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Westchester 10504
39 Middle Patent Road
$850,000
● House - Off Market

39 Middle Patent Road

North Castle, NY 10504
bedrooms
4 Beds
bathrooms
3 Baths
$1,174,712
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

4 Bedroom, 2 and 1/2 Bath Colonial sits on 1.8 private acres adorned by majestic trees and landscaping.  Picturesque setting. Home has Membership to the Windmill Lake Club (MEC).  Spacious Family Room off Eat-in-Kitchen with fireplace, built-ins, and cathedral ceiling.  Expansive deck off Living Room and Kitchen great for easy outdoor entertaining.  Hardwood floors throughout the home.  Windmill Community Water.  Natural gas for heating and cooking.  Easy drive to schools and town.  37 minute express train from North White Plains to Grand Central Station.
Unit Size
-
Days on Market
-
Land Size
1.80 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,554
HOA Dues
-
Year Built
1961

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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 #H6035763)

Price History

Date / Event Date Event Price
Sep 8, 2020 Sold
Premium
Sold
Jun 4, 2020 Listed by William Raveis Real Estate $869,000
Listed by William Raveis Real Estate

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 78,408
  • Total Building Area: 2,638
  • Building Area: 2,638
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,638
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001800
  • 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-1.5

Geography

  • Account Number: R1 1/2 A
  • District: 553800
  • Section: 102.01
  • Parcel: 553800 102.01-1-15
  • Block: 1
  • Lot: 15.000
  • Municipality: NORTH CASTLE
  • Latitude: 41.1558
  • Longitude: -73.6667

    Address

  • Full Address: 39 Middle Patent Rd
  • Address - House Number: 39
  • Address - Street Name: Middle Patent
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Armonk
  • Carrier Code: C008
  • 4-Digit Zip Code: 2805
  • Zip Code: 10504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,087,240
  • Tax Rate Code Area: 553801

    Appraisal Valuation

  • Standard Deviation: 0.2359
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 1,197,260
  • High Value: 1,479,696
  • Low Value: 914,824

    Market Valuation

  • Market Total Value: $1,127,272
  • Market Land Value: $224,242
  • Market Improvement Value: $903,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,600
  • Assessed Land Value: $3,700
  • Assessed Improvements Value: $14,900
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

$423

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2403 ft²

Average Home Age

69.6 years

Currently For Sale

1844 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 31 Byram Hill Road, Armonk, NY, 10504

$7,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,500 ft²
31 Byram Hill Road, Armonk, NY, 10504 Listing by Jeffrey Landsman

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 39 Middle Patent Road built and last sold?
The property at 39 Middle Patent Road was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 39 Middle Patent Road is $0.
What are some comparable homes to 39 Middle Patent Road?
There are currently no comparable homes to 39 Middle Patent Road.
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