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New York Bronx 10461 Pelham Bay
1608 Merry Avenue
Photo of 1608 Merry Avenue

30

Map

Photo of 1608 Merry Avenue
Photo of 1608 Merry Avenue
$499,998
↓ $1 (0%)
● House - For Sale

1608 Merry Avenue

New York, NY 10461
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,085 Ft²
$2,789
Est. Monthly

About This Property

Single family with large driveway that fits 3 cars and a huge gardening area. House has 2 bedrooms 1.5 baths, oil above ground tankbut gas is connected, shed for storage as well as large unfinished basement. Close to train, buses, stores and highways.
Unit Size
1,085 Ft²
Days on Market
144 days
Land Size
0.06 acres
Price per sqft
$461
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1955

Listed By

Christina De Luca
[email protected]
De Luca Realty Group INC

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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: 3 days ago (OneKey MLS #KEY1006195)

Price History

Date / Event Date Event Price
Oct 16, 2026 Price Decreased $499,998
↓ $1 (0%)
Price Decreased
Oct 14, 2026 Price Decreased $499,999
↓ $25K (4.8%)
Price Decreased
Oct 9, 2026 Price Decreased $524,999
↓ $25K (4.6%)
Price Decreased
Oct 2, 2026 Price Decreased $549,997
↓ $1 (0%)
Price Decreased
Sep 25, 2026 Price Decreased $549,998
↓ $1 (0%)
Price Decreased
Show More

Property Highlights

Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Other
Appliances: Gas Oven, Oven
Rooms: 5
Basement: Unfinished
Exterior Details
Square Footage: 1085
Square Footage Source: $0
Architectural Style: Other
Year Built: 1925
Building Area Total: 1085
Building Area Units: Square Feet
Construction Materials: Vinyl Siding
Lot Size Area: 2500
Lot Size Units: Square Feet
Lot Size Acres: 0.0574
Lot Size Square Feet: 2500
Water Source: Public
Financial Details
Tax Assessed Value: $35,940
Tax Annual Amount: $4,002
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Oil, Other
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,767
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 177
  • Total Building Area: 1,355
  • Gross Building Area: 1,355
  • Building Area: 1,355
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000041
  • Standard Land Use Code: 1001
  • County Land Use Code: A5

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: BRONX
  • Census Tract: 026400

Zoning

  • Zoning: R4A

Geography

  • Account Number: 2-05400-0034
  • Parcel: 05400-0034
  • Block: 5400
  • Lot: 34
  • Latitude: 40.8431
  • Longitude: -73.8301

    Address

  • Full Address: 1608 Merry Ave
  • Address - House Number: 1608
  • Address - Street Name: Merry
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Bronx
  • Carrier Code: C025
  • 4-Digit Zip Code: 5547
  • Zip Code: 10461

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $489,974

    Appraisal Valuation

  • Standard Deviation: 0.2148
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 606,360
  • High Value: 736,612
  • Low Value: 476,108

    Market Valuation

  • Market Total Value: $590,000
  • Market Land Value: $147,000
  • Market Improvement Value: $443,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,795
  • Assessed Land Value: $6,427
  • Assessed Improvements Value: $19,368

    Sales

  • Current Sale Contract Date: Mar 24, 2005
  • Current Sale Recording Date: Apr 07, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2005000199917
  • Previous Sale Recording Date: Oct 03, 2002
  • Previous Sale Contract Date: Jul 02, 2002
  • Previous Sale Document Type: 27
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

$415

Above Asking

1.04%

Average Days on Market

85

Average Home Size

1877 ft²

Average Home Age

78.6 years

Currently For Sale

648 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 624 Underhill Avenue, Bronx, NY, 10473

$3,782 - $4,074 /mo

  • 3 Beds
  • 1 Bath
624 Underhill Avenue, Bronx, NY, 10473 Listing by Les Moore
Unit for rent at 1466 Shore Drive, Bronx, NY, 10465

$3,395 - $3,658 /mo

  • 3 Beds
  • 1 Bath
1466 Shore Drive, Bronx, NY, 10465 Listing by Richard Blanchet
Unit for rent at 2011 Gildersleeve Avenue, Bronx, NY 10473

$3,988 - $4,296 /mo

  • 6 Beds
  • 2 Baths
2011 Gildersleeve Avenue, Bronx, NY 10473 Listing by Taylor St. Valliere

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1608 Merry Avenue built and last sold?
The property at 1608 Merry Avenue was built in 1955 and last sold on Mar 24, 2005 for $355,000.
How much is this home worth?
The estimated value of the home located at 1608 Merry Avenue is $502,287.
What are some comparable homes to 1608 Merry Avenue?
There are currently no comparable homes to 1608 Merry Avenue.
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