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1971 Ford Street
$815,000
● House - Off Market

1971 Ford Street

Brooklyn, NY 11229
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,264 Ft²
$1,269,422
RealtyHop Estimate
49.52%
Since Feb 1, 2018
NY-New York
Primary Model

About This Property

Mint Colonial With Front Patio, Hardwood Floors Throughout, Updated Kitchen With Quartz Counters, New Windows, 2 Bay Front Windows, New Master Bath, Finished Basement, Pull Down Attic Storage, Resort Yard With Decking, Pool, Wet-Bar And Gazebo., Additional information: Appearance:Mint+++,Separate Hotwater Heater:Yes
Unit Size
1,264 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$672
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1915

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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: 5 months ago (OneKey MLS #KEYL2969048)

Price History

Date / Event Date Event Price
Jan 12, 2018 Sold
Premium
Sold
Sep 7, 2017 Listed by Douglas Elliman Real Estate $849,000
Listed by Douglas Elliman Real Estate
Nov 7, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,600
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 26
  • Building Depth: 42
  • Building Frontage: 16
  • Gross Building Area: 1,264

    Building Floor Area

  • Residential Building Floor Area: 1,264

    Floor Area Ratio

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

Building

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

Neighborhood

  • Community District: 315
  • City Council District: 46
  • Police Precinct: 61
  • Fire Company: E321
  • Health Area: 8722
  • Sanitation District Borough: 3
  • Sanitation Subsection: 2E
  • School District: 22

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R4

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 7313
  • Lot: 40
  • Borough Block Lot: 3073130040

    Address

  • Full Address: 1971 Ford Street
  • Zip Code: 11229

Valuation

    Assessments Valuation

  • Assessed Total Value: $47,160
  • Assessed Land Value: $12,720

    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 the area

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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 2733 East 12th Street, BROOKLYN, NY, 11235

$4,050 /mo

  • 2 Beds
  • 2 Baths
2733 East 12th Street #3F, BROOKLYN, NY, 11235 Listing by Jonny Borochov
Unit for rent at 2940 Ocean Parkway, BROOKLYN, NY, 11235

$3,600 /mo

  • 2 Beds
  • 2 Baths
2940 Ocean Parkway #04D, BROOKLYN, NY, 11235 Listing by Yana Grinstein
Unit for rent at 84 Gotham Avenue, Brooklyn, NY, 11229

$4,365 - $4,703 /mo

  • 3 Beds
  • 2 Baths
  • 1,516 ft²
84 Gotham Avenue, Brooklyn, NY, 11229 Listing by Alen Moshkovich

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1971 Ford Street built and last sold?
The property at 1971 Ford Street was built in 1915 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1971 Ford Street is $856,239.
What are some comparable homes to 1971 Ford Street?
There are currently no comparable homes to 1971 Ford Street.
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