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Westchester 10589
3 Lee Road
$280,000
● House - Off Market

3 Lee Road

Somers, NY 10589
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,583 Ft²
$381,612
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

4 Bedroom 2 Bath Ranch, Dining Room, Hardwood Floors, Full Basement, Garage and In-Ground Fiberglass 17x9' Oval Pool. Property located near all public transportation, schools and shopping. Taxes not Verified.
Unit Size
1,583 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$190
Property Type
House
Property Taxes
$925
HOA Dues
-
Year Built
1954

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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 #KEYL3217853)

Price History

Date / Event Date Event Price
Aug 12, 2022 Sold
Premium
Sold
Apr 23, 2022 Listed by Cross Country Realty $779,000
Listed by Cross Country Realty
Feb 16, 2021 Sold
Premium
Sold
Jan 20, 2021 In contract -
In contract
Jan 20, 2021 Relisted $300,000
Relisted
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 960
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 1,583
  • Building Area: 1,583
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,583
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000950
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Somers Central School District
  • School Tax School District: SOMERS
  • Census Tract: 014901

Zoning

  • Zoning: R-40

Geography

  • Account Number: 2440000
  • District: 555200
  • Section: 18.09
  • Parcel: 555200 18.09-1-6
  • Block: 1
  • Lot: 6.000
  • Municipality: SOMERS
  • Latitude: 41.3308
  • Longitude: -73.6665

    Address

  • Full Address: 3 Lee Rd
  • Address - House Number: 3
  • Address - Street Name: Lee
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Somers
  • Carrier Code: R001
  • 4-Digit Zip Code: 2603
  • Zip Code: 10589

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,270,457
  • Tax Rate Code Area: 555201

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 852,046
  • High Value: 1,038,903
  • Low Value: 665,189

    Market Valuation

  • Market Total Value: $751,802
  • Market Land Value: $129,763
  • Market Improvement Value: $622,039

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,000
  • Assessed Land Value: $12,600
  • Assessed Improvements Value: $60,400

    Sales

  • Current Sale Contract Date: Aug 07, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 622213814
  • Previous Sale Recording Date: Aug 26, 2022
  • Previous Sale Contract Date: Aug 12, 2022
  • Previous Sale Amount: $780,000
  • 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 Westchester

Stats & Trends

Median Asking:

$779,000

Sale Price/ft²

$421

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2454 ft²

Average Home Age

69.3 years

Currently For Sale

1835 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 44 Oakridge Road, North Salem, NY, 10560

$6,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,907 ft²
44 Oakridge Road, North Salem, NY, 10560 Listing by Dani Dorman
Unit for rent at 605 Heritage Hills, Somers, NY, 10589

$4,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,701 ft²
605 Heritage Hills #C, Somers, NY, 10589 Listing by Valerie Codino

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 3 Lee Road built and last sold?
The property at 3 Lee Road was built in 1954 and last sold on Aug 7, 2022 for $780,000.
How much is this home worth?
The estimated value of the home located at 3 Lee Road is $786,790.
What are some comparable homes to 3 Lee Road?
There are currently no comparable homes to 3 Lee Road.
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