Tremendous opportunity to own this investment property with upside potential in upcoming prime location of New Rochelle. It features of 11 Apartments and a Deli on ground level. Tenants pay for Gas & Electric.
Property Details
Property Features
Property Information:
Year Built: 1920
Living Area: 17,500 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (914) 319-3016
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot: Level, Near Public Transit
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Oil, Hot Water
Cooling: None
Other
Directions Information:
Directions: See Google Map
Price Information
Listing Price Info
Price Summary:
List Price: $3,500,000
Price Per SqFt: $200/SqFt
Tax Information:
Annual Amount: $43,858
Tax Year: 2019
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New Rochelle, NY.
This property is $2.7M more than the Median Sold Price and $156/SqFt less than other homes in New Rochelle, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #H6149426
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (914) 319-3016
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.
The 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: 5/1/2024, 11:56:15 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
YEAR
PROP. TAX
ASSESSMENT
2020
-
$34,800
2019
$43,858
$34,800
2018
$35,996
$34,800
2017
$47,133
$34,800
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.5K
Per Month
Principal & Interest
$17.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.5K
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Columbus Elementary School
275 Washington Ave
Distance between this listing and this school0.77 miles
Public Magnet Grades KG-5
7
/10
Daniel Webster Elementary School
95 Glenmore Dr
Distance between this listing and this school0.78 miles
Public Magnet Grades KG-5
6
/10
Trinity Elementary School
180 Pelham Rd
Distance between this listing and this school0.88 miles
Public District Grades KG-5
Nearby Schools
4
/10
Isaac E Young Middle School
270 Centre Ave
Distance between this listing and this school0.85 miles
Public District Grades 6-8
6
/10
Pelham Middle School
28 Franklin Pl
Distance between this listing and this school1.61 miles
Public District Grades 6-8
4
/10
Amani Public Charter School
261 East Lincoln Averm 7a
Distance between this listing and this school2.32 miles
Public Charter Grades 5-7
Nearby Schools
4
/10
New Rochelle High School
265 Clove Rd
Distance between this listing and this school1.21 miles
Public District Grades 9-12
8
/10
Pelham Memorial High School
575 Colonial Ave
Distance between this listing and this school1.62 miles
Public District Grades 9-12
2
/10
Mount Vernon High School
100 California Rd
Distance between this listing and this school1.80 miles
The neighbors living near this home have an average income of $31,167. The most common annual income of people living in New Rochelle, NY is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 342 N Ave in New Rochelle, NY and zip code 10801. This 17,500 square foot home, which was built in 1920, sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 16, 2021 and is currently priced at $3,500,000.
Over 22 listings were sold over their listed price in April 2024 in New Rochelle, NY. In the same period over 15 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in New Rochelle, NY increased by 6.7% between March 2024 and April 2024. Listings spent 39 days on the market in April 2024, and had a median list price of $751,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.