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New York Bronx 10461 Pelham Parkway
2040 Yates Avenue
$915,000
● House - Off Market

2040 Yates Avenue

New York, NY 10461
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,158 Ft²
$1,040,289
RealtyHop Estimate
6.26%
Since Jun 1, 2022
NY-New York
Primary Model

About This Property

Great location , Indian Village French Tudor styled all brick  home , large living room has a custom brick fire place with side entrance to patio, formal dining room has hardwood floors, French doors, full marble bath on first level, bedroom or den wall AC, eat in kitchen with walk out access to the patio and balcony, second level has a large guest room with dressing room, large closets , master bedroom , full bath with double closets, lower level has a family room with wet bar, laundry area and walk in garage access, slate roof , Weil McLean boiler with instant HW,  Pella windows ,storm drains and slate patio. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
2,158 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$454
Property Type
House
Property Taxes
$633
HOA Dues
-
Year Built
1934

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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 #KEYH6150893)

Price History

Date / Event Date Event Price
May 20, 2022 Sold
Premium
Sold
Oct 23, 2021 Listed by Morris Park Realty Group $979,000
Listed by Morris Park Realty Group

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Building Count: 2
  • Floor Count: 2
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 3,167
  • Lot Size Depth Feet: 125
  • Lot Size Frontage Feet: 25
  • Building Depth: 53
  • Building Frontage: 18
  • Gross Building Area: 2,158

    Building Floor Area

  • Residential Building Floor Area: 2,158

    Floor Area Ratio

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

Building

  • Building Type: A2
  • Lot Type: 3
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 211
  • City Council District: 13
  • Police Precinct: 49
  • Fire Company: Q061
  • Health Area: 1410
  • Sanitation District Borough: 2
  • Sanitation Subsection: 2E
  • School District: 11

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R4A

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 4308
  • Lot: 1
  • Borough Block Lot: 2043080001

    Address

  • Full Address: 2040 Yates Avenue
  • Zip Code: 10461

Valuation

    Assessments Valuation

  • Assessed Total Value: $47,760
  • Assessed Land Value: $11,820

    Exemptions

  • Exempt Total Value: $1,440
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:

$765,000

Sale Price/ft²

$416

Above Asking

1.05%

Average Days on Market

81

Average Home Size

1629 ft²

Average Home Age

77.9 years

Currently For Sale

649 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 2507 Cruger Avenue, New York, NY, 10467

$2,652 - $2,857 /mo

  • 1 Bed
  • 1 Bath
2507 Cruger Avenue, New York, NY, 10467 Listing by Victor Santos
Unit for rent at 3011 Ely Avenue, BRONX, NY, 10469

$2,500 /mo

  • 2 Beds
  • 1 Bath
3011 Ely Avenue #1, BRONX, NY, 10469 Listing by Damion Foster
Unit for rent at 3009 Ely Avenue, BRONX, NY, 10469

$3,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,400 ft²
3009 Ely Avenue #2, BRONX, NY, 10469 Listing by Damion Foster

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 2040 Yates Avenue built and last sold?
The property at 2040 Yates Avenue was built in 1934 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2040 Yates Avenue is $979,897.
What are some comparable homes to 2040 Yates Avenue?
There are currently no comparable homes to 2040 Yates Avenue.
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