15 days on rocket

490 Larch Ave, Bogota, NJ, 07603

$760,000

Home List Price

$9,025*

Closing Credit

4 Bedrooms
3 Full Baths
Multi

Location

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490 Larch Ave, Bogota$760,000

Buyer Closing Credits

$9,025*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached, O/See Remk
HeatingBaseboard, Natural Gas, Forced Air, Radiant, Zoned
CoolingCentral Air, Wall/Window Unit(s), Window Unit(s)
BasementYes
WaterfrontNone
FireplaceNone
MLS #24033234
StatusActive
(ACTIVE)

About 490 Larch Ave

Great opportunity to invest and/or owner-occupy and collect strong rental income. +/- 5.5% cap rate for the savvy cash buyer in this shifting market. Property can still be cash flow positive even with climbing interest rates-- Non-QM loans and creative financing available. This well-maintained, high income-producing 2 family is in a very desirable neighborhood and conveniently located to everything in Bogota and neighboring towns. Affordable property taxes, maintenance, and low carrying costs-- with projected 2025 gross income over $57,000 per year. Income and expenses can be available upon request. Second floor unit is currently Month-to-Month and may be vacated for a potential for owner-operator to use.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Town Life
  • Office Phone: (201) 994-9295
  • Listing Agent: Sung Min Yoo

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Other, None

Parking Information:

  • Attached Garage: No
  • Parking: Detached, O/See Remk

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Forced Air, Radiant, Zoned
  • Cooling: Central Air, Wall/Window Unit(s), Window Unit(s)

School Info

Assigned Schools Information:

  • Bogota Jr./Sr. High School, Public District Grades 7-12
  • Lillian M. Steen, Public District Grades KG-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $760,000

Tax Information:

  • Annual Amount: $12,472
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Number: #24033234

Listing Office:

  • Office Name: Keller Williams Town Life
  • Office Phone: (201) 994-9295
  • Listing Agent: Sung Min Yoo

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 26, 1990Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,472$310,400
2019$12,167$310,400
2018$11,795$310,400
2017$11,711$310,400

History based on county public records data.

Payment Calculator

$3,861

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,345

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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.

Elementary School

school-card-donut-857119
4
/10

  • Lillian M. Steen

  • 152 W Main St

  • 0.32 miles

  • Public District Grades KG-6

High School

school-card-donut-857120
7
/10

  • Bogota Jr./Sr. High School

  • 2 Henry C Luthin Place

  • 0.48 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,465. The majority of Bergen County, NJ residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Bergen County›Bogota›07603›490 Larch Ave

This home is located at 490 Larch Ave in Bogota, NJ and zip code 07603. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $760,000.

In September 2024, from all listings sold in Bergen County, NJ there were more than 76 sold above asking price, over 18 sold below and more than 10 were sold right at the asked price. The inventory of homes for sale in Bergen County, NJ between August 2024 and September 2024 increased by 49.8%. While the average time on the market in September 2024 was 13 days, the median list price was $660,383.

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

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