3 years on rocket

321 Milford St, Brooklyn, NY, 11208

$1,400,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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321 Milford St, Brooklyn$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking6+ Spaces, Detached Garage, Parking Area, Private Drive
Year Built1925
HeatingSteam, Natural Gas
CoolingOther
BasementYes
FireplaceStove, Other
MLS #443739
StatusActive

About 321 Milford St

Brooklyn Milford Street Solid BRICK semi attached TOTALLY NEWLY GUT RENOVATED legal 4 family with 2 three bedroom & 2 Two bedroom apartment with huge living room & open plan modern kitchen! All new plumbing, gas line & electric in entire building! New gas boiler with 75 gallon hot water tank & new rubberize roof, electrical, plumbing, and MORE NO VIOLATION! 3,184 sq ft living space Building size 26 wide & 72 deep! High ceiling & Full basement high ceiling with ceramic tile, lots of windows & 2 entrances! On 36 x 100 lot with secure private drive & yard space that can fit 8-10 cars!! R5 zoning. 1,332 unused FAR! Low taxes- All market value tenant with high CAP rate 6-7%! Fully occupied & rented EXCEPT 3 BEDROOM FRONT 2ND FLOOR! Near A & C train & all buses, shopping plus more! Nothing to do but close & collect rent! FHA Approved!!! Buy with only 3.5% down (Qualify Buyers) Owner VERY motivated!! 1vacant apartment (2ND floor front) hurry before we rent it out! ALL FREE market rent!! No Restriction!! EAT OF THE FLOOR CONDITION! MINT!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1925
  • Stories: 2

Listing Office:

  • Office Name: BRP Associates Inc

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove, Other
  • Basement: Yes
  • Flooring Type: Carpeting, Hardwood, Laminate
  • Fireplace: Stove, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Exterior: Patio Garden, Other

Parking Information:

  • Attached Garage: No
  • Parking: 6+ Spaces, Detached Garage, Parking Area, Private Drive

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
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Housing Market Comparison

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

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Brooklyn, NY

City

Med. Sold Price

$965.9K

Med. Price/SqFt

$689

Avg. Days On Market

101

# of Sold Homes

378

321 Milford St vs Brooklyn

1323 DAYS ON ROCKET

+1222 Days

$1,400,000

+$434K More

KEY TAKEAWAY

This property is $434K more than the Median Sold Price in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #443739

Listing Office:

  • Office Name: BRP Associates Inc

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. 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: 5/2/2024, 9:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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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-4998795
3
/10

  • East New York Elementary School of Excellence

  • 605 Shepherd Ave

  • 0.21 miles

  • Public District Grades PK-5

school-card-donut-4998796
6
/10

  • Achievement First Aspire Charter School

  • 982 Hegeman Ave

  • 0.35 miles

  • Public Charter Grades KG-1

school-card-donut-4998797
5
/10

  • PS 345 Patrolman Robert Bolden

  • 111 Berriman St

  • 0.40 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,557. The majority of Brooklyn, NY residents have income less than $35k annually. 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›Kings County›Brooklyn›11208›321 Milford St

This home is located at 321 Milford St in Brooklyn, NY and zip code 11208 in the East New York neighborhood. This home was built in 1925. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 17, 2020 and is currently priced at $1,400,000.

While more than 25 listings in Brooklyn, NY in April 2024 were sold above asking price, there were more than 208 listings sold at asking price, and more than 145 were sold below. The number of homes for sale in Brooklyn, NY increased by 0.1% between March 2024 and April 2024. In April 2024 median list price was $965,912 and the average listing age was 101 days.

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

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