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New York Bronx 10461 Pelham Bay
1563 Merry Avenue
Photo of 1563 Merry Avenue

20

Map

Photo of 1563 Merry Avenue
Photo of 1563 Merry Avenue
$775,000
↓ $10K (1.3%)
● House - For Sale

1563 Merry Avenue

New York, NY 10461
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,595 Ft²
$4,257
Est. Monthly

About This Property

Stately detached brick one family home located set on a welcoming tree-lined street in the highly sought after Pelham Bay neighborhood.  This lovingly maintained home features a entry foyer into the spacious living room, large formal dining room with tons of natural light, and large kitchen with access to the backyard deck perfect for outdoor entertaining all on the main floor.  The second floor features a king-size primary bedroom and two additional bedrooms and full bathroom.  The walk-in basement offers an open recreation space, full bath and plenty of space for storage.  Conveniently located near #6 train on Middletown Road or Buhre Ave, #8 bus, Hutchinson River Parkway and I-95 as well as shopping and restaurants.
Unit Size
1,595 Ft²
Days on Market
52 days
Land Size
0.07 acres
Price per sqft
$486
Property Type
House
Property Taxes
$452
HOA Dues
-
Year Built
1955

Listed By

Maria Rosa
Maria Rosa
[email protected]
Century 21 Metro Star

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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: 21 days ago (OneKey MLS #KEY1049357)

Price History

Date / Event Date Event Price
Oct 15, 2026 Price Decreased $775,000
↓ $10K (1.3%)
Price Decreased
Sep 11, 2026 Listed by Weichert Realtors Legacy Group $785,000
Listed by Weichert Realtors Legacy Group

Property Highlights

Garage
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Formal Dining
Appliances: Dryer, Gas Range, Refrigerator, Washer, Gas Water Heater
Flooring Type: Hardwood
Laundry Features: In Basement
Rooms: 7
Basement: Finished, Full
Exterior Details
Square Footage: 1595
Square Footage Source: $0
Architectural Style: Contemporary
Year Built: 1955
Building Area Total: 1740
Levels: Two
Building Area Units: Square Feet
Construction Materials: Brick
Patio and Porch Features: Deck
Lot Features: Irregular Lot
Lot Size Area: 1537
Lot Size Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 1537
Lot Size Dimensions: 58 x 53
Water Source: Public
Financial Details
Tax Assessed Value: $802,000
Tax Annual Amount: $5,418
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Oil, Steam
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1955
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 1,537
  • Lot Size Depth Feet: 53
  • Lot Size Frontage Feet: 58
  • Building Depth: 20
  • Building Frontage: 29
  • Gross Building Area: 1,595

    Building Floor Area

  • Residential Building Floor Area: 1,160

    Floor Area Ratio

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

Building

  • Building Type: A1
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: G

Neighborhood

  • Community District: 210
  • City Council District: 13
  • Police Precinct: 45
  • Fire Company: L050
  • Health Area: 1420
  • Sanitation District Borough: 2
  • Sanitation Subsection: 3E
  • School District: 08

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R4A

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 5399
  • Lot: 25
  • Borough Block Lot: 2053990025

    Address

  • Full Address: 1563 Merry Avenue
  • Zip Code: 10461

Valuation

    Assessments Valuation

  • Assessed Total Value: $38,760
  • Assessed Land Value: $10,020

    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

1968 ft²

Average Home Age

77.7 years

Currently For Sale

637 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 624 Underhill Avenue, Bronx, NY, 10473

$3,638 - $3,919 /mo

  • 3 Beds
  • 1 Bath
624 Underhill Avenue, Bronx, NY, 10473 Listing by Les Moore
Unit for rent at 3226 Rawlins Avenue, BRONX, NY, 10465

$2,589 /mo

  • 2 Beds
  • 1 Bath
3226 Rawlins Avenue #3, BRONX, NY, 10465 Listing by Damion Foster

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 21 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1563 Merry Avenue built and last sold?
The property at 1563 Merry Avenue was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1563 Merry Avenue is $779,051.
What are some comparable homes to 1563 Merry Avenue?
There are currently no comparable homes to 1563 Merry Avenue.
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