Score
0Irvington, NY
44 Riverview Road
1.8M
4 beds
4 baths
3,026 sqft
4 bd • 4 ba • 3,026 sf
This analysis was generated on 2/7/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$1,799,000
Price/Sq.Ft
$595
Year Built
1963
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Prime Location: The property is situated at the top of the hill, steps from the 400-acre Irvington Woods, offering unparalleled access to nature and hiking trails. The walkability to schools, parks, train, and the village is also a major advantage.
• Updated Features and Open Layout: The home boasts an open floor plan, updated kitchen with granite countertops and stainless-steel appliances, and a luxurious primary bathroom. These modern amenities enhance the living experience.
• Strong School District: Irvington Union Free School District is highly rated, with Irvington High School earning a 9/10 rating. Proximity to good schools is a significant draw for families.
• Historical Appreciation: The property has seen significant value appreciation since its purchase in 1997 ($420,000) and 2007 ($1,635,000), indicating strong investment potential in the area.
• Flexible Living Space: The walk-out basement offers versatile bonus space that can be tailored to various needs, such as a gym, playroom, or guest suite.
The Bad
• High Price per Square Foot: At $594.51 per square foot, the property is priced higher than the average for single-family homes in Westchester County, which hovers around $450-$550 per square foot. This could indicate overpricing or reflect premium features.
• Older Construction: Built in 1963, the home may require updates to meet modern standards. While the description mentions updates, a thorough inspection is crucial to identify potential issues like outdated wiring or plumbing. Homes built before 1978 may contain lead paint.
• Climate Risk: Although the flood risk is minimal (1/10), the wind risk is major (6/10). This may increase insurance costs compared to other areas with lower wind risk. The fire risk is moderate (3/10), which also necessitates a higher insurance premium.
• High Estimated Insurance: The estimated insurance cost of $6,476.4 per year is significantly higher than the national average of around $1,500. This reflects the age of the home, location, and the risks associated with wind and potential fire damage.
The Ugly
• High Property Taxes: Westchester County is notorious for high property taxes, which can significantly impact the overall cost of ownership. A comparable home assessed at $1.79 million could easily have annual property taxes exceeding $30,000-$40,000. This isn't explicitly listed but is a major factor in Irvington.
• Potential for Hidden Issues: As an older home (built in 1963), there is a risk of hidden issues such as asbestos, lead paint, or outdated systems that could require costly remediation. A thorough inspection is crucial.
• Commuting Costs: While the location offers convenient access to the train station, commuting to NYC can be expensive. Monthly Metro-North tickets can cost several hundred dollars, adding to the overall cost of living.
• Reliance on Public Utilities: The property relies on public utilities such as electricity, natural gas, and sewer. Any disruptions in these services could significantly impact the living experience and require additional expenses for backup systems.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Individuals Seeking Proximity to Nature and Outdoor Activities: The property's location steps from Irvington Woods offers immediate access to hiking and exploration, which appeals to those prioritizing outdoor recreation.
• Buyers Valuing Walkability and Commuting Convenience: The property's walkability to schools, parks, the train station, and the village center provides convenience for daily life and commuting to NYC.
• Individuals Desiring Updated Features and Open Living Spaces: The home features an open floor plan, updated kitchen with stainless steel appliances, and a luxurious primary bathroom, appealing to those seeking modern amenities.
• Individuals Wanting Homes with Additional Flexible Space: The walk-out basement offers ample space for a gym, playroom, or guest space, providing flexibility to tailor the home to various lifestyles.
Not For
• Individuals on a Strict Budget: The high property taxes in Westchester County and the potential need for renovations can make this property less suitable for those with limited financial resources.
• Individuals Requiring a Low-Maintenance Property: The older housing stock in Irvington may require ongoing maintenance and updates, which may not appeal to those seeking a hassle-free home.
• Individuals Preferring Urban Amenities: While Irvington offers a charming village atmosphere, the range of amenities and entertainment options is more limited than in a larger city, which may not suit those seeking a vibrant urban lifestyle.
• Individuals Sensitive to Climate Risks: The moderate fire risk and major wind risk may be a concern for those seeking a property with minimal environmental hazards.
Demographics
Area Median Income
$204,118
Property History
Price History
Ownership Timeline
$1,635,000Cash Purchase
Aug 6, 2007Slavik Zorin, Regina ZorinElizabeth Brackis Cott
Bargain And Sale Deed
Non-Residential Arm's Length Transactions
$420,000Cash Purchase
Jul 2, 1997Anthony J Cucinell Jr, Margaret M CucinellSlavik Zorin, Regina Zorin
Executors Deed
Standard Sale (Purchase/Resales)
Property Taxes
$0
2023 Tax Assessment
Assessed Value$1,447,500
Tax Rate0.00%
Sunlight Analysis
Visualize how sunlight affects this property throughout the day and year.
Sunlight Analysis
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Schools
Nearby school quality by education level
Middle
8.0/10
ExcellentHigh
9.0/10
ExcellentFinancials
Monthly Costs
Market Rent (4 bed)
Get a detailed estimate on Zillow$1,436
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$1,799,000
Price/sqft
$595
Layout
4 bd•4 ba
Stats in the Area
Based on 3 comparable properties nearby
Average Price
$1,146,250
56.9%
Your price is 56.9% above average
Median Price
$1,200,000
49.9%
Based on 3 recent sales
Price per Sq.Ft
$414
43.6%
Your price is 43.6% above average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 60 Mulligan Lane, Irvington, NY 10533 | $1,200,000 | 2,786 | 4 | 3 | $43127.6% | 9/27/2024 |
| 6 Tarryhill Road, Tarrytown, NY 10591 | $1,404,000 | 3,539 | 5 | 3 | $39733.3% | 9/17/2024 |
| lot 4 Shaw Lane, East Moriches, NY 11940 | $834,750 | N/A | 4 | 3 | N/A | 12/5/2024 |
60 Mulligan Lane, Irvington, NY 10533
Price: $1,200,000
Sq.Ft: 2,786
Beds/Baths: 4/3
$/Sq.Ft:
$43127.6%
Sale Date: 9/27/2024
6 Tarryhill Road, Tarrytown, NY 10591
Price: $1,404,000
Sq.Ft: 3,539
Beds/Baths: 5/3
$/Sq.Ft:
$39733.3%
Sale Date: 9/17/2024
lot 4 Shaw Lane, East Moriches, NY 11940
Price: $834,750
Sq.Ft: N/A
Beds/Baths: 4/3
$/Sq.Ft: N/A
Sale Date: 12/5/2024
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