Location, Location, Location! We are most proud to present this fabulous corner 2 family home in the Flatlands/Old Mill Basin section of Brooklyn, NY. This meticulous two family checks all the boxes. The top floor is a stunning and spacious 2 bedroom unit that is move in ready. The kitchen features high end granite counter tops, stainless steel appliances and 2 large bedrooms as the home is 20 ft wide. The European bathroom has been updated and is in very nice condition. There are interior stairs that lead to the first floor unit and to the washer/dryer and mechanicals. The first floor unit is 3 spacious bedrooms, updated kitchen with granite counter tops and modern bathroom. We refer to the backyard as an oasis as it is very private and inviting. Parking is plentiful as there is community drive for one spot and home features additional private parking. Lots of land as this is a corner property with long side yard and gorgeous rose bush. Lots of shopping in the area, fine restaurants, wonderful schools, and an abundance of mass transit. This gem will not last!
Property Details
Property Features
Property Information:
Architectural Style: High Ranch
Year Built: 1960
Stories: 1
Living Area: 1,818 SqFt
Listing Office:
Office Name: Bergen Basin Realty LLC
Interior Features
Interior Information:
Appliances: Dryer, Refrigerator, Stove
Basement: Yes
Flooring Type: Hardwood
Fireplace: Stove
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Exterior: Porch
Parking Information:
Garage Space: 2 spaces
Parking: 2 Spaces, Community Drive
Utilities
Utilities Information:
Heating: Steam, Natural Gas
Price Information
Listing Price Info
Price Summary:
List Price: $875,000
Price Per SqFt: $481/SqFt
Tax Information:
Annual Amount: $5,373
Tax Year: 2020
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 Brooklyn, NY.
This property is $109.4K less than the Median Sold Price and $216/SqFt less than other homes in Brooklyn, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #487422
Listing Office:
Office Name: Bergen Basin Realty LLC
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.
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: 11/16/2024, 5:20:46 AM 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
$5,373
$32,460
2018
$4,812
$26,582
2017
$4,420
$25,078
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.
$4,435
Per Month
Principal & Interest
$4,368
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
$2,690
Powered By
Advertisement
NMLS#3030
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
4
/10
P.S. 251 Paerdegat School
1037 E 54th St
Distance between this listing and this school0.12 miles
Public District Grades KG-5
8
/10
P.S. 203 Floyd Bennett School
5101 Avenue M
Distance between this listing and this school0.65 miles
Public District Grades KG-5
6
/10
P.S. 276 Louis Marshall School
1070 E 83rd St
Distance between this listing and this school0.76 miles
Public District Grades PK-5
Nearby Schools
5
/10
I.S. 68 Isaac Bildersee
956 E 82nd St
Distance between this listing and this school0.66 miles
Public District Grades 6-8
4
/10
P.S. 109 Brooklyn
1001 E 45th St
Distance between this listing and this school0.69 miles
Public District Grades KG-8
10
/10
Success Academy Charter School - Bergen Beach
1420 E 68th St Fl ST-3rd
Distance between this listing and this school0.82 miles
Public Charter Grades KG-7
Nearby Schools
3
/10
Victory Collegiate High School
6565 Flatlands Ave
Distance between this listing and this school0.31 miles
Public District Grades 9-12
4
/10
Brooklyn Theatre Arts High School
6565 Flatlands Ave
Distance between this listing and this school0.31 miles
Public District Grades 9-12
3
/10
Brooklyn Community High School for Excellence and Equity
6565 Flatlands Ave
Distance between this listing and this school0.31 miles
The neighbors living near this home have an average income of $57,564. Typical income of Brooklyn, NY residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 1041 E 56th St in Brooklyn, NY and zip code 11234 in the Flatlands neighborhood. This 1,818 square foot home was built in 1960. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $875,000.
Brooklyn, NY housing market in October 2024 saw over 50 listings sold above listed price, more than 217 sold at listed price and over 169 sold below. Between September 2024 and October 2024, Brooklyn, NY real estate market has seen increase in the number of listings by 0.1%. While the average time on the market in October 2024 was 97 days, the median list price was $984,431.
From Rocket Homes Real Estate and based on county public records data.