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Mount Vernon 10552 North Side
225 Commonwealth Avenue
$920,000
● House - Off Market

225 Commonwealth Avenue

Mount Vernon, NY 10552
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,120 Ft²
$1,017,820
RealtyHop Estimate
7.14%
Since Sep 1, 2022
NY-New York
Primary Model

About This Property

Welcome to 225 Commonwealth Avenue - a beautiful center hall colonial that is conveniently located in the Fleetwood section of Mount Vernon - with a 32-minute train ride to Grand Central Station. This turn-key home includes a gracious entryway, an updated eat in kitchen with custom cabinetry, granite countertops and stainless steel appliances. Kitchen has access to the deck and opens up to a large formal dining room w/ bay window. First floor also includes an oversized living room w/ fireplace & french doors leading to a spacious deck. A sunroom, bedroom/home office and powder room complete first floor. On the second level you will find a large primary suite w/walk-in closet, laundry and updated bathroom. Off the primary, you will find a bonus room. 2 additional bedrooms and hall bath complete the second floor. House has a walk-up third level and lower level that features a flex space with fireplace and door to the backyard. 2 car tandem garage plus driveway. Additional Information: ParkingFeatures:1 Car Attached,
Unit Size
3,120 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$304
Property Type
House
Property Taxes
$1,395
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: 4 months ago (OneKey MLS #KEYH6177055)

Price History

Date / Event Date Event Price
Sep 15, 2022 Sold
Premium
Sold
Aug 4, 2022 Sold
Premium
Sold
Jun 23, 2022 In contract -
In contract
Apr 19, 2022 Listed by Compass Greater NY, LLC $950,000
Listed by Compass Greater NY, LLC
Oct 23, 2020 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
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: 7,405
  • 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
  • Subdivision: MAP OF SECTION ONE CHESTER HILL PARK
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Mount Vernon School District
  • School Tax School District: MOUNT VERNON
  • Census Tract: 015100

Geography

  • Account Number: 046230
  • District: 550800
  • Section: 165.33
  • Parcel: 550800 165.33-2139-14
  • Block: 2139
  • Lot: 14.000
  • Municipality: MT VERNON
  • Latitude: 40.9254
  • Longitude: -73.8189

    Address

  • Full Address: 225 Commonwealth Ave
  • Address - House Number: 225
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Mount Vernon
  • Carrier Code: C044
  • 4-Digit Zip Code: 1430
  • Zip Code: 10552

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,729,766
  • Tax Rate Code Area: 550800

    Appraisal Valuation

  • Standard Deviation: 0.0924
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 91
  • Final Value: 970,978
  • High Value: 1,060,711
  • Low Value: 881,246

    Market Valuation

  • Market Total Value: $632,456
  • Market Land Value: $222,222
  • Market Improvement Value: $410,234

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,815
  • Assessed Land Value: $3,800
  • Assessed Improvements Value: $7,015

    Sales

  • Current Sale Contract Date: Aug 04, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 3680
  • Previous Sale Recording Date: Oct 23, 2020
  • Previous Sale Contract Date: Sep 10, 2020
  • Previous Sale Amount: $710,000
  • Previous Sale Document Type: 12
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 North Side

Stats & Trends

Median Asking:

$575,000

Sale Price/ft²

$279

Below Asking

0.01%

Average Days on Market

98

Average Home Size

1339 ft²

Average Home Age

89.5 years

Currently For Sale

91 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 4828 Barnes Avenue, Bronx, NY, 10470

$3,386 - $3,648 /mo

  • 3 Beds
  • 1 Bath
4828 Barnes Avenue, Bronx, NY, 10470 Listing by Zachary Zweibon
Unit for rent at 33 William Street, MOUNT VERNON, NY, 10552

$2,599 /mo

  • 2 Beds
  • 1 Bath
33 William Street, MOUNT VERNON, NY, 10552 Listing by Damion Foster
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: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 225 Commonwealth Avenue built and last sold?
The property at 225 Commonwealth Avenue was built in and last sold on Aug 4, 2022 for $920,000.
How much is this home worth?
The estimated value of the home located at 225 Commonwealth Avenue is $947,978.
What are some comparable homes to 225 Commonwealth Avenue?
There are currently no comparable homes to 225 Commonwealth Avenue.
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