This investment property is located on the south side of Old Nyack Turnpike and the east side of Banker Street. Includes three income producing cottages all currently rented. The property has the possibility of being subdivided into 4 lots. Quiet residential street, partially wooded.
1930Year Built
1.36 acresLot Size
$708Est. Price/Sq.Ft.
1 spaceParking
Listing by • BHG Rand Realty
Bought with • Mark One Real Estate
Source:HGMLS #4431696
Redfin Estimate
$1,127,939
$1.0M since sold in August 2022
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 6.2% higher than the average sale price ($1.06M) of 6 comparable homes.
This investment property is located on the south side of Old Nyack Turnpike and the east side of Banker Street. Includes three income producing cottages all currently rented. The property has the possibility of being subdivided into 4 lots. Quiet residential street, partially wooded.
Year
Property tax
Land + Additions
Assessment*
2023
$19,188 (−0.2%)
$31,700 + $47,400
$79,100
2022
$19,230 (+8.9%)
$31,700 + $47,400
$79,100
2021
$17,661 (−39.9%)
$31,700 + $47,400
$79,100
2020
$29,395 (−4.2%)
$31,700 + $47,400
$79,100
2019
$30,679 (+0.6%)
$31,700 + $47,400
$79,100
2018
$30,492 (+0.2%)
$31,700 + $47,400
$79,100
2017
$30,444
$31,700 + $47,400
$79,100
2016
$30,417 (+66.0%)
$31,700 + $47,400
$79,100
2015
$18,320 (+4.0%)
$31,700 + $47,400
$79,100
2014
$17,612
$31,700 + $47,400
$79,100
Tax history for 48 Banker St #8
Year
Property tax
Land + Additions
Assessment*
2023
$19,188 (−0.2%)
$31,700 + $47,400
$79,100
2022
$19,230 (+8.9%)
$31,700 + $47,400
$79,100
2021
$17,661 (−39.9%)
$31,700 + $47,400
$79,100
2020
$29,395 (−4.2%)
$31,700 + $47,400
$79,100
2019
$30,679 (+0.6%)
$31,700 + $47,400
$79,100
2018
$30,492 (+0.2%)
$31,700 + $47,400
$79,100
2017
$30,444
$31,700 + $47,400
$79,100
2016
$30,417 (+66.0%)
$31,700 + $47,400
$79,100
2015
$18,320 (+4.0%)
$31,700 + $47,400
$79,100
2014
$17,612
$31,700 + $47,400
$79,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Basement Information
Basement Type: Full
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Fuel Type: Oil
Heating Type: Hot Water Steam
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Old
Exterior Wall: Stone
Property Information
Subdivision Name: VILLAGE/CHESTNUT RDG
Living Sq. Ft: 1,593
Ground Floor Sq. Ft: 1,103
# of Stories: 1
Legal Description: +246B3
Parking & Garage Information
Parking Type: Detached Garage
Garage / Carport Type: Detached
Lot Information
# of Buildings: 3
Land Sq. Ft: 59,242
Legal Lot Number: 11
Legal Block Number: 2
School Tax District: EAST RAMAPO CSD
Municipality Name: RAMAPO
Acres: 1.36
Depth Footage: 160
Front Footage: 65
Zoning Code: 02
State Use Description: MULTIPLE RESIDENCES
Utility Information
Sewer Type: Commercial
Water Service Type: Commercial
Financial
Assessor Information
Assessment Year: 2022
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,593
Stories: 1.0
Lot Size: 1.36 acres
Style: Other
Year Built: 1930
Year Renovated: —
County: Rockland County
APN: 392615A05701700020110000000
Home facts updated by county records on Jan 2, 2024
Around this home
Schools
Margetts Elementary School
Public K-3 • Assigned • 1.0mi
2/10
Chestnut Ridge Middle School
Public 7-8 • Assigned • 1.6mi
2/10
Spring Valley High School
Public 9-12 • Assigned • 0.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Spring Valley, NY • 10977
Average low and high temperatures (°F)
33
20
37
22
53
34
63
42
70
51
81
61
87
68
81
59
75
56
66
45
53
37
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$1.07M – $1.30M
Reach more buyers when you sell with Redfin. Save up to $11,279 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.