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New Rochelle 10583
41 Shepherds Drive
Photo of 41 Shepherds Drive
Sold on Aug 5, 2026

33

Map

Photo of 41 Shepherds Drive
Photo of 41 Shepherds Drive
$940,000
● House - Off Market

41 Shepherds Drive

New Rochelle, NY 10583
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,066 Ft²
$6,061
Est. Monthly

About This Property

Welcome to 41 Shepherds Drive, a 4-bed, 2.5-bath split-level home offering a great blend of instant livability and incredible upside. Located within the Scarsdale PO section of New Rochelle. The functional layout is spread across 2,066 sq ft. The main level features a living room, dining area, and kitchen, while the top floor includes 3 bedrooms and 2 full baths. A 4th bedroom, family room, and half bath sit on the entry level, providing an ideal setup for guests or a home office. Bring your design ideas to customize this gem and build instant equity in a fantastic neighborhood. A rare opportunity for savvy buyers and investors alike! Hardwood floor under carpet in Primary and under tile in other bedroom. Air handler AND compressor new as of 2020. Installed in 2021. Water heater new as of 2024 **Some photos have been virtually staged to show the home's potential**
Unit Size
2,066 Ft²
Days on Market
55 days
Land Size
0.19 acres
Price per sqft
$436
Property Type
House
Property Taxes
$1,641
HOA Dues
-
Year Built
1963

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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: 3 months ago (OneKey MLS #KEY1004818)

Price History

Date / Event Date Event Price
Aug 5, 2026 Sold
Premium
Sold
Jun 23, 2026 In contract -
In contract
May 26, 2026 Listed by Compass Greater NY, LLC $899,999
Listed by Compass Greater NY, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 650
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,066
  • Building Area: 2,066
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,066
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: New Rochelle City School District
  • School Tax School District: NEW ROCHELLE
  • Census Tract: 006801

Geography

  • District: 551000
  • Parcel: 551000 8-3296-0059
  • Block: 3296
  • Lot: 0.059
  • Municipality: NEW ROCHELLE
  • Latitude: 40.9776
  • Longitude: -73.7763

    Address

  • Full Address: 41 Shepherds Dr
  • Address - House Number: 41
  • Address - Street Name: Shepherds
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Scarsdale
  • Carrier Code: C319
  • 4-Digit Zip Code: 7016
  • Zip Code: 10583

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,451,206
  • Tax Rate Code Area: 551000

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 953,008
  • High Value: 1,178,851
  • Low Value: 727,164

    Market Valuation

  • Market Total Value: $721,650
  • Market Land Value: $201,031
  • Market Improvement Value: $520,619

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $3,900
  • Assessed Improvements Value: $10,100

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 New Rochelle

Stats & Trends

Median Asking:

$848,000

Sale Price/ft²

$428

Below Asking

0.01%

Average Days on Market

92

Average Home Size

1792 ft²

Average Home Age

78.2 years

Currently For Sale

143 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 38 Gedney Park Drive, White Plains, NY, 10605

$8,500 /mo

  • 5 Beds
  • 3 Baths
  • 3,052 ft²
38 Gedney Park Drive, White Plains, NY, 10605 Listing by Osamu Kobata
Unit for rent at 18 Coralyn Avenue, White Plains, NY, 10605

$5,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,519 ft²
18 Coralyn Avenue, White Plains, NY, 10605 Listing by Douglas J. Tricarico
Unit for rent at 3 Stonewall Lane, Mamaroneck, NY, 10543

$9,300 /mo

  • 4 Beds
  • 3 Baths
  • 2,416 ft²
3 Stonewall Lane, Mamaroneck, NY, 10543 Listing by Sonomi Akino

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 41 Shepherds Drive built and last sold?
The property at 41 Shepherds Drive was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 41 Shepherds Drive is $902,655.
What are some comparable homes to 41 Shepherds Drive?
There are currently no comparable homes to 41 Shepherds Drive.
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