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40 Gilbert St

South Salem, NY 10590

3 bd 4 ba 2,161 sqft Built 1950 Lot 13,295 sqft single_family
Most recent sale
$1,200,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 18, 2025 Sold $1,229,900 OneKeyMLS
Mar 24, 2025 Price changed $1,229,900 OneKeyMLS
Mar 2, 2025 Listed $1,295,000 OneKeyMLS
Feb 13, 2025 Listing removed $1,325,000 OneKeyMLS
Oct 21, 2024 Sold $60,000 Public Record
Jun 22, 2022 Sold $1,200,000 Public Record
Apr 28, 2022 Listed $1,165,000 MLS #H6175372
Jul 28, 1994 Sold $354,500 Public Record
Sep 1, 1973 Sold $59,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $45,000 $23,900 $68,900 $21,427
2024 $45,000 $23,900 $68,900 $20,574
2023 $40,600 $23,900 $64,500 $18,124
2022 $34,400 $23,900 $58,300 $16,201
2021 $34,400 $23,900 $58,300 $15,831
2020 $34,400 $23,900 $58,300 $15,866
2019 $34,400 $23,900 $58,300 $15,195
2018 $34,400 $23,900 $58,300 $14,739
2017 $34,400 $23,900 $58,300 $14,669
2016 $34,400 $23,900 $58,300 $14,306
2015 $34,400 $23,900 $58,300 $14,485
2014 $34,400 $23,900 $58,300 $14,931
2013 $34,400 $23,900 $58,300 $14,677
2012 $34,400 $23,900 $58,300 $14,484
2011 $34,400 $23,900 $58,300 $13,751
2009 $34,400 $23,900 $58,300 $13,460
2008 $34,400 $23,900 $58,300 $13,116
2007 $34,400 $23,900 $58,300 $12,780

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
2,161 sqft
Lot size
13,295 sqft
ZIP code
10590
City
South Salem
Street
Gilbert St
Coordinates
41.28619, -73.55686

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,347
Gross rental yield
7.35%
Implied cap rate
4.78%
Trend-extrapolated value

Frequently asked questions

When did 40 Gilbert St last sell?
40 Gilbert St most recently sold on Jun 22, 2022 for $1,200,000.
What is the current tax assessment for 40 Gilbert St?
The most recent total assessment for 40 Gilbert St (year 2025) is $68,900 with $21,427 in property tax.
How does 40 Gilbert St's assessment compare to its last sale price?
The current assessment is 94.3% below the last sale price of $1,200,000.
When was 40 Gilbert St built?
40 Gilbert St was built in 1950.
How does 40 Gilbert St compare to others on Gilbert St?
We track 8 other properties on Gilbert St. Browse the list under "Other properties on Gilbert St" to compare beds, baths, and sale history.
What are the property facts for 40 Gilbert St?
40 Gilbert St is a 3 bed, 4 bath, 2,161 sqft, 13,295 sqft lot single_family.
Is 40 Gilbert St a flip candidate?
No — 40 Gilbert St does not appear in our flips dataset.
Is 40 Gilbert St a tax-appeal candidate?
No — 40 Gilbert St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.6%
Implied 1-yr
-14.3%
2026 Q2
$715.7K
2026 Q3
$682.4K
ZIP 10590 — Median Price History + Forecast

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