5 months on rocket

262 E 197th St, Bedford, NY, 10458

$689,000

Home List Price

$8,182*

Closing Credit

6 Bedrooms
3 Full Baths
Multi
Schools Nearby

Location

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262 E 197th St, New York$689,000

Buyer Closing Credits

$8,182*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPrivate, Parking Lot
Year Built1901
HeatingNatural Gas, Hot Water
CoolingNone
BasementYes
MLS #3517175
Lot Size0.09 Acres
StatusActive
(A)

About 262 E 197th St

262 E 197th St, Bronx, NY 10458 offers an exciting and profiting investment or development opportunity in the heart of the Bronx. Property needs major TLC. Potential for massive 2-3 family house. Located in a vibrant and high demanding area. Develop a thriving community that caters to the needs of students, faculty and local neighbors. Walking distance to Fordham University, New York Botanical Garden and many amenities. This site has proposed plans for a 10 residential and 1 commercial unit development. Conveniently located near trains, buses, and highways. With the plans ready to go, turn your development vision into reality.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1901

Listing Office:

  • Office Name: Elite Synergy Realty Inc
  • Office Phone: (516) 492-3555

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Private, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $689,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

262 E 197th St vs New York

163 DAYS ON ROCKET

+67 Days

$689,000

-$156.4K Less

KEY TAKEAWAY

This property is $156.4K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3517175

Listing Office:

  • Office Name: Elite Synergy Realty Inc
  • Office Phone: (516) 492-3555

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, 6:11:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,506

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,132

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-2488611
2
/10

  • PS 46 Edgar Allen Poe

  • 279 E 196th St

  • 0.09 miles

  • Public District Grades KG-5

school-card-donut-2488612
2
/10

  • PS 54 Fordham Bedford Academy

  • 2703 Webster Ave

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-2488613
3
/10

  • PS 246 Poe Center

  • 2641 Grand Concourse

  • 0.33 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 $30,000. Most New York, NY residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Bronx County›New York›10458›262 E 197th St

This home is located at 262 E 197th St in Bedford, NY and zip code 10458 in the Fordham neighborhood. This home, which was built in 1901, sits on a 0.09 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 17, 2023 and is currently priced at $689,000.

Over 154 listings were sold over their listed price in March 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 645 listings were sold for the listed price. Between February 2024 and March 2024, New York, NY real estate market has seen increase in the number of listings by 3.7%. In March 2024 median list price was $845,489 and the average listing age was 96 days.

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

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