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Westchester 10506
85 Hickory Lane
$685,000
● House - Off Market

85 Hickory Lane

Bedford, NY 10506
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,156 Ft²
$603,644
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Welcome home to this never before offered Bedford Village home! Built in 1962 by the current owner, with three bedrooms, a beautiful living room with fireplace, eat in kitchen and formal dining room.  As soon as you walk into the foyer, you will be charmed by all of the natural light the pours into this home.  There is also a lovely deck off of the kitchen with stairs down to the yard. On the garden level, there is an above ground oil tank, laundry room and endless possibilities with a door out.  The yard is large and very private with mature trees and shrubs. And, as they say, location location location.  85 Hickory Lane is minutes to Bedford Village with shops, restaurants and the remarkable Bedford Playhouse. Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
1,156 Ft²
Days on Market
102 days
Land Size
1.19 acres
Price per sqft
$518
Property Type
House
Property Taxes
$890
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: 6 months ago (OneKey MLS #KEYH6227257)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Premium
Sold
Mar 7, 2023 In contract -
In contract
Feb 22, 2023 Relisted $599,000
Relisted
Feb 9, 2023 In contract -
In contract
Feb 1, 2023 Relisted $599,000
Relisted
Show More

Property Highlights

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: 43,560
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Bedford Central School District
  • School Tax School District: BEDFORD
  • Census Tract: 012700

Geography

  • Account Number: 00000547700
  • District: 552000
  • Section: 85.09
  • Parcel: 552000 85.9-2-24
  • Block: 2
  • Lot: 24.000
  • Municipality: BEDFORD
  • Latitude: 41.1986
  • Longitude: -73.6181

    Address

  • Full Address: 85 Hickory Ln
  • Address - House Number: 85
  • Address - Street Name: Hickory
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Bedford
  • Carrier Code: R003
  • 4-Digit Zip Code: 1533
  • Zip Code: 10506

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $732,502
  • Tax Rate Code Area: 552002

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 727,173
  • High Value: 889,605
  • Low Value: 564,741

    Market Valuation

  • Market Total Value: $564,193
  • Market Land Value: $229,682
  • Market Improvement Value: $334,511

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,900
  • Assessed Land Value: $19,500
  • Assessed Improvements Value: $28,400

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 3253
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

2457 ft²

Average Home Age

69.3 years

Currently For Sale

1769 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 459 Old Post Road, Bedford, NY, 10506

$4,500 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
459 Old Post Road, Bedford, NY, 10506 Listing by Margo K. Lancia

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 85 Hickory Lane built and last sold?
The property at 85 Hickory Lane was built in and last sold on May 12, 2023 for $685,000.
How much is this home worth?
The estimated value of the home located at 85 Hickory Lane is $604,990.
What are some comparable homes to 85 Hickory Lane?
There are currently no comparable homes to 85 Hickory Lane.
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