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Westchester 10589
4 The Lane
Photo of 4 The Lane

20

Map

Photo of 4 The Lane
Photo of 4 The Lane
$325,000
↓ $20K (5.8%)
● House - For Sale

4 The Lane

Somers, NY 10589
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,884 Ft²
$2,374
Est. Monthly

About This Property

Price Improvement!  Historic 1832 brick Federal Colonial in the heart of the Somer's Business District on private cul-de-sac directly off Route 202. Partially renovated first floor; hardwood floors, large living room with fireplace, full dining room, semi-modern kitchen, half bath and heated rear enclosed porch. Second floor has two large Bedrooms, full bath, and two smaller multi-use rooms. Third floor is considered attic space but was finished many years as four additional rooms. Partial full basement and additional crawl space area. Utilities have been updated with newer oil Forced Hot Air furnace (and basement oil tank), electric 40-gallon HW heater, and 200 Amp service entrance panel. Make this your own charming historic home or consider potential for retail or office use (B-HP zoning).
Unit Size
1,884 Ft²
Days on Market
295 days
Land Size
0.08 acres
Price per sqft
$173
Property Type
House
Property Taxes
$778
HOA Dues
-
Year Built
1832

Listed By

Joseph Kuhl
[email protected]
J. Philip Real Estate, LLC.
Melissa Terman
[email protected]
J. Philip Real Estate, LLC.

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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: 13 days ago (OneKey MLS #KEY948906)

Price History

Date / Event Date Event Price
Aug 14, 2026 Price Decreased $325,000
↓ $20K (5.8%)
Price Decreased
Jun 23, 2026 Price Decreased $344,900
↓ $15K (4.2%)
Price Decreased
May 16, 2026 Price Decreased $360,000
↓ $20K (5.3%)
Price Decreased
Apr 18, 2026 Price Decreased $380,000
↓ $20K (5%)
Price Decreased
Apr 4, 2026 Price Decreased $400,000
↓ $50K (11.1%)
Price Decreased
Show More

Property Highlights

Parking Available
Fireplace
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Chandelier, Formal Dining, Original Details
Appliances: None
Flooring Type: Hardwood, Wood
Rooms: 8
Has Fireplace
Fireplaces: 1
Basement: Partial
Exterior Details
Square Footage: 1884
Square Footage Source: $0
Architectural Style: Colonial
Year Built: 1832
Building Area Total: 1716
Levels: Two
Building Area Units: Square Feet
Construction Materials: Brick
Lot Size Area: 3350
Lot Size Units: Square Feet
Lot Size Acres: 0.0769
Lot Size Square Feet: 3350
Water Source: Private
Financial Details
Tax Assessed Value: $37,500
Tax Annual Amount: $9,332
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Oil, Ducts
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1832
  • Effective Year Built: 1832
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,351
  • Lot Size Depth Feet: 840
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,716
  • Building Area: 1,716
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,716
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000076
  • 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: 014903

Zoning

  • Zoning: BHPD

Geography

  • Account Number: 2621000
  • District: 555200
  • Section: 17.15
  • Parcel: 555200 17.15-1-7
  • Block: 1
  • Lot: 7.000
  • Municipality: SOMERS
  • Latitude: 41.3276
  • Longitude: -73.6869

    Address

  • Full Address: 4 The Ln
  • Address - House Number: 4
  • Address - Street Name: The
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Somers
  • Zip Code: 10589

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $845,707
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 555201

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 623,111
  • High Value: 908,666
  • Low Value: 337,555

    Market Valuation

  • Market Total Value: $386,200
  • Market Land Value: $47,374
  • Market Improvement Value: $338,826

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,500
  • Assessed Land Value: $4,600
  • Assessed Improvements Value: $32,900
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:

$785,000

Sale Price/ft²

$423

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2445 ft²

Average Home Age

69.3 years

Currently For Sale

1832 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 155 Stoneleigh Avenue, Carmel, NY, 10512

$2,700 /mo

  • 2 Beds
  • 1 Bath
  • 2,472 ft²
155 Stoneleigh Avenue #1, Carmel, NY, 10512 Listing by Aida Rodriguez
Unit for rent at 188 Heritage Hills, Somers, NY, 10589

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,427 ft²
188 Heritage Hills #A, Somers, NY, 10589 Listing by Donna Richards
Unit for rent at 567 Heritage Hills, Somers, NY, 10589

$3,250 /mo

  • 1 Bed
  • 1 Bath
  • 967 ft²
567 Heritage Hills #B, Somers, NY, 10589 Listing by Annpauline Creamer

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 13 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 4 The Lane built and last sold?
The property at 4 The Lane was built in 1832 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 The Lane is $349,282.
What are some comparable homes to 4 The Lane?
There are currently no comparable homes to 4 The Lane.
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