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Mount Vernon 10552 North Side
394 Summit Avenue
$445,000
● House - Off Market

394 Summit Avenue

Mount Vernon, NY 10552
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,600 Ft²
$869,955
RealtyHop Estimate
81.62%
Since Dec 1, 2012
NY-New York
Primary Model

About This Property

Fantastic and large with tons of space this stone front four bedroom three bath Colonial beauty has it all. Lots of closet space, wood floors and partially finished basement adorn this beauty and is a must see! House is centraly located close to all including shopping and all forms of transportation. One look and its sold! Additional Information:  Amenities:Storage,ParkingFeatures:2 Car Attached,
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$184
Property Type
House
Property Taxes
$1,328
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 #KEYH3215777)

Price History

Date / Event Date Event Price
Nov 29, 2012 Sold
Premium
Sold
May 14, 2012 Listed by Century 21 Dawns Gold Realty $479,000
Listed by Century 21 Dawns Gold Realty

Property Highlights

Garage
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: SUBDIVISION MAP OF THE HUNT ESTATE
  • 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: 004200

Geography

  • Account Number: 053670
  • District: 550800
  • Section: 165.31
  • Parcel: 550800 165.31-2234-4
  • Block: 2234
  • Lot: 4.000
  • Municipality: MT VERNON
  • Latitude: 40.9249
  • Longitude: -73.8305

    Address

  • Full Address: 394 Summit Ave
  • Address - House Number: 394
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Mount Vernon
  • Carrier Code: C050
  • 4-Digit Zip Code: 2206
  • Zip Code: 10552

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,792,495
  • Tax Rate Code Area: 550800

    Appraisal Valuation

  • Standard Deviation: 0.1873
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 781,875
  • High Value: 928,345
  • Low Value: 635,405

    Market Valuation

  • Market Total Value: $719,298
  • Market Land Value: $263,158
  • Market Improvement Value: $456,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,300
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $7,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 2012
  • Current Sale Recording Date: Nov 29, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 523063041
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 394 Summit Avenue built and last sold?
The property at 394 Summit Avenue was built in and last sold on Nov 1, 2012 for $445,000.
How much is this home worth?
The estimated value of the home located at 394 Summit Avenue is $496,472.
What are some comparable homes to 394 Summit Avenue?
There are currently no comparable homes to 394 Summit Avenue.
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