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New York Bronx 10466 Edenwald
1978 Needham
Photo of 1978 Needham

17

Map

Photo of 1978 Needham
Photo of 1978 Needham
$689,000
● House - For Sale

1978 Needham

New York, NY 10466
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,108 Ft²
$3,548
Est. Monthly

About This Property

Completely renovated and ready to impress! This beautifully finished brick bungalow offers four bedrooms, two full bathrooms, plus a half bathroom and a bright, thoughtfully designed layout. The oversized eat-in kitchen provides plenty of room for cooking, dining, and entertaining, while the spacious living room creates a comfortable place to unwind. Enjoy modern finishes throughout, energy-efficient ductless heating and cooling, all-electric systems, and a private backyard with room to relax or entertain. Approximately 1,108 square feet of above-grade living space per floor-plan measurements. Conveniently located near transportation, shopping, parks, and major highways. Just unpack and make it yours!
Unit Size
1,108 Ft²
Days on Market
22 days
Land Size
0.06 acres
Price per sqft
$622
Property Type
House
Property Taxes
$164
HOA Dues
-
Year Built
1935

Listed By

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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: 12 days ago (OneKey MLS #KEY1048072)

Price History

Date / Event Date Event Price
Aug 31, 2026 Listed by DeSimone Real Estate $689,000
Listed by DeSimone Real Estate
Jun 30, 2026 In contract -
In contract
Jun 7, 2026 Price Decreased $499,000
↓ $11K (2.2%)
Price Decreased
Apr 23, 2026 Price Decreased $510,000
↓ $15K (2.9%)
Price Decreased
Mar 24, 2026 Listed by Faze One Real Estate, LLC $525,000
Listed by Faze One Real Estate, LLC
.

Property Highlights

Parking Available
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: First Floor Bedroom, First Floor Full Bath, Open Kitchen, Primary Bathroom
Appliances: Stainless Steel Appliance(s)
Rooms: 6
Basement: Finished, Walk-Out Access
Exterior Details
Has Property Attached
Square Footage: 1108
Architectural Style: Bungalow
Year Built: 1935
Building Area Units: Square Feet
Construction Materials: Brick
Lot Size Area: 2584
Lot Size Units: Square Feet
Lot Size Acres: 0.0593
Lot Size Square Feet: 2584
Water Source: Public
Financial Details
Tax Annual Amount: $1,971
Utilities Details
Cooling Type: Ductless
Heating Type: Electric
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1935
  • Building Count: 1
  • Floor Count: 1
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 5,500
  • Lot Size Depth Feet: 111
  • Lot Size Frontage Feet: 50
  • Building Depth: 51
  • Building Frontage: 21
  • Gross Building Area: 774

    Building Floor Area

  • Residential Building Floor Area: 774

    Floor Area Ratio

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

Building

  • Building Type: A2
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: G

Neighborhood

  • Community District: 212
  • City Council District: 12
  • Police Precinct: 47
  • Fire Company: E038
  • Health Area: 710
  • Sanitation District Borough: 2
  • Sanitation Subsection: 3E
  • School District: 11

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R5

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 4894
  • Lot: 23
  • Borough Block Lot: 2048940023

    Address

  • Full Address: 1978 Needham Avenue
  • Zip Code: 10466

Valuation

    Assessments Valuation

  • Assessed Total Value: $32,160
  • Assessed Land Value: $11,220

    Exemptions

  • Exempt Total Value: $19,460
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:

$768,694

Sale Price/ft²

$416

Above Asking

1.07%

Average Days on Market

80

Average Home Size

1596 ft²

Average Home Age

77.6 years

Currently For Sale

679 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 2948 Wickham Ave, BRONX, NY, 10469

$3,201 - $3,449 /mo

  • 3 Beds
  • 2 Baths
  • 1,000 ft²
2948 Wickham Ave, BRONX, NY, 10469 Listing by Camilo Reyes
Unit for rent at 2511 Cruger Avenue, New York, NY, 10467

$3,000 /mo

  • 2 Beds
  • 1 Bath
2511 Cruger Avenue #BSMT, New York, NY, 10467 Listing by Ezamina Ramusevic
Unit for rent at 665 Thwaites Place, BRONX, NY, 10467

$2,550 /mo

  • 2 Beds
  • 1 Bath
665 Thwaites Place #C, BRONX, NY, 10467 Listing by Alex Cedeno

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 12 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1978 Needham Avenue built and last sold?
The property at 1978 Needham Avenue was built in 1935 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1978 Needham Avenue is $684,108.
What are some comparable homes to 1978 Needham Avenue?
There are currently no comparable homes to 1978 Needham Avenue.
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