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Ossining 10562
42 Lee Avenue
Photo of 42 Lee Avenue
Sold on Jul 7, 2026

22

Map

Photo of 42 Lee Avenue
Photo of 42 Lee Avenue
$605,000
● House - Off Market

42 Lee Avenue

Ossining, NY 10562
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$4,111
Est. Monthly

About This Property

Look no further! This affordably priced Cape is full of potential and ideally located in a lovely residential neighborhood. Offering 4 bedrooms and endless possibilities, this home is ready for your personal touch and a little TLC to truly shine. Great opportunity for homeowners or investors alike. Being sold "as is."
Unit Size
1,296 Ft²
Days on Market
61 days
Land Size
0.20 acres
Price per sqft
$447
Property Type
House
Property Taxes
$1,267
HOA Dues
-
Year Built
1951

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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 #KEY993189)

Price History

Date / Event Date Event Price
Jul 7, 2026 Sold
Premium
Sold
May 21, 2026 In contract -
In contract
May 7, 2026 Listed by William Raveis Real Estate $579,000
Listed by William Raveis Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Ossining Union Free School District
  • School Tax School District: OSSINING
  • Census Tract: 013500

Geography

  • District: 554203
  • Section: 89.12
  • Parcel: 554203 89.12-2-52
  • Block: 2
  • Lot: 52.000
  • Municipality: OSSINING
  • Latitude: 41.1748
  • Longitude: -73.8481

    Address

  • Full Address: 42 Lee Ave
  • Address - House Number: 42
  • Address - Street Name: Lee
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Ossining
  • Carrier Code: C010
  • 4-Digit Zip Code: 2832
  • Zip Code: 10562

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,459,021
  • Tax Rate Code Area: 554201

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 529,063
  • High Value: 654,440
  • Low Value: 403,686

    Market Valuation

  • Market Total Value: $440,300
  • Market Land Value: $153,900
  • Market Improvement Value: $286,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,300
  • Assessed Land Value: $153,900
  • Assessed Improvements Value: $286,400
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 Ossining

Stats & Trends

Median Asking:

$569,000

Sale Price/ft²

$362

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1578 ft²

Average Home Age

83.8 years

Currently For Sale

37 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 269 Spring Street, Ossining, NY, 10562

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
269 Spring Street #2NDFLOOR, Ossining, NY, 10562 Listing by Veronica A. Campos
Unit for rent at 74 Yale Avenue, Ossining, NY, 10562

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 600 ft²
74 Yale Avenue, Ossining, NY, 10562 Listing by Rahmatulla Popal
Unit for rent at 19 Stone Avenue, Ossining, NY, 10562

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
19 Stone Avenue, Ossining, NY, 10562 Listing by David Deberardinis

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 42 Lee Avenue built and last sold?
The property at 42 Lee Avenue was built in 1951 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 42 Lee Avenue is $0.
What are some comparable homes to 42 Lee Avenue?
There are currently no comparable homes to 42 Lee Avenue.
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