masterkey logo
3115 Willow Ln
Score
0
Bronx, NY

3115 Willow Ln

4K
4 bd • 2 ba • 1,700 sf

This analysis was generated on 2/22/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$4,250

Price/Sq.Ft

$3

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Low price per square foot: At $2.50 per square foot, the property is significantly below the Bronx average, offering a potential entry point for budget-conscious buyers or investors willing to undertake renovations. The average sales price per square foot in the Bronx is around $400. • Four-bedroom layout: The four-bedroom layout can appeal to families or renters seeking ample space. The average four-bedroom rental rate in the Bronx is $3,570, indicating strong rental income potential. • Location in the Bronx: The property's location in the Bronx provides access to various amenities, transportation options, and cultural attractions. The Bronx is a dynamic borough with diverse neighborhoods and opportunities.

The Bad

• Lack of property details: The absence of a property description, room details, and utility information makes it difficult to assess the property's true condition and value. This lack of transparency raises concerns about potential hidden issues. • Unknown year built: The unknown year built is a significant drawback, as it makes it challenging to estimate the property's condition and potential maintenance costs. Older homes often require more repairs and upgrades. • No listed features: The absence of listed property features limits the ability to compare this property to others in the market. This lack of information makes it difficult to determine if the property offers competitive amenities or upgrades.

The Ugly

• Potential for significant repairs: Given the lack of information and unknown year built, the property could require extensive repairs and renovations. These costs can quickly add up and exceed the initial purchase price. • High property taxes: Property taxes in the Bronx are generally high, which can significantly increase the monthly cost of ownership. This factor should be carefully considered when evaluating affordability. • Unknown condition of utilities: The absence of utility information raises concerns about the condition of the plumbing, electrical, and heating systems. Outdated or faulty systems can lead to costly repairs and safety hazards.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Investors seeking properties with high rental income potential. The property's four-bedroom layout aligns with the average four-bedroom rental rate of $3,570 in the Bronx, suggesting a strong cash flow opportunity. • Buyers comfortable with older homes who are looking for a property with potential for renovation and value appreciation. The unknown build year offers a chance to modernize the property to increase its market value. • Buyers seeking properties in close proximity to public transportation. This property offers convenient city access for daily commutes and travel, which is a major advantage in the Bronx market.

Not For

• Individuals seeking modern, move-in-ready homes. The unknown year built and lack of listed features suggest potential renovations and updates will be necessary. • Buyers with limited budgets who are unable to handle unexpected repairs or high maintenance costs. Older homes in the Bronx often require significant upkeep. • Buyers who prioritize low property taxes. Property taxes in the Bronx are generally substantial, which should be factored into the total cost of ownership.
Demographics
Area Median Income

$61,087

Property History

Price History
Ownership Timeline
$0Cash Purchase
Mar 15, 2017
Gregory A Bellini, Nicholas J BelliniGregory A Bellini, Nicholas J Bellini
Deed
Non-Arm's Length Transactions

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Schools

Nearby school quality by education level

Elementary

5.6/10
Average

Middle

6.2/10
Good

High

2.5/10
Below Average

Financials

Monthly Costs
Market Rent (4 bed)

$2,290

Get a detailed estimate on Zillow
Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$4,250
Price/sqft
$3
Layout
4 bd2 ba
0

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$760,833

99.4%

Your price is 99.4% below average

Median Price

$750,000

99.4%

Based on 6 recent sales

Price per Sq.Ft

$471

99.5%

Your price is 99.5% below average $/sqft

Comparable Properties

1361 Edwards Avenue, Bronx, NY 10461
Price: $830,000
Sq.Ft: 1,992
Beds/Baths: 5/2
$/Sq.Ft:
$41716566.7%
Sale Date: 11/19/2024
3040 Coddington, Bronx, NY 10461
Price: $750,000
Sq.Ft: 1,500
Beds/Baths: 3/2
$/Sq.Ft:
$50019900.0%
Sale Date: 10/28/2024
3240 Griswold Avenue, Bronx, NY 10465
Price: $725,000
Sq.Ft: 1,872
Beds/Baths: 3/2
$/Sq.Ft:
$38715391.5%
Sale Date: 10/18/2024
3209 Ampere Avenue, Bronx, NY 10465
Price: $665,000
Sq.Ft: 1,632
Beds/Baths: 3/2
$/Sq.Ft:
$40716199.0%
Sale Date: 9/20/2024
1428 Gillespie Avenue, Bronx, NY 10461
Price: $745,000
Sq.Ft: 1,476
Beds/Baths: 3/2
$/Sq.Ft:
$50520089.7%
Sale Date: 9/19/2024
1934 Hobart Avenue, Bronx, NY 10461
Price: $850,000
Sq.Ft: 1,400
Beds/Baths: 3/2
$/Sq.Ft:
$60724185.7%
Sale Date: 9/27/2024

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow listing.

Free Analysis
AI-Powered Insights
Instant Results

Similar Properties

No similar properties found at this time.