Income producing. Excellent Investment Opportunity. Two detached homes. Very little vacancy in the last 5 years!! Generating net operating income of $156,213 per year leasing on a short term basis. Perfect opportunity to live in one home and lease the other. Very conveniently located. Walking distance to everything in downtown Rye. Two detached single family homes that offers hardwood floors, recessed lighting, 9 foot ceilings, gourmet kitchens with stone counter tops and luxurious bathrooms. Extra long driveway & some street parking. Whole Foods, Target, Rye Beach/boardwalk, and so much more, all just a short drive away. Zoned for Rye City Schools. 422 Midland is offered fully furnished. Separate boilers and utilities for each home. Additional Information: AdjustedGOI:240000,
Sold for $1,800,000
$1,800,000
420-422 Midland Avenue, Rye, NY 10580
7beds
4,200sqft
Duplex, Multi Family
Built in 2013
-- sqft lot
$2,249,700 Zestimate®
$429/sqft
$6,243 Estimated rent
Home value
$2,249,700
$2.05M - $2.50M
$6,243/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: November 16, 2024 at 06:21am
Listed by:
Bonnie Paolucci 914-661-6260,
Elk Homes Realty LLC 914-921-9400
Bought with:
Non Member-MLS
Buyer Representation Office
Source: OneKey® MLS as distributed by MLS GRID,MLS#: H6213661
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Oil Water Heater
Features
- Eat-in Kitchen, Primary Bathroom
- Flooring: Hardwood
- Basement: Finished
- Attic: Pull Stairs
Interior area
- Total structure area: 4,200
- Total interior livable area: 4,200 sqft
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Lot
- Features: Level, Near Public Transit, Near School, Near Shops
Details
- Parcel number: 1400146011000020000026
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex, Multi Family
Materials
- Clapboard
Condition
- Actual
- Year built: 2013
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Trash Collection Public
Community & neighborhood
Security
- Security features: Security System
Community
- Community features: Park
Location
- Region: Rye
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2023 | Sold | $1,800,000-18%$429/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #H6213661 Report a problem | ||
| 4/24/2023 | Pending sale | $2,195,000+232.6%$523/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6213661 Report a problem | ||
| 6/24/2013 | Sold | $660,000$157/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $21,000 |
| 2023 | -- | $21,000 |
| 2022 | -- | $21,000 |
| 2021 | -- | $21,000 +5% |
| 2020 | -- | $20,000 |
| 2019 | -- | $20,000 |
| 2018 | -- | $20,000 |
| 2017 | -- | $20,000 |
| 2016 | -- | $20,000 |
| 2015 | -- | $20,000 |
| 2014 | -- | $20,000 +21.6% |
| 2013 | -- | $16,450 |
| 2012 | -- | $16,450 |
| 2011 | -- | $16,450 |
| 2010 | -- | $16,450 |
| 2009 | -- | $16,450 |
| 2008 | -- | $16,450 |
| 2007 | -- | $16,450 |
Find assessor info on the county website
Neighborhood: 10580
Nearby schools
GreatSchools rating
- 8/10Osborn SchoolGrades: K-5Distance: 1.5 mi
- 8/10Rye Middle SchoolGrades: 6-8Distance: 0.6 mi
- 10/10Rye High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Midland
- Middle: Rye Middle School
- High: Rye High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,249,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,249,700
- New York
- Westchester County
- Rye
- 10580
- 420-422 Midland Avenue