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New York Bronx 10469 Pelham Gardens
2218 Morgan Avenue
$771,000
● House - Off Market

2218 Morgan Avenue

New York, NY 10469
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
2,200 Ft²
$4,211
Est. Monthly

About This Property

Exclusive Pelham Parkway Beautiful English Tudor! This Immaculate & Cozy English Tudor Encompasses the Perfect Layout from an Eclectic Living room, Formal Dining Room, and an Eat-In-Kitchen with Birch Grain Kitchen Cabinets and Stainless Steel Appliances. The 1st Floor also has Access to A Beautiful Redwood Deck to an Interlocked Backyard for Easy Maintenance. The Second floor has 3 Beautiful Bedrooms with a Fully Renovated Bathroom. The Fully Finished Basement has a Separate Private Entrance to A Comfortable Family Room or Recreational Room with a Half bath and Washer Dryer Room. In addition, The Property has a heated 1 1-car garage and  additional spare room for storage! A must See1 Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
2,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$350
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1940

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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 #KEYH6270551)

Price History

Date / Event Date Event Price
Dec 18, 2023 Sold
Premium
Sold
Sep 26, 2023 Listed by Today Realty Corp. $769,000
Listed by Today Realty Corp.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Building Count: 1
  • Floor Count: 2
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,510
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 25
  • Building Depth: 41
  • Building Frontage: 18
  • Gross Building Area: 1,394

    Building Floor Area

  • Residential Building Floor Area: 1,394

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • 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: G

Neighborhood

  • Community District: 211
  • City Council District: 13
  • Police Precinct: 49
  • Fire Company: E097
  • Health Area: 820
  • Sanitation District Borough: 2
  • Sanitation Subsection: 3E
  • School District: 11

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R4-1

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 4385
  • Lot: 13
  • Borough Block Lot: 2043850013

    Address

  • Full Address: 2218 Morgan Avenue
  • Zip Code: 10469

Valuation

    Assessments Valuation

  • Assessed Total Value: $33,060
  • Assessed Land Value: $7,800

    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:

$759,000

Sale Price/ft²

$415

Above Asking

1.06%

Average Days on Market

79

Average Home Size

1679 ft²

Average Home Age

77.6 years

Currently For Sale

670 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 2218 Morgan Avenue built and last sold?
The property at 2218 Morgan Avenue was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2218 Morgan Avenue is $788,236.
What are some comparable homes to 2218 Morgan Avenue?
There are currently no comparable homes to 2218 Morgan Avenue.
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