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New York Bronx 10461 Pelham Bay
2121 Colonial Avenue
$560,000
● House - Off Market

2121 Colonial Avenue

New York, NY 10461
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,576 Ft²
$588,457
RealtyHop Estimate
13.17%
Since Feb 1, 2022
NY-New York
Primary Model

About This Property

Welcome to 2121 Colonial Avenue Bronx NY. This beautiful 3 bedroom 1 bathroom Colonial offers anyone to come in and customize the home for their own. This property offers hardwood floors as seen with a two car detached garage and storage space. This home has tons of potential to make it your own! The first floor consist of a large living room that flows into the dining room & kitchen. Additional room for an office or den off the kitchen. The second floor has three spacious bedrooms and one hallway bathroom. The basement can be used for additional entertaining space and has separate egress walkout to the back yard. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Detached,
Unit Size
1,576 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$330
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1935

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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: 4 months ago (OneKey MLS #KEYH6149745)

Price History

Date / Event Date Event Price
Jan 11, 2022 Sold
Premium
Sold
Oct 19, 2021 Listed by Berkshire Hathaway HS West. Pr $519,999
Listed by Berkshire Hathaway HS West. Pr

Property Highlights

Garage

Building Info

Overview

    General

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

    Dimensions

  • Lot Area Sqft: 2,863
  • Lot Size Depth Feet: 115
  • Lot Size Frontage Feet: 25
  • Building Depth: 38
  • Building Frontage: 16
  • Gross Building Area: 1,176

    Building Floor Area

  • Residential Building Floor Area: 1,176

    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: EG

Neighborhood

  • Community District: 210
  • City Council District: 13
  • Police Precinct: 45
  • Fire Company: E089
  • Health Area: 1420
  • Sanitation District Borough: 2
  • Sanitation Subsection: 1C
  • School District: 08

Zoning

  • Split Boundary Zone Indicator: Y
  • Zoning: R5A
  • Zoning District 2: R7-1

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 4251
  • Lot: 36
  • Borough Block Lot: 2042510036

    Address

  • Full Address: 2121 Colonial Avenue
  • Zip Code: 10461

Valuation

    Assessments Valuation

  • Assessed Total Value: $32,160
  • Assessed Land Value: $9,360

    Exemptions

  • Exempt Total Value: $17,520
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

1.07%

Average Days on Market

81

Average Home Size

1583 ft²

Average Home Age

77.8 years

Currently For Sale

682 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 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 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: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2121 Colonial Avenue built and last sold?
The property at 2121 Colonial 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 2121 Colonial Avenue is $538,205.
What are some comparable homes to 2121 Colonial Avenue?
There are currently no comparable homes to 2121 Colonial Avenue.
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