88 School Street

88 School Street has been categorized by the local assessors in Yonkers, NY as a commercial type of property. The building on the property was first built in 1960 and is 64 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 88 School Street has 4,004 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 260 ft. The area measurement of the land has been determined as 2,614 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as poor. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. In terms of heating, the home is utilizing oil. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Mar 15, 2023 for $625,000. That's $312.19 per sqft. Prior to that sales transaction, the property was also sold in Nov 13, 2006 for $90,000. 88 School Street was last assessed in 2023. The total value of the property was assessed at $9,800. Specifically, the land the property is located on was valued at $2,600. While improvements on the property were assessed at a total of $7,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,522. The initial tax year of delinquency was in 2021. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.