 | |
| Previous Owner | Littlefield Steven | $67,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/14/2021 05/14/21 | Sold | $290,000 | 0.0% | $100 / Sq Ft | |
| 03/27/2021 03/27/21 | Pending | -- | -- | -- | |
| 01/20/2021 01/20/21 | For Sale | $290,000 | +29.2% | $100 / Sq Ft | |
| 03/31/2020 03/31/20 | Sold | $224,500 | -10.2% | $78 / Sq Ft | View Prior Sale |
| 01/23/2020 01/23/20 | Pending | -- | -- | -- | |
| 01/07/2020 01/07/20 | For Sale | $249,900 | 0.0% | $86 / Sq Ft | |
| 11/27/2019 11/27/19 | Pending | -- | -- | -- | |
| 09/23/2019 09/23/19 | For Sale | $249,900 | -- | $86 / Sq Ft |
Source: SmartMLS
Tax History Compared to Growth
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 | $6,768 | $156,660 | $29,360 | $127,300 |
| 2024 | $6,768 | $156,660 | $29,330 | $127,330 |
| 2023 | $6,047 | $156,660 | $29,330 | $127,330 |
| 2022 | $6,047 | $156,660 | $29,330 | $127,330 |
| 2021 | $6,047 | $156,660 | $29,330 | $127,330 |
| 2020 | $5,690 | $129,710 | $29,330 | $100,380 |
| 2019 | $5,431 | $129,710 | $29,330 | $100,380 |
| 2018 | $5,107 | $129,710 | $29,330 | $100,380 |
| 2017 | $5,107 | $129,710 | $29,330 | $100,380 |
| 2016 | $5,107 | $129,710 | $29,330 | $100,380 |
| 2015 | $4,498 | $125,860 | $29,330 | $96,530 |
| 2014 | $4,498 | $125,860 | $29,330 | $96,530 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Martino
-
Luigi Di Palma
Buyer's Agent in 2021
Luigi Di Palma
Real Estate Two
(203) 926-1122
4 in this area
51 Total Sales
-
Lisa Croce
Seller's Agent in 2020
Lisa Croce
Keller Williams Realty Group
(917) 361-4077
28 Total Sales
Map
Source: SmartMLS
MLS Number: 170367266
APN: DERB-000008-000009-000221
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