NOT LISTED FOR SALE
11 Beds
5 Baths
5,106 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: March 27, 2024

Last sale price $975,000 $191 Per Sq Ft

121 Days on Market

Highlights

  • 0.17 Acre Lot
  • Property is near public transit
  • Main Floor Primary Bedroom
  • Colonial Architecture
  • Wood Flooring
  • 4-minute walk to Stefanik Park

About This Home

As of March 2024

Whether you're an investor seeking a reliable income stream or a homeowner looking to live in one unit while renting out the others, this 4 family home plus a storage room that brings in extra $650 income presents a promising opportunity. Rent is below market value and this property could easily bring in over $100,000 per year with an 8% cap rate. The 4 separate units provide the flexibility to rent to multiple tenants, allowing you to maximize your investment. Each unit provides it's own separate entrance and features a well planned layout with multiple bedrooms, living areas, and eat in kitchen spaces, providing a comfortable living environment for residents. One of the two units on the 1st floor has the luxury of a private entrance, eat in kitchen/dining area, hardwood floors, vaulted ceilings, patio, and back yard to enjoy in the warmer months. Additional storage shed in the backyard. This property offers an excellent opportunity for generating rental income while being in close proximity to a plethora of amenities. Residents will enjoy easy access to shopping, dining, entertainment, parks, and public transportation. Commuters will appreciate the convenience of nearby bus stops, Metro North and Amtrak train stations, providing a quick commute to NYC.

Last Agent to Sell the Property

Eric Stein

RE/MAX Distinguished Hms.&Prop Brokerage Phone: (914) 346-8255 License #49ST1168831 Listed on: 10/06/2023

RE/MAX Distinguished Hms.&Prop

Last Buyer's Agent

Franklin Pimentel

The Pimentel Group LLC License #10491210627

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,494

Year Built

  • Built in 1921

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 5,106 Sq Ft Home
  • Storage
  • Wood Flooring
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 1800-002-000-02062-000-0004

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,494

Year Built

Built in 1921

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1921
  • Attribution Contact: (914) 346-8255
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Pantry, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Unfinished
  • Total Bedrooms: 11
  • Living Area: 5106
  • Owner Pays: Insurance
  • SquareFootage: 5106.00
  • SquareFootageSource: Municipality

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 4

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Yonkers Middle School

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 1800-002-000-02062-000-0004
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 5
  • Separate Gas Meters: 4
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 3

Tax Info

  • Tax Annual Amount: 13494
  • Tax Map Number: 1800-002-000-02062-000-0004
  • IncludedInTaxes: Trash

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Mar 27, 2024
Sold by
Bought by
Seller's Agent
Eric Stein
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Franklin Pimentel
The Pimentel Group LLC
List Price
$999,000
Sold Price
$975,000
Premium/Discount to List
-$24,000
-2.4%
Views
148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
0.0694%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 19, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,700
Interest Rate
0.0703%
Mortgage Type
Commercial
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$975,000 Atlantic Title
$100,000 None Available
$223,000 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $682,500
Previous Owner $77,071
Previous Owner $205,000
Previous Owner $200,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 Sold $975,000 -2.4% $191 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
10/06/2023 10/06/23 For Sale $999,000 -- $196 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,839 $12,100 $5,200 $6,900
2024 $2,934 $12,100 $5,200 $6,900
2023 $2,917 $12,100 $5,200 $6,900
2022 $2,897 $12,100 $5,200 $6,900
2021 $9,448 $12,100 $5,200 $6,900
2020 $9,355 $12,100 $5,200 $6,900
2019 $11,207 $12,100 $5,200 $6,900
2018 $8,655 $12,100 $5,200 $6,900
2017 $0 $12,100 $5,200 $6,900
2016 $9,865 $12,100 $5,200 $6,900
2015 -- $12,100 $5,200 $6,900
2014 -- $12,100 $5,200 $6,900
2013 -- $12,100 $5,200 $6,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6271402

OneKey® MLS
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