1 month on rocket

2248 Bassford Ave, Bronx, NY, 10457

$1,700,000

Home List Price

$10,000*

Closing Credit

27 Bedrooms
9 Full Baths
8,820 SqFt
$193/SqFt
Multi
Schools Nearby

Location

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2248 Bassford Ave, Bronx$1,700,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1910
HeatingNatural Gas, Oil, Other, Hot Water
CoolingNone
BasementYes
MLS #H6293979
Lot Size0.06 Acres
StatusActive
(A)

About 2248 Bassford Ave

HUGE 8,820 SF Well-Maintained 8 Family Building Selling for an 8.95x GRM and 6.88% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D & 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler Room. Many Improvements over the years: NEW Gas Main Risers throughout, Dual Boiler offers option to burn Gas or Oil, (2) 75 Gallon Hot Water Heaters, Upgraded Main Electrical Service with Meters and Electrical Lines Throughout Building and Apartments, Front Entry Door, Intercom System, 24 Hour Video Security Surveillance System and Mostly All Apartments have been Renovated at vacancy turnover. EXCELLENT CASH FLOW = $ 189,887 GROSS INCOME less $67,134 EXPENSES for $116,989 NET ANNUAL INCOME!!! Listed To Sell FAST $1,700,000 FIRM!!!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 8,820 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (646) 337-7284

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 9
  • Total Bedroom Count: 27

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Oil, Other, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Bassford Ave Btw: E 182 St & E 183 St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,700,000
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $13,612
  • 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. List Price

$572.4K

Med. Price/SqFt

$341

Avg. Days On Market

171

# of Sold Homes

125

2248 Bassford Ave vs Bronx

51 DAYS ON ROCKET

-120 Days

$1,700,000

+$1.1M More

$193/SqFt

-$148 Less

KEY TAKEAWAY

This property is $1.1M more than the Median List Price and $148/SqFt less than other homes in Bronx, NY.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6293979

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (646) 337-7284

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, 10:11:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$13,612$632,250
2018$14,059$118,019
2017$13,355$110,535

History based on county public records data.

Payment Calculator

$8,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,163

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-2687968
5
/10

  • PS 59 The Community School of Technology

  • 2185 Bathgate Ave

  • 0.07 miles

  • Public District Grades PK-5

school-card-donut-2687969
5
/10

  • PS 23 The New Children's School

  • 2151 Washington Ave

  • 0.10 miles

  • Public District Grades PK-5

school-card-donut-2687970
3
/10

  • PS 159 Luis Mumoz Marin Biling

  • 2315 Washington Ave

  • 0.10 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,654. Typical income of Bronx, NY residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Bronx County›Bronx›10457›2248 Bassford Ave

This home is located at 2248 Bassford Ave in Bronx, NY and zip code 10457 in the Southwest Bronx neighborhood. This 8,820 square foot home, which was built in 1910, sits on a 0.06 acre lot. Features: 27 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $1,700,000.

The number of listings in Bronx, NY increased by 5.3% between February 2024 and March 2024. In March 2024 median list price was $572,405 and the average listing age was 171 days.

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

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