$1,050,000
SOLD JAN 17, 2025
5 Beds
3 Baths
2,640 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$398 Per Sq Ft

11% Above List Price

24 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • White Plains Middle School Rated A-
  • Main Floor Primary Bedroom
  • Recessed Lighting

About This Home

As of January 2025

Discover a remarkable investment opportunity with this stately brick legal three-family home, perfectly situated in the desirable White Plains neighborhood. Nestled on a quiet, tree-lined street, this meticulously maintained property boasts three spacious units, each featuring its own entrance and modern amenities. The classic architectural details combined with solid construction, make this an ideal choice for both seasoned investors and first-time landlords alike. Recent upgrades include a new roof, a state-of-the-art above-ground 275-gallon oil tank, and updated appliances, complemented by a fresh coat of paint throughout. With its generous layout, this property is designed to maximize rental yield and create a strong passive income stream. Enjoy the luxury of a private driveway that offers ample space for your vehicle, along with the added assurance of assigned parking. Convenience is key, as you'll be just moments away from shopping, dining, schools, and major highways, with ample local street parking available. Don’t miss out on this lucrative investment with strong rental demand and the potential for significant returns!

Last Agent to Sell the Property

Gino Bello

Howard Hanna Rand Realty Brokerage Phone: 914-328-8400 License #30BE1014671 Listed on: 11/18/2024

Co-Listed By

Georgette Fryburg

Howard Hanna Rand Realty Brokerage Phone: 914-328-8400 License #10401360206

Last Buyer's Agent

Penelope Herbert

Corcoran Legends Realty License #10401214879

Corcoran Legends Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,983

Year Built

  • Built in 1958

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Triplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Recessed Lighting
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 3 Parking Spaces
  • Driveway
  • Assigned Parking

Schools

  • Post Road Elementary School
  • White Plains Middle School
  • White Plains Senior High School

Utilities

  • No Cooling
  • Heating System Uses Oil

Community Details

  • 3 Units
  • Laundry Facilities
  • 4 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 1700-130-057-00002-000-0009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,983

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Triplex
  • Property Condition: Actual
  • Year Built: 1958
  • Attribution Contact: 914-328-8400
  • Co List Office Mls Id: KEYHOULAW10
  • Co List Office Phone: 914-328-8400
  • Carport Y N: No
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Master Downstairs, Recessed Lighting, Storage, Washer/Dryer Hookup
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Full, Storage Space
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick, Frame
  • Road Frontage Type: Municipal
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 3
  • Garage: No
  • Parking Description: Assigned, Driveway

Utilities

  • Cooling: None
  • Heating: Oil
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: White Plains Middle School

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Building Area Total: 2640
  • Parcel Number: 1700-130-057-00002-000-0009
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 19983
  • Tax Year: 2024

MLS Schools

  • Elementary School: Post Road School
  • High School: White Plains Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Jan 17, 2025
Sold by
Cotone Marc
Bought by
Cabrera Roberto C and Cabrera Graciela
Seller's Agent
Gino Bello
Howard Hanna Rand Realty
Buyer's Agent
Penelope Herbert
Corcoran Legends Realty
List Price
$949,000
Sold Price
$1,050,000
Premium/Discount to List
$101,000
10.64%
Views
63
Current Estimated Value
$1,003,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,908
Avg. Annual Appreciation
0.03%

Purchase Details

Listed on
Aug 1, 2022
Closed on
Jan 12, 2023
Sold by
Palombo Alexandra R
Bought by
Cotone Marc
Seller's Agent
Alexandra Palombo
DRS Realty Group, LLC
List Price
$865,000
Sold Price
$825,000
Premium/Discount to List
-$40,000
-4.62%
Views
140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%
Original Mortgage
$618,750
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2003
Sold by
Minnick Robert P and Minnick Lori J
Bought by
Serino Giuseppe and Serino Gina

Purchase Details

Closed on
Apr 16, 1999
Sold by
Sorkin Peter and Sorkin Donna K
Bought by
Palombo Joseph R and Palombo Alexander R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,857
Interest Rate
6.92%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $1,050,000 Westcor Land Title
Bargain Sale Deed $825,000 --
Bargain Sale Deed $365,000 --
Bargain Sale Deed $392,500 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $618,750 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $462,000 Stand Alone First
Previous Owner $15,077 Unknown
Previous Owner $352,857 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $1,050,000 +10.6% $398 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $949,000 +15.0% $359 / Sq Ft
01/12/2023 01/12/23 Sold $825,000 -4.6% $315 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $865,000 -- $330 / 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 $2,469 $18,000 $2,250 $15,750
2023 $2,477 $18,000 $2,250 $15,750
2022 $16,608 $18,000 $2,250 $15,750
2021 $16,604 $18,000 $2,250 $15,750
2020 $16,338 $18,000 $2,250 $15,750
2019 $18,528 $18,000 $2,250 $15,750
2018 $15,408 $18,000 $2,250 $15,750
2017 $0 $18,000 $2,250 $15,750
2016 $17,001 $18,000 $2,250 $15,750
2015 $13,041 $18,000 $2,250 $15,750
2014 $13,041 $18,000 $2,250 $15,750
2013 $13,041 $18,000 $2,250 $15,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: 800478

OneKey® MLS

APN: 1700-130-057-00002-000-0009