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Buchanan 10511
124 Bannon Avenue
$460,000
● House - Off Market

124 Bannon Avenue

Cortlandt, NY 10511
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,265 Ft²
$448,326
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Handyman special w/ loads of potential on a 1+ acre lot! Original owners. Heating, plumbing, electric & appliances in working condition. Hardwood floors and Original Details throughout. Come restore this quintessential Buchanan home to its former glory.  House being sold in as-is condition. Natural gas, sewer and municipal water. Close to school, shopping and transportation. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
1,265 Ft²
Days on Market
-
Land Size
1.16 acres
Price per sqft
$356
Property Type
House
Property Taxes
$971
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (OneKey MLS #KEYH6257374)

Price History

Date / Event Date Event Price
Oct 16, 2023 Sold
Premium
Sold
Aug 22, 2023 In contract -
In contract
Jul 14, 2023 Price Decreased $450,000
↓ $25K (5.3%)
Price Decreased
Jun 30, 2023 Listed by Coldwell Banker Realty $475,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,605
  • Lot Size Depth Feet: 2,150
  • Lot Size Frontage Feet: 2,460
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001161
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 22.00-015-011

Neighborhood

  • School District Name: Hendrick Hudson Central School District
  • School Tax School District: HENDRICK HUDSON
  • Census Tract: 014000

Geography

  • Account Number: 22.00-015-0
  • District: 552201
  • Section: 54.07
  • Parcel: 552201 54.7-1-11
  • Block: 1
  • Lot: 11.000
  • Municipality: BUCHANAN
  • Latitude: 41.2528
  • Longitude: -73.9433

    Address

  • Full Address: 124 Bannon Ave
  • Address - House Number: 124
  • Address - Street Name: Bannon
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Buchanan
  • Carrier Code: C001
  • 4-Digit Zip Code: 1302
  • Zip Code: 10511

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,312,302
  • Tax Rate Code Area: 552203

    Appraisal Valuation

  • Standard Deviation: 0.2286
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 517,028
  • High Value: 635,246
  • Low Value: 398,811

    Market Valuation

  • Market Total Value: $426,175
  • Market Land Value: $92,282
  • Market Improvement Value: $333,893

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,350
  • Assessed Land Value: $1,375
  • Assessed Improvements Value: $4,975

    Sales

  • Current Sale Contract Date: Oct 16, 2023
  • Current Sale Recording Date: Oct 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 3002
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Buchanan

Stats & Trends

Median Asking:

$597,500

Sale Price/ft²

$370

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2472 ft²

Average Home Age

43 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 105 Osborne Avenue, Peekskill, NY, 10566

$3,600 /mo

  • 3 Beds
  • 1 Bath
  • 2,100 ft²
105 Osborne Avenue, Peekskill, NY, 10566 Listing by Angelica K. Quizhpi
Unit for rent at 9 Lafayette Street, Verplanck, NY, 10596

$1,950 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
9 Lafayette Street #2, Verplanck, NY, 10596 Listing by Cecilia Feng

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 124 Bannon Avenue built and last sold?
The property at 124 Bannon Avenue was built in and last sold on Oct 16, 2023 for $460,000.
How much is this home worth?
The estimated value of the home located at 124 Bannon Avenue is $459,856.
What are some comparable homes to 124 Bannon Avenue?
There are currently no comparable homes to 124 Bannon Avenue.
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