3 months on rocket

1067 Olmstead Ave, Bronx, NY, 10472

$1,250,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
5 Full Baths
3,618 SqFt
$345/SqFt
Multi
Schools Nearby

Location

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1067 Olmstead Ave, Bronx$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached, 1 Car Attached, Driveway
Attached Garage1 space
Year Built2004
HeatingNatural Gas, Baseboard
CoolingWall Unit(s)
MLS #H6284406
Lot Size0.04 Acres
StatusActive
(A)

About 1067 Olmstead Ave

Welcome to an exceptional investment opportunity in the heart of the Bronx, New York! This meticulously maintained 3-family residence, constructed in 2004, embodies modern comfort and convenience. Each floor offers distinct living spaces - the first floor features a large 3-bedroom, 1-bathroom unit, while the second and third floors boast spacious 3-bedroom layouts with 2 full bathrooms each. With responsible tenants in every unit, this property ensures a hassle-free experience for the discerning investor or owner occupier. The units, well-kept and currently occupied, present a turnkey solution for prospective owners. Financial stability is guaranteed, with all tenants up-to-date on payments, providing a reliable income stream. Convenience is key, with each unit equipped with its own boiler and hot water heater for easy maintenance, cost-effectiveness, and personalized control. Beyond the interiors, this property offers additional perks. A gated driveway provides secure parking. The location is strategically close to transportation options, making commuting seamless for both residents and potential tenants. Ideal for owner-occupiers, it allows one to reside in a unit while others contribute to the mortgage. For investors, renting out all units at top market rates maximizes rental income, making it an enticing prospect. Don't miss out on this rare find in the Bronx a blend of modern amenities, prime condition, and strategic location. Act quickly to schedule a viewing and seize the opportunity to make this great property yours!

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Living Area: 3,618 SqFt

Listing Office:

  • Office Name: Housebiz Realty Inc.
  • Office Phone: (718) 892-7500

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, 1 Car Attached, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $345/SqFt

Tax Information:

  • Annual Amount: $8,108
  • Tax Year: 2020
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Housing Market Comparison

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

Med. List Price

$572.4K

Med. Price/SqFt

$341

Avg. Days On Market

171

# of Sold Homes

125

1067 Olmstead Ave vs Bronx

108 DAYS ON ROCKET

-63 Days

$1,250,000

+$677.5K More

$345/SqFt

+$4 More

KEY TAKEAWAY

This property is $677.5K more than the Median List Price and $4/SqFt more than other homes in Bronx, NY.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6284406

Listing Office:

  • Office Name: Housebiz Realty Inc.
  • Office Phone: (718) 892-7500

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: 4/28/2024, 11:56:17 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

Mar 02, 2020Home Sold
$745,000
Aug 09, 2005Home Sold
$649,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,108$48,660
2018$7,311$38,016
2017$6,764$35,865

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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-2814514
6
/10
  • PS 119

  • 1075 Pugsley Ave

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-2814515
7
/10
  • PS 36 Unionport

  • 1070 Castle Hill Ave

  • 0.21 miles

  • Public District Grades PK-5

school-card-donut-2814516
4
/10
  • PS 138 Samuel Randall

  • 2060 Lafayette Ave

  • 0.45 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,864. The majority of Bronx, NY residents have income less than $35k annually. Most families are single, no kids. 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›10472›1067 Olmstead Ave

This home is located at 1067 Olmstead Ave in Bronx, NY and zip code 10472 in the Castle Hill neighborhood. This 3,618 square foot home, which was built in 2004, sits on a 0.04 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $1,250,000.

Between February 2024 and March 2024, Bronx, NY real estate market has seen increase in the number of listings by 5.3%. In March 2024, listings were on the market for 171 days. During the same period, the median list price in this real estate market was $572,405.

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

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