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New Rochelle 10801
16 Bailey Place
$815,000
● House - Off Market

16 Bailey Place

New Rochelle, NY 10801
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,280 Ft²
$830,991
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Classic Tudor home nestled in a great neighborhood in New Rochelle! This charming Tudor features an abundance of natural light and an old-world charm that can't be duplicated. The main level boasts a beautiful sundrenched living room w/fireplace, cozy sunroom/den, eat-in kitchen with heated floors and granite counters, entry hall with powder room and formal dining room.  The second level has a Primary bedroom with private bath, 2 large bedrooms and hall bath.  The finished basement has a full bath, office, laundry, and tv area.  Wood floors throughout and some cedar closets too!   The garage fits 2 cars tandem style.  Walk to shops, parks, school..  Drive to the Hutch in 2 minutes. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
2,280 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$350
Property Type
House
Property Taxes
$1,467
HOA Dues
-
Year Built
1931

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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: 5 months ago (OneKey MLS #KEYH6179052)

Price History

Date / Event Date Event Price
Apr 18, 2022 Listed by Howard Hanna Rand Realty $799,000
Listed by Howard Hanna Rand Realty
Apr 16, 1999 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 615
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,974
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: New Rochelle City School District
  • School Tax School District: NEW ROCHELLE
  • Census Tract: 006600

Geography

  • District: 551000
  • Parcel: 551000 5-1600-0070
  • Block: 1600
  • Lot: 0.070
  • Municipality: NEW ROCHELLE
  • Latitude: 40.9271
  • Longitude: -73.7963

    Address

  • Full Address: 16 Bailey Pl
  • Address - House Number: 16
  • Address - Street Name: Bailey
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: New Rochelle
  • Carrier Code: C031
  • 4-Digit Zip Code: 1202
  • Zip Code: 10801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,647,498
  • Tax Rate Code Area: 551000

    Appraisal Valuation

  • Standard Deviation: 0.2373
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 864,532
  • High Value: 1,069,758
  • Low Value: 659,305

    Market Valuation

  • Market Total Value: $730,928
  • Market Land Value: $121,134
  • Market Improvement Value: $609,794

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,180
  • Assessed Land Value: $2,350
  • Assessed Improvements Value: $11,830

    Sales

  • Current Sale Contract Date: Sep 19, 2022
  • Current Sale Recording Date: Sep 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3341
  • Previous Sale Recording Date: Apr 16, 1999
  • Previous Sale Contract Date: Oct 13, 1998
  • Previous Sale Amount: $253,000
  • Previous Sale Document Type: 33
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 New Rochelle

Stats & Trends

Median Asking:

$839,000

Sale Price/ft²

$427

Below Asking

0.01%

Average Days on Market

92

Average Home Size

1803 ft²

Average Home Age

78 years

Currently For Sale

138 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 96 Grandview Avenue, Mount Vernon, NY, 10553

$3,450 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
96 Grandview Avenue, Mount Vernon, NY, 10553 Listing by Derek J. Greene
Unit for rent at 168 Hillside Avenue, Mount Vernon, NY 10553

$2,900 /mo

  • 3 Beds
  • 1 Bath
168 Hillside Avenue #2, Mount Vernon, NY 10553 Listing by Steven BenShabat

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 16 Bailey Place built and last sold?
The property at 16 Bailey Place was built in 1931 and last sold on Sep 19, 2022 for $815,000.
How much is this home worth?
The estimated value of the home located at 16 Bailey Place is $820,251.
What are some comparable homes to 16 Bailey Place?
There are currently no comparable homes to 16 Bailey Place.
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