26 days on rocket

Sale Pending

620 Mead St, Bronx, NY, 10460

$1,200,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
7 Full Baths
3,060 SqFt
$392/SqFt
Multi
Schools Nearby

Location

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620 Mead St, Bronx$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDriveway
Year Built2009
HeatingNatural Gas, Baseboard
CoolingWall Unit(s)
BasementYes
MLS #H6306750
StatusSale Pending
(U)

About 620 Mead St

Accepted offer no more showings!!! Introducing an outstanding investment opportunity in the vibrant Bronx neighborhood. Built in 2009, this impressive property spans 3,060 square feet, comprising three separate units, each with three bedrooms and two bathrooms. Additionally, a finished basement with two bedrooms adds to its rental potential. Tenants enjoy the convenience of paying for all utilities, including heat, hot water, and electricity. The property's solid brick construction ensures durability and low maintenance costs over time. Strategically located near transportation hubs and major shopping centers, this property offers accessibility and convenience to residents. Its proximity to amenities attracts quality tenants, contributing to high occupancy rates. With limited space for new construction in the Bronx, owning this property presents a unique opportunity for long-term appreciation and stability. Furthermore, the property fosters a community atmosphere, with respectful and friendly tenants adding to its appeal as a solid investment. Don't miss out on this chance to secure a lucrative income-producing property in one of New York City's most dynamic boroughs. Contact us today to schedule a viewing and seize this exceptional investment opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Tri-Level
  • Year Built: 2009
  • Living Area: 3,060 SqFt

Listing Office:

  • Office Name: Century 21 Galvez
  • Office Phone: (718) 409-6300

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Near Public Transit

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard
  • Cooling: Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $392/SqFt

Tax Information:

  • Annual Amount: $7,315
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bronx, NY.

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Bronx, NY

City

Med. Sold Price

$573.3K

Med. Price/SqFt

$334

Avg. Days On Market

89

# of Sold Homes

173

620 Mead St vs Bronx

26 DAYS ON ROCKET

-63 Days

$1,200,000

+$626.6K More

$392/SqFt

+$58 More

KEY TAKEAWAY

This property is $626.6K more than the Median Sold Price and $58/SqFt more than other homes in Bronx, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6306750

Listing Office:

  • Office Name: Century 21 Galvez
  • Office Phone: (718) 409-6300

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/9/2024, 3:11:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 03, 2018Home Sold
$746,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,315$52,620
2018$6,223$32,359
2017$5,757$30,528

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2984931
3
/10

  • Bronx Little School

  • 1827 Archer St

  • 0.28 miles

  • Public District Grades PK-5

school-card-donut-2984932
4
/10

  • PS 536

  • 1827 Archer St

  • 0.28 miles

  • Public District Grades PK-4

school-card-donut-2984933
6
/10

  • Archer Elementary School

  • 1827 Archer St

  • 0.28 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,630. Most Bronx, NY residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Bronx County›Bronx›10460›620 Mead St

This home is located at 620 Mead St in Bronx, NY and zip code 10460 in the Northeast Bronx neighborhood. This 3,060 square foot home was built in 2009. Features: 11 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $1,200,000.

While more than 34 listings in Bronx, NY in May 2024 were sold above asking price, there were more than 38 listings sold at asking price, and more than 101 were sold below. The number of homes for sale in Bronx, NY increased by 6.8% between April 2024 and May 2024. While the average time on the market in May 2024 was 89 days, the median list price was $573,330.

From Rocket Homes Real Estate and based on county public records data.

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