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611 PALMER RD #5T, Yonkers, NY, 10701

0beds
1baths
550sqft
$130,000
$236price/sqft
$1,143/moest. monthly cost
$45,720/yrincome needed

About This Home

Welcome to this beautifully maintained studio co-op at 611 Palmer Road, where comfort, style, and convenience come together. This bright and spacious home features a thoughtfully designed open-concept layout with separate living and dining areas, creating an inviting space that's perfect for relaxing or entertaining. The updated kitchen offers stainless steel appliances, generous cabinet storage, and a convenient pass-through to the dining area, allowing for an open and airy feel. The fully renovated bathroom boasts contemporary tilework, a sleek glass-enclosed shower, and modern fixtures. A custom-designed closet with stylish barn doors provides exceptional storage, while hardwood floors, neutral tones, and oversized windows fill the home with natural light. Located in the desirable Palmer House, residents enjoy a well-maintained community with a gate house with guard upon complex entry, welcoming lobby, beautifully landscaped grounds, on-site laundry facilities, and convenient access to Metro-North, Bronxville Village, shopping, restaurants, parks, and major highways—making commuting a breeze. One guaranteed outdoor parking space assigned at closing for $75/month, plus a storage room space and bike room space (free of charge). Minimum Financial Requirements for Purchase Applicants: 1) Minimum Equifax FICO 5.0 Credit Score of 740 or above, per applicant, required. 2) Required Minimum Debt to Income Ratio – not to exceed 30%. This includes ongoing costs such as maintenance, mortgage, taxes, other real estate, etc. 3) 20% Total Down Payment. 10% at contract signing required; balance due at closing. 4) Minimum of 2 years of Salary and Work History, required. 5) Minimum Cash Balance sufficient to meet 6 months of living expenses after payment of down payment and other related closing costs, required.

Getting Around

36
WalkingCar-Dependent
46
TransitSome Transit
27
BikeSomewhat Bikeable

Schools

7/10
5/10
Roosevelt High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1965

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Cooperative
  • Property subType: Stock Cooperative,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Gas Cooktop,Oven,Refrigerator
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other

Heating & Cooling

  • Heating features: Oil,Radiant,Other
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 550
  • Total interior livable area: 550 sqft

Property

Details

  • Special condition: None

Parking

  • Total spaces: 1
  • Parking features: Assigned
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters in Westchester County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $657$7,884
Home Insurance *$41$492
Property Taxes $199$2,388
Electricity $246$2,954
Total$1,143$13,716
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$39,188/yr
40% on housing$34,290/yr
45% on housing$30,480/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.8%
5.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$236This listing

vs Other Active Listings

Avg $/sqft

ZIP 10701$335
Westchester County$419

vs Homes Sold Last Month

Median $/sqft

ZIP 10701$355
Westchester County$422

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-09Listed for sale$130,000
2022-01-20Sold$100,000
2021-10-28Pending sale$99,000
2021-10-07Listed for sale$99,000
2021-09-21Listing removed--
2021-06-23Pending sale$99,000
2021-05-26Listing removed--
2021-04-02Listed for sale$99,000
2018-08-08Listing removed$1,400
2018-05-19Price change$1,400
2018-02-09Listed for rent$1,300
2015-11-13Sold$68,000
2015-04-09Listing removed$69,900
2014-10-21Price change$69,900
2014-07-18Price change$75,000
2014-04-11Listed for sale$85,000
2012-03-23Listing removed$1,100
2011-12-11Listed for rent$1,100
2011-11-05Listing removed$1,100
2011-09-24Listed for rent$1,100
2003-05-22Sold$53,560

For Sale by Agent

AgentEmerlin Ortega De Leon
BrokerageeXp Realty

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