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Armonk 10504
2 Shoemaker Lane
$760,000
● Land - Off Market

2 Shoemaker Lane

North Castle, NY 10504
bedrooms
Studio
bathrooms
0 Bath
$950,363
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

DREAM IT. BUILD IT. LIVE IT. Location...Location...Location... Fantastic opportunity to purchase in the brand new luxury sub-division of Wampus Mills...just about 1 mile from downtown Armonk. This is one of six lots and the only vacant lot left...natural gas, sewers and underground utilities add to the desirability. Possible pool-site. Build your own, bring your builder or make an appointment to meet with our builder. (***Construction site...please do not walk the property without consent***). Close proximity to shopping, restaurants, schools (Byram Hills School District), parks etc...Minutes from North White Plains Metro with a 38 minute express ride to Grand Central Station...AN OPPORTUNITY NOT TO BE MISSED!
Unit Size
-
Days on Market
-
Land Size
2.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$326
HOA Dues
-
Year Built
2022

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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 years ago (OneKey MLS #H6063060)

Price History

Date / Event Date Event Price
Jun 7, 2021 Sold
Premium
Sold
Aug 31, 2020 Listed by William Raveis Real Estate $799,000
Listed by William Raveis Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,975
  • Garage Type: 1
  • Garage Square Area: 750
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,991
  • Total Building Area: 5,474
  • Building Area: 5,474
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 5,474
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAMPUS MILLS SUBDIVISION
  • Land Acres: 0000002020
  • 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: 012303

Zoning

  • Zoning: R-1A

Geography

  • Account Number: R1A
  • District: 553800
  • Section: 101.03
  • Parcel: 553800 101.03-2-7.6
  • Block: 2
  • Lot: 7.006
  • Municipality: NORTH CASTLE
  • Latitude: 41.1392
  • Longitude: -73.7111

    Address

  • Full Address: 2 Shoemaker Ln
  • Address - House Number: 2
  • Address - Street Name: Shoemaker
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Armonk
  • Carrier Code: C006
  • 4-Digit Zip Code: 1468
  • Zip Code: 10504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $976,774
  • Tax Rate Code Area: 553801

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 660,150
  • High Value: 961,973
  • Low Value: 358,326

    Market Valuation

  • Market Total Value: $3,139,394
  • Market Land Value: $218,182
  • Market Improvement Value: $2,921,212

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,800
  • Assessed Land Value: $3,600
  • Assessed Improvements Value: $48,200

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 611394144
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 Armonk

Stats & Trends

Median Asking:

$1,525,000

Sale Price/ft²

$481

Below Asking

0.02%

Average Days on Market

101

Average Home Size

4274 ft²

Average Home Age

46 years

Currently For Sale

12 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

Rentals Near You

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OneKey

Last Updated: 5 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Shoemaker Lane built and last sold?
The property at 2 Shoemaker Lane was built in 2022 and last sold on May 27, 2021 for $760,000.
How much is this home worth?
The estimated value of the home located at 2 Shoemaker Lane is $0.
What are some comparable homes to 2 Shoemaker Lane?
There are currently no comparable homes to 2 Shoemaker Lane.
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