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Westchester 10504
2 Lyons Road
$999,000
● House - Off Market

2 Lyons Road

North Castle, NY 10504
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,483 Ft²
$1,059,826
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Five Bedroom Colonial situated on two parklike acres.  This well cared for home is located on a leafy double cul-de-sac street. Fabulous opportunity to renovate and create your dream home located within the coveted Byram Hills school district. Hardwood floors under all carpets, five bedroom septic, above ground oil tank, new electrical panel, wired for full house generator, new oil burner with capacity to add a third zone of heat. Full basement and large storage area above garage. Close to schools, all major highways, and a short drive to the North White Plains train station - less than one hour to NYC.

Enjoy living in the vibrant hamlet of Armonk with chic shops, restaurants and recreation for all! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
2,483 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$402
Property Type
House
Property Taxes
$1,290
HOA Dues
-
Year Built
1965

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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: 4 months ago (OneKey MLS #KEYH6215340)

Price History

Date / Event Date Event Price
Oct 24, 2022 In contract -
In contract
Oct 18, 2022 Listed by Compass Greater NY, LLC $999,000
Listed by Compass Greater NY, LLC
Jun 16, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,483
  • Building Area: 2,483
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,483
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE POINT HOMES
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

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: 94.04
  • Parcel: 553800 94.04-2-40
  • Block: 2
  • Lot: 40.000
  • Municipality: NORTH CASTLE
  • Latitude: 41.1608
  • Longitude: -73.6813

    Address

  • Full Address: 2 Lyons Rd
  • Address - House Number: 2
  • Address - Street Name: Lyons
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Armonk
  • Carrier Code: C008
  • 4-Digit Zip Code: 2224
  • Zip Code: 10504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,457,987
  • Tax Rate Code Area: 553801

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 1,116,932
  • High Value: 1,382,641
  • Low Value: 851,222

    Market Valuation

  • Market Total Value: $951,515
  • Market Land Value: $181,818
  • Market Improvement Value: $769,697

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,700
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $12,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 3236
  • Previous Sale Recording Date: Jun 16, 2003
  • Previous Sale Contract Date: Apr 18, 2003
  • Previous Sale Amount: $151,979
  • Previous Sale Document Type: 27
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 Westchester

Stats & Trends

Median Asking:

$775,000

Sale Price/ft²

$421

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2430 ft²

Average Home Age

69.6 years

Currently For Sale

1846 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 19 Maryland Avenue, Armonk, NY, 10504

$5,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,088 ft²
19 Maryland Avenue, Armonk, NY, 10504 Listing by Katherine Cresci

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Lyons Road built and last sold?
The property at 2 Lyons Road was built in 1965 and last sold on Dec 16, 2022 for $999,000.
How much is this home worth?
The estimated value of the home located at 2 Lyons Road is $1,010,824.
What are some comparable homes to 2 Lyons Road?
There are currently no comparable homes to 2 Lyons Road.
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