Recently, Inman News wrote about commutes across the country. Not surprisingly, the NYC commute was rated the longest in the nation. So its no small wonder that commuting distance (read commuting TIME) plays a big role in determining home values. For many home owners, their home values have become something of a crap-shoot. Take away train line or even just at station stop, add major congestion on primary local arteries and those who were previously sitting on pretty pile of equity may see it all go south.
Archive for the 'Commuter Friendly Locations Westchester' Category
The Mamaroneck market, like other markets along the Sound Shore, is a very active one that is appreciating in value. By far the biggest part of this market is in single-family homes, although there are several very popular condo and co-op complexes, many near the center of town and the Metro-North station.
Just the Facts:
|Asking Price:||$599,000 (subject to change)|
|Property Taxes:||$17,000 (w/o STAR rebate)|
|Lot Size:||0.39 acres|
Combine the best of the old with all the modern convenience of the 21st century in this lovely Dutch Colonial home. This is gracious living at its best. This Mount Vernon home is beautifully updated with special attention to detail. The eat-in kitchen has been modernized with granite countertops and stainless steel appliances to be a modern chef’s dream, while still taking into account the pre-war character of the house.
Current Price: $849,000 (subject to change)
Monthly HOA: $1546
Additional Fees: $20 (storage unit)
Trump Tower offers the epitome of luxury and amenities all in the walkers paradise of downtown White Plains. You can leave the car and walk to almost anywhere. The train station is a little over half a mile away with a commute to Manhattan a mere 33 minutes by express train.
The latest sales stats show high demand and a strong rebound in the market starting in 2012.
Trump Tower – White Plains – Sales History – 2011-2015
Like all real estate in the New York metropolitan area, Trump Tower was impacted by the financial crisis of 2008. The low point was in 2011 when prices were nearly 20% off their highs of 2006. However, after 2011, the market started posting gains. And if the statistics hold for the remainder of 2015, Trump Tower will have completely recovered the losses posted since 2006.
You can’t think about the Hudson River without thinking about trains and train lines. Trains and the lower Hudson Valley go hand in hand because the area is just a few miles from mid-town Manhattan. For Westchester residents, trains are a way of life, and that makes good sense since many residents make the daily trek from their Westchester homes to Manhattan. Thanks to Metro-North, the trip is quite painless and efficient.
- 5 Bedrooms
- 3 Baths
- 3147 sq. ft.
- 0.33 acres
- Prewar charmer built in 1924
- Location – the Highlands White Plains NY
- Offered at $779,000
- Taxes without STAR: $15,794
- Taxes with STAR – deduct $1524:
Welcome home to a 4-story pre-war colonial, ideal for multigenerational living in White Plains NY. This home offers old world charm with all the architectural details and unique touches that one expects from a pre-war home while offering plenty of elbow room to expand. In addition the grounds boast an oversized detached garage, two basements. The property sits on 0.33 wonderful acres offering plenty of space for outdoor living.
For a complete photo album – see my page on Google+ for 152 Old Mamaroneck Rd.
Sitting on the edge of the famous Highlands neighborhood. The location of the home offers all the convenience that downtown White Plains is famous for while being tucked away in a suburban neighborhood.
Downtown White Plains offers all the convenience of city life. Although the live-in population of White Plains hovers just under 60,000 residents, the city is host to over 250,000 commuters who are employed within the city borders. Add to that the nightlife and shopping that has evolved around the downtown renaissance and you have a thriving city that really doesn’t sleep. Although there is only one Manhattan, White Plains has been dubbed “mini-me Manhattan”. This location gives you the benefit of a wonderful residential suburban neighborhood with plenty of elbow room and privacy.
The Highlands sits in the buffer zone between the very suburban southern section of White Plains that comprises the southern tip of the city and the true downtown area to the north. So residents of this neighborhood get the convenience and benefit that the downtown offers combined with the more tranquil and private lifestyle of a suburban neighborhood. Known for its easy commute. Its the best of both worlds.
White Plains is also a commuter’s paradise – a mere 33 minutes from midtown Manhattan and is an express stop on the metro-north Harlem Line.
© 2013 – Ruthmarie G. Hicks – http://thwestchestrview.com – All rights reserved.
Lighting Up The Night – Outdoor Lighting & Twilight Photography – The American Dream Home at Hudson Harbor Tarrytown….
One of the newest trends in home sales is what we call “twilight photography” of the home’s exterior. Although there are many factors that help sell a home, apart from a very competitive pricing and top-of-the-line staging, there is little that will promote a home better than eye-catching photos. And what catches the eye better than a fully lit home in all its glory, at dusk. Hence, the term twilight photography. However, although the photographer should take a bow here (shameless plug intended) without the right lighting…all the photography in the world won’t help. But this is an example where great lighting can make the photographer look like a genius.
The weekend before last I took a rare day off to help a friend move from her upper east side apartment to the her new digs in the upper west side. In so doing, we made good use of my Honda Element taking things back and forth and loading the car with new goodies to decorate the new abode.
- The Hudson Line – (Green) which hugs the Hudson River and stops in all the river towns such as Tarrytown, Irvington and Dobbs Ferry.
- The Harlem Line (Blue) which goes straight down the middle of the county serving landlocked towns such as White Plains, Scarsdale and Bronxville.
- The New Haven Line (Red) which serves the Sound Shore area including New Rochelle, Mamaroneck and Larchmont.
These train lines transport commuters from all over the county to Grand Central Station in mid-town Manhattan. The power of having a Metro-North stop in your home time is reflected in higher home prices, and a greater resilience to the housing recession. The towns in lower Westchester with an easy commute, held up better than a town up-county with no train station.
The reason for this disparity is obvious. With the rising cost of fuel and the heavy congestion on the roadways, having easy access to a Metro-North train station is an obvious plus. Being able to easily hop a train certainly beats spending hours in traffic burning gasoline as well as your patience. Also, even if the train station is geographically close by, if it is not located in the municipality in which you reside, parking permits can become problematic.