$1,700,000 Price Analysis 2248 Bassford AveBronx, NY 10457 27 bed 9 bath 8,820 SqFt ($192/SqFt) 2,579SqFt lot. Built 1910 Listed 2024-03-09, Taxes $16,401 | Ⓧ USDA Ineligible due to price & location near Bronx |
820 SF Well-Maintained 8 Family Building Selling for an 8.94x GRM and 6.9% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D and 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler Room. Many Improvements over the years: PRISTINE Gas Main Risers throughout, Dual Boiler offers option to burn Gas or Oil, (2) 75 Galln Hot Water Heaters, Upgraded Main Electrical Service with Meters and Electrical Lines Throughout Building and Apartments, Front Entry Door, Intercom System, 24 Hour Video Security Surveillance System and Mostly All Apartments have been Renovated at vacancy turnover. EXCELLENT CASH FLOW = $ 189, 887 GROSS INCOME less $67, 134 EXPENSES for $117, 265 NET ANNUAL IN COME!!!
Listed To Sell $1, 700, 000 NEG!!!
Presented by Luis Morales at
Exp Realty.
Property MLS #H6293979 from OneKeyMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2023 | $623,250 + $11,250 $634,500 | $16,401 |
2022 | $708,300 + $11,250 $719,550 | $15,162 |
2021 | $564,300 + $11,250 $575,550 | $14,100 |
2020 | $621,000 + $11,250 $632,250 | $13,611 |
2019 | $612,000 + $11,250 $623,250 | $13,482 |
2018 | $115,850 + $2,169 $118,019 | $12,466 |
2017 | $108,383 + $2,152 $110,535 | $14,058 |
2016 | $101,189 + $2,400 $103,589 | $13,354 |
2015 | $94,309 + $2,676 $96,985 | $12,467 |
2015 | $96,116 + $2,749 $98,865 | $12,736 |
2014 | $87,904 + $2,880 $90,784 | $11,933 |
2011 | $77,188 + $2,496 $79,684 | $10,703 |
2010 | $77,188 + $2,496 $79,684 | $10,154 |
2009 | $74,104 + $1,946 $76,050 | $9,878 |
2007 | $63,533 + $1,873 $65,406 | $7,801 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.