5 months on rocket

1285 Hoe Ave, Bronx, NY, 10459

$879,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
4 Full Baths
1,400 SqFt
$628/SqFt
Multi

Location

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1285 Hoe Ave, Bronx$879,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingOn Street, Private
Year Built1901
HeatingElectric
CoolingWall/Window Unit(s)
MLS #L3592014
StatusActive

About 1285 Hoe Ave

Calling All Investors, Landlords, and Renters Aspiring to be Owners. Come See this Rare Opportunity to Purchase this Bronx Multi Family with 1- 3 Family House and a Separate 1 Family House. Updates Include Electrical Meters and Panels, Some Windows, Siding on Rear House, Updated Bathrooms, House does need some TLC but this property is priced to sell and provides Instant Equity and a Double Digit Cap Rate opportunity. This property comes with air rights for additional stories/units to be added. Currently a Total of 10 Bedrooms, 4 bathrooms, and 4 Rental Units within Two separate dwellings! Perfect location close to Public Transportation, Freeman St. Train Station,Shopping and More! Inquire Today for details and private viewings!, Additional information: Appearance:Excellent

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1901
  • Living Area: 1,400 SqFt

Listing Office:

  • Office Name: RE/MAX Best
  • Office Phone: (631) 321-0100

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: On Street, Private

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Freeman St. to Hoe

Price Information

Listing Price Info

Price Summary:

  • List Price: $879,000
  • Price Per SqFt: $628/SqFt

Tax Information:

  • Annual Amount: $2,528
  • 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

$592.3K

Med. Price/SqFt

$348

Avg. Days On Market

60

# of Sold Homes

164

1285 Hoe Ave vs Bronx

173 DAYS ON ROCKET

+113 Days

$879,000

+$286.6K More

$628/SqFt

+$280 More

KEY TAKEAWAY

This property is $286.6K more than the Median Sold Price and $280/SqFt more than other homes in Bronx, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #L3592014

Listing Office:

  • Office Name: RE/MAX Best
  • Office Phone: (631) 321-0100

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: 12/12/2024, 7:13:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 11, 2015Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,528$40,920
2018$2,279$11,851
2017$1,488$11,181

History based on county public records data.

Payment Calculator

$4,455

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,702

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-2081296
3
/10

  • P.S. 134 George F. Bristow

  • 1330 Bristow St

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-2081297
5
/10

  • P.S. 66 School of Higher Expectations

  • 1001 Jennings St

  • 0.22 miles

  • Public District Grades KG-5

school-card-donut-2081298
7
/10

  • Samara Community School

  • 1550 Vyse Ave

  • 0.31 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,642. Residents of Bronx, NY typically earn less than $35k each year. Typical family type is single, no kids. 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›10459›1285 Hoe Ave

This home is located at 1285 Hoe Ave in Bronx, NY and zip code 10459 in the Southwest Bronx neighborhood. This 1,400 square foot home was built in 1901. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $879,000.

While more than 52 listings in Bronx, NY in November 2024 were sold above asking price, there were more than 37 listings sold at asking price, and more than 75 were sold below. The number of homes for sale in Bronx, NY decreased by 6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $592,317, while the average time on the real estate market was 60 days.

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

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