NOT LISTED FOR SALE

264 Edwards Place Unit 268 Yonkers, NY 10703

Northwest Yonkers Neighborhood

Estimated Value: $603,000 - $868,000

4 Beds
2 Baths
2,160 Sq Ft
$359/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $330,000 $153 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $4,261/month

47 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Hot Water Heating System
  • Property is near public transit
  • Park
  • 5-minute walk to Dunn Park

About This Home

As of June 2016

Great opportunity to purchase a 2 family with a potential building lot in M Zone. .25 acre property. This property offers so many options. You can leave the existing home, and have a lovely terraced property. You can keep the existing home and build a new one on the Forman side of the property. Knock down the existing home and build 2 new 2 families or turn the property into an apartment building due to the M Zoning. Must be purchased with cash only. Detached 2 car garage on the property. Property extends to 2 streets; Edwards Pl and forman St. Survey is available. Taxes do not included the star reduction. House is over assessed and can be grieved.

Last Agent to Sell the Property

Eric Stein

RE/MAX Distinguished Hms.&Prop Brokerage Phone: 914-346-8255 License #49ST1168831 Listed on: 12/03/2015

RE/MAX Distinguished Hms.&Prop

Last Buyer's Agent

Bianca Ferraioli

Douglas Elliman Real Estate License #10301208345

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,548

Year Built

  • Built in 1931

Lot Details

  • 0.25 Acre Lot
  • No Common Walls
  • Sloped Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 2,160 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Schools

  • Yonkers Early Childhood Academy Elementary School
  • Yonkers Middle School
  • Yonkers High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1800-002-000-02422-000-0061-74

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

$10,548

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1931
  • Attribution Contact: 914-346-8255
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 4
  • Living Area: 2160
  • SquareFootage: 2160.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Brick

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Yonkers Middle School

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 0.2500
  • Lot Size Sq Ft: 10890
  • Lot Size Units: Acres
  • Lot Features: Sloped, Near Public Transit
  • Parcel Number: 1800-002-000-02422-000-0061-74
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 10548
  • Tax Map Number: 1800-002-000-02422-000-0061-74
  • IncludedInTaxes: Trash

MLS Schools

  • Elementary School: Yonkers Early Childhood Academy
  • High School: Yonkers High School
  • Middle School District: Yonkers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2015
Closed on
Jun 1, 2016
Sold by
Femia Joseph
Bought by
Mayhorn Kimberly E
Seller's Agent
Eric Stein
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Bianca Ferraioli
Douglas Elliman Real Estate
List Price
$249,000
Sold Price
$330,000
Premium/Discount to List
$81,000
32.53%
Current Estimated Value
$774,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,379
Avg. Annual Appreciation
9.43%
Original Mortgage
$542,327
Outstanding Balance
$432,894
Interest Rate
3.66%
Mortgage Type
FHA
Estimated Equity
$341,485
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
Mayhorn Kimberly E $350,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayhorn Kimberly E $542,327
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $330,000 +32.5% $153 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
12/03/2015 12/03/15 For Sale $249,000 -- $115 / 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 $2,161 $12,000 $6,800 $5,200
2023 $2,167 $12,000 $6,800 $5,200
2022 $2,133 $12,000 $6,800 $5,200
2021 $10,377 $12,000 $6,800 $5,200
2020 $10,378 $12,000 $6,800 $5,200
2019 $11,901 $12,000 $6,800 $5,200
2018 $9,816 $12,000 $6,800 $5,200
2017 $0 $12,000 $6,800 $5,200
2016 $10,689 $12,000 $6,800 $5,200
2015 -- $12,000 $6,800 $5,200
2014 -- $12,000 $6,800 $5,200
2013 -- $12,000 $6,800 $5,200
Source: Public Records

Agents Affiliated with this Home

  • Eric Stein

    Seller's Agent in 2016

    Eric Stein

    RE/MAX

    (914) 469-8125

    33 in this area

    270 Total Sales

    Eric Stein
    Section Image

  • B

    Buyer's Agent in 2016

    Bianca Ferraioli

    Douglas Elliman Real Estate

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4552464

OneKey® MLS

APN: 1800-002-000-02422-000-0061-74

New York Westchester County Yonkers 10703 Northwest Yonkers

264 Edwards Place Unit 268, Yonkers, NY

Not Listed for Sale

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