NOT LISTED FOR SALE

250 Mount Pleasant Ave Mamaroneck, NY 10543

Estimated Value: $1,115,826

5 Beds
4 Baths
2,935 Sq Ft
$380/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $847,500 $289 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,408/month

211 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • Corner Lot
  • Mamaroneck High School Rated A+
  • Wood Flooring
  • 5-minute walk to Harbor Island Park

About This Home

As of May 2021

2-Family House (250 Mt Pleasant) + 2 Commercial Stores (210-214 Palmer Ave). Fantastic investment opportunity, well maintained property located in the center of the village across the street from the Mamaroneck Post Office. Fully occupied 2 family house, 1st floor, 2 beds, LR, bath & EIK. 2nd & 3rd floors, 3 bedrooms, LR, bath & kitchen. Residential parking for 4 cars in driveway, tandem. 2 Commercial stores, fully occupied, one with 1 car garage and 2 car side-by-side driveway. Total parking on property for 7 cars. Please drive-by before making appointment. Please do not approach tenants. Residential rents are significantly below market value. For investors, cap rate is 7% at current rents.

Last Agent to Sell the Property

Anthony D'Onofrio

Berkshire Hathaway HS NY Prop License #30DO0807699 Listed on: 08/19/2020

Berkshire Hathaway HS NY Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,140

Year Built

  • Built in 1860 | Remodeled in 2004

Lot Details

  • 4,565 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Tandem Parking
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 2,935 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Mamaroneck Avenue Elementary School
  • Hommocks Middle School
  • Mamaroneck High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 3203-009-000-00008-000-0613

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,140

Year Built

Built in 1860 | Remodeled in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1860
  • Year Built Effective: 2004
  • Attribution Contact: 914-834-7777
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2004

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 5
  • Living Area: 2935.00
  • Square Footage: 2935.00

Exterior Features

  • Construction Materials: Frame, Aluminum Siding
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway, Tandem

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 1614.00

Schools

  • Elementary School: Mamaroneck Avenue School
  • Middle School: Hommocks School
  • High School: Mamaroneck High School
  • Middle School: Hommocks School

Lot Info

  • Lot Size Acres: 0.1000
  • Lot Size Area: 0.1000
  • Lot Size Sq Ft: 4565.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 3203-009-000-00008-000-0613
  • Property Attached: No

Rental Info

  • Hold Start Date: 2020-11-20
  • Tenant Pays: Electricity

Tax Info

  • Close Date: 2021-05-05
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 17140.00
  • Tax Map Number: 3203-009-000-00008-000-0613

Multi Family

  • Fuel Expense: 3541.00
  • Units Total: 4
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 4
  • Separate Gas Meters: 1

MLS Schools

  • Elementary School: Mamaroneck Avenue School
  • High School: Mamaroneck High School
  • Middle School District: Mamaroneck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
May 5, 2021
Sold by
Palmer Pleasant Realty Llc
Bought by
Mt Pleasant Realty Llc
Seller's Agent
Anthony D'Onofrio
Berkshire Hathaway HS NY Prop
List Price
$875,000
Sold Price
$847,500
Premium/Discount to List
-$27,500
-3.14%
Current Estimated Value
$1,115,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,326
Avg. Annual Appreciation
6.56%
Source: Public Records

Range of Values:

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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
Mt Pleasant Realty Llc $847,500 Judicial Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donofrio Anthony $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $847,500 0.0% $289 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
11/20/2020 11/20/20 Off Market $847,500 -- --
08/19/2020 08/19/20 For Sale $875,000 -- $298 / 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 $16,497 $883,000 $390,000 $493,000
2023 $12,232 $690,000 $390,000 $300,000
2022 $12,993 $690,000 $390,000 $300,000
2021 $17,464 $690,000 $390,000 $300,000
2020 $17,270 $690,000 $390,000 $300,000
2019 $17,141 $690,000 $390,000 $300,000
2018 $16,956 $690,000 $390,000 $300,000
2017 $0 $690,000 $390,000 $300,000
2016 $12,590 $690,000 $390,000 $300,000
2015 -- $690,000 $390,000 $300,000
2014 -- $690,000 $390,000 $300,000
2013 -- $690,000 $390,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6045454

OneKey® MLS

APN: 3203-009-000-00008-000-0613