3 years on rocket

342 N Ave, New Rochelle, NY, 10801

$3,500,000

0 Baths
17,500 SqFt
$200/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1920
HeatingOil, Hot Water
CoolingNone
BasementYes
MLS #H6149426
Lot Size0.11 Acres
StatusActive
(A)

About 342 N Ave

Tremendous opportunity to own this investment property with upside potential in upcoming prime location of New Rochelle. It features of 11 Apartments and a Deli on ground level. Tenants pay for Gas & Electric.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 17,500 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (914) 319-3016

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level, Near Public Transit
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Oil, Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: See Google Map

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $43,858
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in New Rochelle, NY.

Med. Sold Price

$780K

Med. Price/SqFt

$379

Avg. Days On Market

41

# of Sold Homes

52

342 N Ave vs New Rochelle

1125 DAYS ON ROCKET

+1084 Days

$3,500,000

+$2.7M More

$200/SqFt

-$179 Less

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price and $179/SqFt less than other homes in New Rochelle, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6149426

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (914) 319-3016

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: 11/14/2024, 5:11:51 PM 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 - $34,800
2019$43,858$34,800
2018$35,996$34,800
2017$47,133$34,800

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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-211917
5
/10
  • Columbus Elementary School

  • 275 Washington Ave

  • 0.78 miles

  • Public Magnet Grades KG-5

school-card-donut-211918
6
/10
  • Daniel Webster Elementary School

  • 95 Glenmore Dr

  • 0.78 miles

  • Public Magnet Grades KG-5

school-card-donut-211919
5
/10
  • Trinity Elementary School

  • 180 Pelham Rd

  • 0.88 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,167. The most common annual income of people living in New Rochelle, NY is less than $35k. 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

Living In New Rochelle, NY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in New Rochelle, NY?

New Rochelle's housing market is diverse, offering a mix of residential options that cater to a range of preferences and lifestyles. Single-family homes make up a significant portion of the housing stock, with architectural styles ranging from classic Victorian to contemporary. Multi-family dwellings, including apartments and condominiums, add to the urban feel in certain districts. The homeownership rate in New Rochelle is robust, reflecting a community invested in its living spaces.

Is New Rochelle, NY a good place to live?

New Rochelle is celebrated for its vibrant community spirit and rich cultural heritage. The city prides itself on a blend of urban and suburban elements, providing a lively downtown area alongside quieter, tree-lined residential neighborhoods. Annual events and festivals contribute to the strong sense of community, showcasing local arts, cuisine, and traditions that are integral to the city's character.

Are things conveniently located in New Rochelle, NY?

The city is served by a comprehensive array of services, ensuring residents have access to quality education, healthcare, and amenities. New Rochelle's educational system includes several public and private schools, catering to all age groups and offering various specialized programs. Healthcare facilities are well-distributed, with a local hospital and numerous clinics providing a spectrum of medical services. Retail and dining options are plentiful, reflecting the diverse tastes and cultures of the community, and the public library system supports lifelong learning and community engagement.

What does the transportation in New Rochelle, NY look like?

Transportation in New Rochelle is well-facilitated by a combination of public transit and road networks. The city's public transportation system includes buses that run on regular schedules, connecting residents to key areas within the city and to neighboring regions. For those who prefer private transport, major highways and thoroughfares provide efficient routes for commuting and travel. The community also features areas with high walkability, particularly in the downtown district, and bike lanes are available for cyclists. Ride-sharing services are operational, offering additional mobility options for residents.
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Rocket HomesNew YorkWestchester CountyNew Rochelle10801342 N Ave

This home is located at 342 N Ave in New Rochelle, NY and zip code 10801. This 17,500 square foot home, which was built in 1920, sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 16, 2021 and is currently priced at $3,500,000.

In October 2024 more than 26 listings in New Rochelle, NY were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 16 were sold below. Between September 2024 and October 2024, New Rochelle, NY real estate market has seen decrease in the number of listings by 1.8%. While the average time on the market in October 2024 was 41 days, the median list price was $780,000.

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

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