13 days on rocket

4429 Carpenter Ave, Bronx, NY, 10470

$1,515,000

Home List Price

$10,000*

Closing Credit

0 Baths
5,375 SqFt
$282/SqFt
Multi
Schools Nearby

Location

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4429 Carpenter Ave, Bronx$1,515,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1927
HeatingOil, Hot Water
CoolingWindow Unit(s)
MLS #H6301563
StatusActive
(A)

About 4429 Carpenter Ave

7-unit multifamily, 5.3% cap rate, fully-occupied and well maintained property located in the Bronx, just two blocks from the 2 / 5 train! This income-generating asset offers a stable and lucrative investment with gross income of $143,000 annually. All units are fully occupied and leased ensuring consistent cash flow with the potential for rent increases. **Unit Mix and Rents:** - **Apt. 1:** $1,546.64 - 1 bedroom - **Apt. 2:** $1,577.93 - 1 bedroom - **Apt. 3:** $1,721.74 - 2 bedroom - **Apt. 4:** $1,962.40 - 1 bedroom - **Apt. 5:** $1,968.71 - 2 bedroom - **Apt. 6:** $1,600.00 - 1 bedroom - **Apt. 7:** $1,548.75 - 1 bedroom Key property features include: - **Recent Improvements:** Recently painted hallways, a repointed brick facade, a roof under 10 years old, a newly installed front walkway, and plans for a new intercom system installation. - **Expenses:** Annual expenses total $62,402.46, broken down as electricity ($960), water ($8,000), heating oil ($26,021.90), and property taxes ($27,420.56). - **Stable Tenancy:** With all units currently occupied the property is already income producing. Ideal for anyone seeking a robust investment in a thriving community. Property sold as-is.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Living Area: 5,375 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 276-0630

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Oil, Hot Water
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,515,000
  • Price Per SqFt: $282/SqFt

Tax Information:

  • Annual Amount: $23,909
  • 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

4429 Carpenter Ave vs Bronx

13 DAYS ON ROCKET

-158 Days

$1,515,000

+$942.5K More

$282/SqFt

-$59 Less

KEY TAKEAWAY

This property is $942.5K more than the Median List Price and $59/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: #H6301563

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 276-0630

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: 5/1/2024, 4:11:17 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

Oct 09, 2008Home Sold
$750,000

Tax History

YEARPROP. TAXASSESSMENT
2020$23,909$379,800
2018$20,255$171,947
2017$19,010$159,250

History based on county public records data.

Payment Calculator

$7,629

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,609

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-4266343
6
/10

  • PS 16 Wakefield

  • 4550 Carpenter Ave

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-4266344
3
/10

  • PS 103 Hector Fontanez

  • 4125 Carpenter Ave

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-4266345
5
/10

  • PS 87

  • 1935 Bussing Ave

  • 0.66 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 $69,444. The most common annual income of people living in Bronx, NY is between $35k-100k. Residents typically live in single, no kids family. 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›10470›4429 Carpenter Ave

This home is located at 4429 Carpenter Ave in Bronx, NY and zip code 10470 in the Wakefield neighborhood. This 5,375 square foot home was built in 1927. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $1,515,000.

The number of homes for sale in Bronx, NY increased by 5.3% between February 2024 and March 2024. The median list price of listings available in March 2024 was $572,405, while the average time on the real estate market was 171 days.

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

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