See Home Value
Westchester 10506
2 Banks Farm Road
$642,500
House - Off Market

2 Banks Farm Road

North Castle, NY 10506
bedrooms
2 Beds
bathrooms
2 Baths
$4,465
Estimated Monthly
$0
HOA / Fees
3.81%
Cap Rate

About This Property

Charming cottage in a prime location nestled on 2 acres on a cul de sac. Perfectly situated between Armonk, Bedford, and Greenwich, offering the ultimate convenience. Whether you prefer to move in and relish the cozy charm as is or create your dream home, this home offers endless possibilities. Inside, the spacious interior provides the ease of one-floor living. Outside, enjoy the natural beauty that surrounds you on the front porch or in the level backyard. Don't miss the oversized detached 2-car garage featuring a large studio space ideal for a home office. 50 minutes to NYC. 38 minutes express trains from North White Plains train station.
Unit Size
-
Days on Market
272 days
Land Size
2.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,032
HOA Dues
-
Year Built
1730
Last updated: 2 months ago (OneKey MLS #ONEH6256969)

Price History

Date / Event Date Event Price
Mar 28, 2024 Sold $642,500
Sold
Jan 24, 2024 In contract -
In contract
Dec 13, 2023 Price Decreased $699,000
↓ $20K (2.8%)
Price Decreased
Nov 9, 2023 Price Decreased $719,000
↓ $31K (4.1%)
Price Decreased
Jun 30, 2023 Listed by Compass Greater NY, LLC $750,000
Listed by Compass Greater NY, LLC
Charming cottage in a prime location nestled on 2 acres on a cul de sac. Perfectly situated between Armonk, Bedford, and Greenwich, offering the ultimate convenience. Whether you prefer to move in and relish the cozy charm as is or create your dream home, this home offers endless possibilities. Inside, the spacious interior provides the ease of one-floor living. Outside, enjoy the natural beauty that surrounds you on the front porch or in the level backyard. Don't miss the oversized…

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1730
  • Effective Year Built: 1730
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 1,100
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,692
  • Building Area: 1,692
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,692
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 2
  • Standard Land Use Code: Single family residential

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Byram Hills Central School District
  • School Tax School District: BYRAM HILLS
  • Census Tract: 012304

Zoning

  • Zoning: R-2A

Geography

  • Account Number: R2A
  • District: 553800
  • Section: 95.01
  • Parcel: 553800 95.01-2-43
  • Block: 2
  • Lot: 43.000
  • Municipality: NORTH CASTLE
  • Latitude: 41.1705
  • Longitude: -73.6554

    Address

  • Full Address: 2 Banks Farm Rd
  • Address - House Number: 2
  • Address - Street Name: Banks Farm
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Bedford
  • Carrier Code: R004
  • 4-Digit Zip Code: 1914
  • Zip Code: 10506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,551
  • Tax Rate Code Area: 553801

    Appraisal Valuation

  • Standard Deviation: 0.0924
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 91
  • Final Value: 699,224
  • High Value: 763,842
  • Low Value: 634,605

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $544,185
  • First Open Lien Mortgage Lender: BNY MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Jun 29, 2007
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $544,185
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Aug 23, 2085

    Market Valuation

  • Market Total Value: $703,030
  • Market Land Value: $181,818
  • Market Improvement Value: $521,212

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,600
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $8,600

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
-
$800,000 Mar 12, 2024
-
$1,590/mo

About Westchester


Similar Homes for Sale

Unit for sale at 44 Millbrook Road, Bedford, NY 10506

$800,000

  • 5 Beds
  • 3 Baths
44 Millbrook Road, Bedford, NY 10506 Listing by Lee D. Kader

Nearby Rentals



Frequently Asked Questions

When was property at 2 Banks Farm Road built and last sold?
The property at 2 Banks Farm Road was built in 1730 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Banks Farm Road is $705,990.
What are some comparable homes to 2 Banks Farm Road?
Homes that are comparable to 2 Banks Farm Road include a house property at 44 Millbrook Road, located in Bedford, NY.

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