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Yonkers 10703 Northwest Yonkers
279 Edwards Place
Photo of 279 Edwards Place
Sold on Jun 6, 2025

19

Map

Photo of 279 Edwards Place
Photo of 279 Edwards Place
$480,000
● House - Off Market

279 Edwards Place

Yonkers, NY 10703
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,004 Ft²
$3,006
Est. Monthly
13.14%
Cap Rate

About This Property

Welcome to 279 Edwards Place, a residence with an in-law setup and additional space for extended family or investment opportunity. nestled in the vibrant city of Yonkers. Situated on a 6,100 square foot lot, the property offers a manageable outdoor space, perfect for gardening or relaxing in the fresh air. This home offers a unique opportunity. Don't miss the chance to make this charming house your new home.
Unit Size
1,004 Ft²
Days on Market
177 days
Land Size
0.14 acres
Price per sqft
$493
Property Type
House
Property Taxes
$575
HOA Dues
-
Year Built
1938

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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: 2 years ago (OneKey MLS #KEY804818)

Price History

Date / Event Date Event Price
Jun 6, 2025 Sold
Premium
Sold
Mar 8, 2025 In contract -
In contract
Jan 9, 2025 Price Decreased $495,000
↓ $4K (0.8%)
Price Decreased
Dec 11, 2024 Listed by Compass Greater NY, LLC $499,000
Listed by Compass Greater NY, LLC
May 9, 2006 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,004
  • Building Area: 1,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,004
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF FREDERICK SHONNARD ESQ
  • Land Acres: 0000000070
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Yonkers City School District
  • School Tax School District: YONKERS
  • Census Tract: 000802

Zoning

  • Zoning: M

Geography

  • Account Number: 308617928
  • District: 551800
  • Section: 2.00
  • Parcel: 551800 2.-2435-54
  • Block: 2435
  • Lot: 54.000
  • Municipality: YONKERS
  • Latitude: 40.9487
  • Longitude: -73.883

    Address

  • Full Address: 279 Edwards Pl
  • Address - House Number: 279
  • Address - Street Name: Edwards
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Yonkers
  • Carrier Code: C042
  • 4-Digit Zip Code: 2342
  • Zip Code: 10703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $96,741
  • Tax Rate Code Area: 551800

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 445,502
  • High Value: 551,077
  • Low Value: 339,927

    Market Valuation

  • Market Total Value: $296,089
  • Market Land Value: $89,385
  • Market Improvement Value: $206,704

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,300
  • Assessed Land Value: $1,600
  • Assessed Improvements Value: $3,700

    Sales

  • Current Sale Contract Date: Jan 05, 2006
  • Current Sale Recording Date: May 09, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 0461110619

    Financing

  • First Mortgage Financing Type: ADJ
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 Northwest Yonkers

Stats & Trends

Median Asking:

$529,000

Sale Price/ft²

$332

Below Asking

0.01%

Average Days on Market

92

Average Home Size

3076 ft²

Average Home Age

69.1 years

Currently For Sale

56 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 210 Rumsey Road, Yonkers, NY, 10705

$5,995 /mo

  • 4 Beds
  • 2 Baths
  • 2,440 ft²
210 Rumsey Road, Yonkers, NY, 10705 Listing by Carla DeMarsh

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 279 Edwards Place built and last sold?
The property at 279 Edwards Place was built in 1938 and last sold on Jan 5, 2006 for $375,000.
How much is this home worth?
The estimated value of the home located at 279 Edwards Place is $0.
What are some comparable homes to 279 Edwards Place?
There are currently no comparable homes to 279 Edwards Place.
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