NOT LISTED FOR SALE

22 Underhill St Tuckahoe, NY 10707

Estimated Value: $810,232 - $1,060,000

4 Beds
2 Baths
1,704 Sq Ft
$573/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $680,000 $399 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,703/month

28 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to Tuckahoe Station
  • Corner Lot
  • William E Cottle School Rated A
  • Property is near public transit
  • 4 Car Detached Garage

About This Home

As of March 2020

.Wonderful opportunity to buy a two family house with 3 car detached garage and additional 4 car parking in front of garages. House is a short walk to train(30 minutes into Grand Central) and shopping. First floor apartment renovated with newer kitchen and new bathroom. Second floor apartment has a similar layout, but adds an additional office to the apartment that can be used for a 3rd bedroom. Basement has laundry and is full and partially finished with a door to yard. Enclosed front porch makes for a perfect mud room entering into both apartments. Beautiful patios off the side and front of the house that is perfect for entertaining. TENANT LEASE EXPIRES ON OCTOBER 31, 2020 AND THE RENT IS SIGNIFICANTLY BELOW MARKET VALUE. ONCE HOUSE IS REPOSITIONED WITH NEW TENANTS THE PROJECTED NET OPERATING INCOME IS $34,017 AND HAS A PROJECTED CAP RATE OF 5%. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:3 Car Detached,

Last Agent to Sell the Property

Marc Gerber

Berkshire Hathaway HS NY Prop License #30GE0818317 Listed on: 12/18/2019

Berkshire Hathaway HS NY Prop

Co-Listed By

Alfred Bruno

Berkshire Hathaway HS NY Prop License #10401291640

Last Buyer's Agent

Dolf Beil

Keller Williams NY Realty License #30BE0968095

Keller Williams NY Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,183

Year Built

  • Built in 1929

Lot Details

  • 6,020 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Duplex
  • Colonial Architecture
  • Frame Construction
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near shops

Schools

  • William E Cottle Elementary School
  • Tuckahoe Middle School
  • Tuckahoe High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Gas Water Heater

Additional Features

  • Eat-In Kitchen
  • Patio
  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2403-033-000-00008-000-0020

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,183

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Year Built: 1929
  • Co List Office Mls Id: KEYBHHSWP01
  • Co List Office Phone: 914-779-1700
  • ResoBuildingAreaSource: Other
  • CurrentPrice: 680000.00
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 4913169.3198
  • CurrentPrice_By_BuildingAreaTotal: 399.06103
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Eat-in Kitchen
  • Full Bathrooms: 2
  • Basement: Partially Finished
  • Total Bedrooms: 4
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Aluminum Siding, Frame
  • Patio and Porch Features: Patio
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 4
  • Parking Description: Detached

Utilities

  • Cooling: None
  • Heating: Oil, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Tuckahoe

Lot Info

  • Lot Size Acres: 0.1382
  • Lot Size Sq Ft: 6020
  • Lot Features: Corner Lot, Near Public Transit, Near Shops
  • Parcel Number: 2403-033-000-00008-000-0020
  • Property Attached: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 16183
  • Tax Year: 2019

MLS Schools

  • Elementary School: William E Cottle School
  • High School: Tuckahoe High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Mar 25, 2020
Sold by
Pinto John J
Bought by
Zheng Shuangwu
Seller's Agent
Marc Gerber
Berkshire Hathaway HS NY Prop
Buyer's Agent
Dolf Beil
Keller Williams NY Realty
List Price
$679,000
Sold Price
$680,000
Premium/Discount to List
$1,000
0.15%
Current Estimated Value
$976,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,808
Avg. Annual Appreciation
6.61%
Original Mortgage
$510,000
Outstanding Balance
$450,816
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$525,992

Purchase Details

Closed on
Aug 9, 1995
Sold by
Tencza William C and Duncan Geraldine Ann
Bought by
Pinto John J

Purchase Details

Closed on
Sep 29, 1994
Sold by
Tencza William C and Tencza Yola
Bought by
Tencza William C and Duncan Geraldine Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zheng Shuangwu $680,000 Rjf Title Agncy Llc
Pinto John J $210,000 First American Title Ins Co
Tencza William C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Shuangwu $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $680,000 -- --
03/25/2020 03/25/20 Sold $680,000 +0.1% $399 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $679,000 -- $398 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18,665 $6,200 $1,700 $4,500
2023 $18,097 $6,200 $1,700 $4,500
2022 $17,708 $6,200 $1,700 $4,500
2021 $17,086 $6,200 $1,700 $4,500
2020 $16,915 $6,200 $1,700 $4,500
2019 $16,660 $6,200 $1,700 $4,500
2018 $12,695 $6,200 $1,700 $4,500
2017 -- $6,200 $1,700 $4,500
2016 $15,458 $6,200 $1,700 $4,500
2015 -- $6,200 $1,700 $4,500
2014 -- $6,200 $1,700 $4,500
2013 -- $6,200 $1,700 $4,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H5127717

OneKey® MLS

APN: 2403-033-000-00008-000-0020