1 month on rocket

1248 Castle Hill Ave, Bronx, NY, 10462

$2,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,600 SqFt
$583/SqFt
Multi

Location

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1248 Castle Hill Ave, Bronx$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1925
HeatingNatural Gas, Other, Hot Water
CoolingWall Unit(s)
MLS #H6332996
Lot Size0.04 Acres
StatusActive
(A)

About 1248 Castle Hill Ave

Looking for 5.1 cap rate?? then look no further! This unique 6 unit Mix use building w/huge upside potential is ready to go! 3 Commercial units and 3 residential units. Don't miss out on this golden opportunity to seize a slice of this high traffic property located in the Bronx's thriving community of Castle Hill/ Parkchester area. This property is poised for growth and sustainability. The residential units are 2-two bedrooms, 1-one bedroom. The commercial spaces are fully operational. The main anchor tenant is a Beautiful Roti Guyanese restaurant, then a Beauty Salon with heavy clientele and last but not least a Security office that serves the community for all of latest security surveillance installation. call for set up. Serious inquiries only. NO Leases!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 3,600 SqFt

Listing Office:

  • Office Name: Cohen and Cohen Consulting
  • Office Phone: (917) 962-4962

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other, Hot Water
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Waze to Castle Hill and Newbold Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
  • Price Per SqFt: $583/SqFt

Tax Information:

  • Annual Amount: $18,151
  • 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. Sold Price

$589.8K

Med. Price/SqFt

$348

Avg. Days On Market

64

# of Sold Homes

145

1248 Castle Hill Ave vs Bronx

35 DAYS ON ROCKET

-29 Days

$2,100,000

+$1.5M More

$583/SqFt

+$235 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $235/SqFt more than other homes in Bronx, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6332996

Listing Office:

  • Office Name: Cohen and Cohen Consulting
  • Office Phone: (917) 962-4962

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: 11/21/2024, 11:11:50 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

YEARPROP. TAXASSESSMENT
2020$18,151$311,850
2018$15,377$130,564
2017$14,431$120,896

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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-273613
5
/10

  • P.S. 36 Unionport School

  • 1070 Castle Hill Ave

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-273614
4
/10

  • P.S. 106 Parkchester School

  • 1514 Olmstead Ave

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-273615
3
/10

  • Linden Tree Elementary School

  • 1560 Purdy St

  • 0.38 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,235. Most Bronx, NY residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Bronx County›Bronx›10462›1248 Castle Hill Ave

This home is located at 1248 Castle Hill Ave in Bronx, NY and zip code 10462 in the Castle Hill neighborhood. This 3,600 square foot home, which was built in 1925, sits on a 0.04 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $2,100,000.

In October 2024 more than 38 listings in Bronx, NY were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 61 were sold below. The inventory of homes for sale in Bronx, NY between September 2024 and October 2024 increased by 2.8%. The median list price of listings available in October 2024 was $589,852, while the average time on the real estate market was 64 days.

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

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