NOT LISTED FOR SALE

1125 Orchard St Peekskill, NY 10566

Estimated Value: $533,000 - $724,000

6 Beds
2 Baths
2,476 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $600,000 $242 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,148/month

186 Days on Market

About This Home

As of October 2023

This Orchard street property is waiting for you to come seize this amazing opportunity! The multi-family, two-unit property in duplex style is 2,476 square feet and includes a huge parking lot that can accommodate at least six vehicles, which makes it perfect for big families. Located in Peekskill, New York, this area is ideal for such investments in an ever-growing market, and properties like this with great rental income are one of the best choices for those looking to get more into real estate. The location is also perfect for families, close to bus stops, railroads, schools, a variety of shops, and more. It's a six-bedroom, two-bathroom total, divided into three bedrooms and one bathroom in the first unit and three bedrooms and one bathroom in the second unit. The units are already fitted with ovens and gas range as well as refrigerators, and the tenants pay for their utilities separately. Aside from the large parking lot, there's also off-street parking if needed. Take the opportunity now and don't miss out on having an incredible property in an up-and-coming area that will be a great investment for the future. Contact us today!

Last Agent to Sell the Property

Chaim Lebrecht

eRealty Advisors, Inc Brokerage Phone: 914-712-6330 License #10401353579 Listed on: 03/13/2023

eRealty Advisors, Inc

Last Buyer's Agent

Chaim Lebrecht

eRealty Advisors, Inc Brokerage Phone: 914-712-6330 License #10401353579 Listed on: 03/13/2023

eRealty Advisors, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,479

Year Built

  • Built in 1934

Lot Details

  • 5,619 Sq Ft Lot
  • No Common Walls

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,476 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Parking Lot

Schools

  • Peekskill Middle School
  • Peekskill High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 1200-033-022-00003-000-0016

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,479

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Partial
  • Total Bedrooms: 6
  • Living Area: 2476
  • SquareFootage: 2476.00
  • SquareFootageSource: Other

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Parking Lot

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Fuel Oil Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Peekskill Middle School

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5619
  • Lot Size Units: Acres
  • Parcel Number: 1200-033-022-00003-000-0016
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 9479
  • Tax Map Number: 1200-033-022-00003-000-0016

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Peekskill High School
  • Middle School District: Peekskill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Oct 18, 2023
Sold by
Weinberger Avrohom and Stauber Yisucher Dov
Bought by
Follman Moses and Follman Simon
Seller's Agent
Chaim Lebrecht
eRealty Advisors, Inc
Buyer's Agent
Chaim Lebrecht
eRealty Advisors, Inc
List Price
$609,000
Sold Price
$600,000
Premium/Discount to List
-$9,000
-1.48%
Views
357
Current Estimated Value
$614,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,441
Avg. Annual Appreciation
1.10%
Original Mortgage
$450,000
Outstanding Balance
$441,251
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$173,190

Purchase Details

Listed on
Jan 30, 2022
Closed on
Mar 30, 2022
Sold by
Tugba Temurcan
Bought by
Weinberger Avrohom and Stauber Yisucher Dov
Seller's Agent
Michelle Ulutas
Coldwell Banker Realty
Buyer's Agent
Chaim Lebrecht
eRealty Advisors, Inc
List Price
$380,000
Sold Price
$440,000
Premium/Discount to List
$60,000
15.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.15%
Original Mortgage
$330,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2010
Sold by
U S Bank National Association
Bought by
Temurcan Tugba

Purchase Details

Closed on
Jun 19, 2008
Sold by
Herrera Sonia and Coronel Narcisa
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 29, 2005
Sold by
Taccariello Anthony M Marlene A
Bought by
Herrera Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,250
Interest Rate
7.95%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Follman Moses $600,000 Riverside Abstract
Weinberger Avrohom $440,000 Commonwealth Land Title
Temurcan Tugba $139,900 Lawyers Title Insurance Corp
U S Bank National Association $295,340 Old Republic National Title
Herrera Sonia $395,000 Robert L Reda
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Follman Moses $450,000
Previous Owner Weinberger Avrohom $330,000
Previous Owner Herrera Sonia $375,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2023 10/23/23 Sold $600,000 0.0% $242 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
07/23/2023 07/23/23 Off Market $600,000 -- --
03/13/2023 03/13/23 For Sale $609,000 +38.4% $246 / Sq Ft
04/04/2022 04/04/22 Sold $440,000 +15.8% $214 / Sq Ft View Prior Sale
02/08/2022 02/08/22 Pending -- -- --
01/30/2022 01/30/22 For Sale $380,000 -- $185 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,147 $10,700 $1,100 $9,600
2023 $9,671 $7,900 $1,100 $6,800
2022 $9,479 $7,900 $1,100 $6,800
2021 $9,281 $7,900 $1,100 $6,800
2020 $9,103 $7,900 $1,100 $6,800
2019 $8,786 $7,900 $1,100 $6,800
2018 $1,588 $7,900 $1,100 $6,800
2017 $0 $7,900 $1,100 $6,800
2016 $8,279 $7,900 $1,100 $6,800
2015 -- $7,900 $1,100 $6,800
2014 $4,580 $7,900 $1,100 $6,800
2013 $4,580 $7,900 $1,100 $6,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6236628

OneKey® MLS

APN: 1200-033-022-00003-000-0016