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Yonkers 10705 Park Hill
41 Prospect Drive
$489,000
● House - Off Market

41 Prospect Drive

Yonkers, NY 10705
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$763,762
RealtyHop Estimate
56.19%
Since Apr 1, 2017
NY-New York
Primary Model

About This Property

Located in historic Park Hill, this beautiful 5 bedroom 3 bath colonial home truly has it all. The home has been fully renovated featuring all new kitchen, bathrooms, roof, windows, and siding.  A picturesque front porch, welcomes you to a first floor consisting of a large entry foyer, bright & spacious sitting room, large formal dining room complete with wood burning fireplace, gourmet  kitchen with new Stainless Steel appliances, and an updated half a bath.  The second floor has a new remodeled full bath with separate tub/shower and four generous sized bedrooms including a huge master bedroom with a walk-in closet and great views.  The third level is nicely finished with a guest bedroom and full updated bath. Also, enjoy beautiful views from the privacy of your own deck & BBQ Anytime you want from the comfort of a covered outdoor patio. LOW TAXES TOO!! Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$233
Property Type
House
Property Taxes
$622
HOA Dues
-
Year Built
1907

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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 months ago (OneKey MLS #KEYH4639540)

Price History

Date / Event Date Event Price
Mar 13, 2017 Sold
Premium
Sold
Sep 6, 2016 Listed by Jane Mosello Real Estate $489,000
Listed by Jane Mosello Real Estate
Jun 22, 2010 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,752
  • Building Area: 1,752
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,752
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEMLOCK DRIVE
  • Land Acres: 0000000160
  • 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: 001301

Zoning

  • Zoning: S-50

Geography

  • Account Number: 101511482
  • District: 551800
  • Section: 1.00
  • Parcel: 551800 1.-112-9
  • Block: 112
  • Lot: 9.000
  • Municipality: YONKERS
  • Latitude: 40.918
  • Longitude: -73.8903

    Address

  • Full Address: 41 Prospect Dr
  • Address - House Number: 41
  • Address - Street Name: Prospect
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Yonkers
  • Carrier Code: C005
  • 4-Digit Zip Code: 2445
  • Zip Code: 10705

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $153,734
  • Tax Rate Code Area: 551800

    Appraisal Valuation

  • Standard Deviation: 0.245
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 685,568
  • High Value: 853,547
  • Low Value: 517,590

    Market Valuation

  • Market Total Value: $480,447
  • Market Land Value: $178,771
  • Market Improvement Value: $301,676

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,600
  • Assessed Land Value: $3,200
  • Assessed Improvements Value: $5,400

    Sales

  • Current Sale Contract Date: Mar 02, 2017
  • Current Sale Recording Date: Mar 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 570523599
  • Previous Sale Recording Date: Jun 22, 2010
  • Previous Sale Contract Date: Mar 12, 2010
  • Previous Sale Amount: $366,000
  • Previous Sale Document Type: 71
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 Park Hill

Stats & Trends

Median Asking:

$804,450

Sale Price/ft²

$371

Below Asking

0.02%

Average Days on Market

86

Average Home Size

1749 ft²

Average Home Age

86.5 years

Currently For Sale

19 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 600 West 246th Street, BRONX, NY, 10471

$3,495 /mo

  • 2 Beds
  • 1 Bath
600 West 246th Street #533, BRONX, NY, 10471 Listing by Damion Foster
Unit for rent at 1 Astor Place, Yonkers, NY, 10705

$4,295 /mo

  • Studio
  • 1 Bath
1 Astor Place #8, Yonkers, NY, 10705 Listing by Lenny Spektor
Unit for rent at 33 Lockwood Avenue, YONKERS, NY, 10701

$2,950 /mo

  • 3 Beds
  • 1 Bath
33 Lockwood Avenue #B, YONKERS, NY, 10701 Listing by Damion Foster

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 41 Prospect Drive built and last sold?
The property at 41 Prospect Drive was built in 1907 and last sold on Mar 2, 2017 for $489,000.
How much is this home worth?
The estimated value of the home located at 41 Prospect Drive is $494,587.
What are some comparable homes to 41 Prospect Drive?
There are currently no comparable homes to 41 Prospect Drive.
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