1 month on rocket

Sale Pending

71-17 Fresh Pond Rd, Ridgewood, NY, 11385

$999,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Full Baths
6,120 SqFt
$163/SqFt
Multi
Schools Nearby

Location

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71-17 Fresh Pond Rd, New York$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1931
HeatingNatural Gas, Hot Water
CoolingNone
BasementYes
MLS #3538945
Lot Size0.09 Acres
StatusSale Pending
(U)

About 71-17 Fresh Pond Rd

6-Family Gem in Prime Location Discover investment potential with this 6-family home situated in a sought-after location. Each apartment offers spacious living, providing a comfortable & adjustable atmosphere. Featuring generously sized living rooms, eat-in kitchens, & full bathrooms, these apartments offer a perfect blend of functionality & comfort. Additionally, two bedrooms provide ample space, while an extra room can be utilized as a third bedroom or formal dining area. With five apartments currently leased & generating a substantial income, along with one vacant unit offering potential for renovation, this property presents an excellent opportunity for investors or owner-occupiers. The current rent roll is $90,491.88 annually for the occupied apartments. Tenants cover their own electric & cooking gas expenses. Benefit from recent updates, including a brand-new hot water tank installed just months ago & a youthful roof completed only three years prior. The boiler, installed in 2006, continues to provide reliable heating throughout the property. Apartment 2R was fully renovated about 7 years ago. Full basement for plenty of storage w/outside entrance to the yard. Perfectly situated near public bus routes & the 'M' Train, commuting to Brooklyn & beyond is effortless. Explore the neighborhood's array of major shopping destinations, dining options, & recreational facilities, all within easy reach. Schedule your private viewing today to explore the potential of this property.

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 1931
  • Living Area: 6,120 SqFt

Listing Office:

  • Office Name: Century 21 Amiable Rlty Grp II
  • Office Phone: (718) 835-4700

Interior Features

Interior Information:

  • Appliances: Oven, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Waze

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $163/SqFt
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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

71-17 Fresh Pond Rd vs New York

39 DAYS ON ROCKET

-57 Days

$999,000

+$153.5K More

$163/SqFt

-$474 Less

KEY TAKEAWAY

This property is $153.5K more than the Median Sold Price and $474/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3538945

Listing Office:

  • Office Name: Century 21 Amiable Rlty Grp II
  • Office Phone: (718) 835-4700

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: 4/27/2024, 11:11:16 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

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

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-1692142
4
/10

  • PS 88 Seneca

  • 6085 Catalpa Ave

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-1692143
5
/10

  • PS 68 Cambridge

  • 5909 Saint Felix Ave

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-1692144
5
/10

  • PS 239

  • 1715 Weirfield St

  • 0.49 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 $48,773. The most common annual income of people living in New York, NY is less than $35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Queens County›New York›11385›71-17 Fresh Pond Rd

This home is located at 71-17 Fresh Pond Rd in Ridgewood, NY and zip code 11385 in the Ridgewood neighborhood. This 6,120 square foot home, which was built in 1931, sits on a 0.09 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $999,000.

While more than 154 listings in New York, NY in March 2024 were sold above asking price, there were more than 645 listings sold at asking price, and more than 748 were sold below. Between February 2024 and March 2024, New York, NY real estate market has seen increase in the number of listings by 3.7%. Listings spent 96 days on the market in March 2024, and had a median list price of $845,489 during the same period.

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

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