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New York Bronx 10461 Pelham Bay
1407 Ellison Avenue
$610,000
● House - Off Market

1407 Ellison Avenue

New York, NY 10461
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,665 Ft²
$683,344
RealtyHop Estimate
7.61%
Since Dec 1, 2022
NY-New York
Primary Model

About This Property

PRIME LOCATION PELHAM BAY AREA in the Bronx!! Come see this beautiful Single Family Brick Home which features updated interior and bonus living area.  Home features 3 bedrooms, 2 baths, finished basement and roof resealed 6/2022.  Move in ready! Home is conveniently located to all major retail stores, Religious centers, Major Highways, local shops and a variety of entertainment outlets, and Public transportation is within walking distance. Additional Information: ParkingFeatures:1 Car Attached,
Unit Size
1,665 Ft²
Days on Market
115 days
Land Size
0.04 acres
Price per sqft
$381
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1945

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (OneKey MLS #KEYH6197416)

Price History

Date / Event Date Event Price
Nov 3, 2022 Sold
Premium
Sold
Sep 15, 2022 In contract -
In contract
Jul 9, 2022 Listed by Exit Realty Group $635,000
Listed by Exit Realty Group

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1945
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 1,995
  • Lot Size Depth Feet: 95
  • Lot Size Frontage Feet: 20
  • Building Depth: 32
  • Building Frontage: 18
  • Gross Building Area: 1,665

    Building Floor Area

  • Residential Building Floor Area: 1,152

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: A5
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: Y
  • Proximity Code: 2
  • Extension Code: G

Neighborhood

  • Community District: 210
  • City Council District: 13
  • Police Precinct: 45
  • Fire Company: L050
  • Health Area: 3210
  • Sanitation District Borough: 2
  • Sanitation Subsection: 3D
  • School District: 08

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R4-1

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 5370
  • Lot: 54
  • Borough Block Lot: 2053700054

    Address

  • Full Address: 1407 Ellison Avenue
  • Zip Code: 10461

Valuation

    Assessments Valuation

  • Assessed Total Value: $35,100
  • Assessed Land Value: $9,120

    Exemptions

  • Exempt Total Value: $0
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Bronx

Stats & Trends

Median Asking:

$759,000

Sale Price/ft²

$417

Above Asking

0.52%

Average Days on Market

86

Average Home Size

1970 ft²

Average Home Age

78.1 years

Currently For Sale

636 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1565 Odell Street, Bronx, NY, 10462

$2,800 /mo

  • 2 Beds
  • 1 Bath
1565 Odell Street #1-F, Bronx, NY, 10462 Listing by Danielle Jernigan
Unit for rent at 2511 Cruger Avenue, New York, NY, 10467

$2,800 /mo

  • 2 Beds
  • 1 Bath
2511 Cruger Avenue #BSMT, New York, NY, 10467 Listing by Ezamina Ramusevic
Unit for rent at 3015 Roberts Avenue, BRONX, NY, 10461

$1,925 /mo

  • 1 Bed
  • 1 Bath
3015 Roberts Avenue #2A, BRONX, NY, 10461 Listing by Gregory Healy

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1407 Ellison Avenue built and last sold?
The property at 1407 Ellison Avenue was built in 1945 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1407 Ellison Avenue is $641,350.
What are some comparable homes to 1407 Ellison Avenue?
There are currently no comparable homes to 1407 Ellison Avenue.
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