




556 Westchester Avenue, Port Chester, NY, 10573
About This Home
Two-Family Investment Opportunity – RYE BROOK property at PORT CHESTER prices!! This beautifully maintained two-family home in the highly desirable Rye Brook area offers a rare opportunity for both investors and owner-occupants. Currently generating over $5,200/month in rental income, with rents still below market value. This property presents immediate upside potential. A standout feature is the finished, currently VACANT walk-out basement, previously used as an in-law suite. This space offers excellent flexibility and can be combined with the first-floor unit to achieve an estimated rental income of $4,200+ per month.The home features two well-appointed residential units, each with in-unit washer and dryer and hardwood floors throughout. The second-floor unit includes carpeting for added sound insulation. Highlights include: Strong Income + Value-Add Potential: Consistent cash flow with room for rent growth Flexible Layout: Ideal for investors, owner-occupants, or multi-generational living Prime Location: Quiet, tree-lined street just minutes to Rye Ridge Shopping Center, downtown Port Chester, Rye, Greenwich, Metro-North, I-287 & I-95 Ample Parking: Off-street parking for up to 6 vehicles Lower-Level Flex Space: Finished walk-out level with rec room, bath, and bonus room—perfect for extended living or recreation Outdoor Appeal: Beautifully landscaped property including Shed for extra storage.This is a rare opportunity to own a versatile, income-producing property in one of Westchester’s most sought-after locations. Don’t miss it! Residual Income , Increasing Equity and Long-Term Appreciation
Getting Around
Schools
Construction
Condition
- Year built: 1958
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Laundry features: Washer/Dryer Hookup
Basement
- Has basement: Yes
- Basement: Finished,Full,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen,In-Law Floorplan
- Flooring: Hardwood
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 1,972
- Total interior livable area: 1,972 sqft
Property
Details
- Parcel number: 48051350000008300100430000000
- Attached to another structure: Yes
- Special condition: None
Lot
- Lot size: 7,256 sqft
Parking
- Total spaces: 6
- Parking features: Alley Access,Attached,Driveway,Off Street,Private
- Has uncovered spaces: Yes
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
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Westchester County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,525 | $54,300 |
| Home Insurance * | $283 | $3,396 |
| Property Taxes | $1,372 | $16,464 |
| Electricity | $325 | $3,910 |
| Total | $6,505 | $78,060 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Price change | $888,000 |
| 2026-08-03 | Price change | $895,000 |
| 2026-07-24 | Price change | $898,000 |
| 2026-07-22 | Listed for sale | $899,000 |
| 2026-07-15 | Pending sale | $899,000 |
| 2026-06-03 | Listed for sale | $899,000 |
| 2016-05-04 | Sold | $442,000 |
| 2016-02-17 | Pending sale | $499,000 |
| 2015-11-26 | Listed for sale | $499,000 |
| 2013-09-19 | Listing removed | $439,900 |
| 2013-01-03 | Listed for sale | $439,900 |
| 2012-11-21 | Listing removed | $469,000 |
| 2012-07-28 | Listed for sale | $469,000 |
