NOT LISTED FOR SALE

1318 Main St Peekskill, NY 10566

Estimated Value: $432,722 - $613,000

4 Beds
2 Baths
1,692 Sq Ft
$323/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $359,999 $213 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,617/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit, schools, and shops
  • Porch
  • Deck
  • Wood Flooring
  • Park

About This Home

As of February 2020

A spectacular opportunity to own an income producing property in the vivacious city of Peekskill. This two family, (three bedroom unit over one bedroom unit) was completely rebuilt in 2013, fully remodeled and brought up to code. Spray foam insulation, new roof, new boiler, new sewer line to the street, new electrical, new oil burner, new electric stove, laundry room and sprinkler system throughout, are only some of the modern upgrades this home has to offer. A great cash flow property with tons of opportunity to grow in rental value. Located within a short walking distance of downtown Peekskill, this investment property is a tenants ideal home to rent. Owner is currently paying for heat and hot water and tenant is responsible for the additional gas and electric. This investment is maintenance free. Additional Information: HeatingFuel:Oil Above Ground,

Last Agent to Sell the Property

Arber Balidemaj

The Select Team, LLC License #10491213287 Listed on: 12/09/2019

Last Buyer's Agent

Melvin Ramos

Coldwell Banker Realty License #10401315378

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,851

Year Built

  • Built in 1900 | Remodeled in 2013

Lot Details

  • 3,737

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Shake Siding
  • Cedar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Peekskill Middle School
  • Peekskill High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Additional Features

  • Wood Flooring
  • 3,737 Sq Ft Lot
  • Property is near public transit, schools, and shops

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1200-033-006-00003-000-0002

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,851

Year Built

Built in 1900 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Duplex
  • Property Condition: Estimated
  • Year Built: 1900
  • Year Built Effective: 2013
  • ResoBuildingAreaSource: Other
  • CurrentPrice: 359999.00
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 4195792.5408
  • CurrentPrice_By_BuildingAreaTotal: 212.76537
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Appliances: Oil Water Heater
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick, Cedar, Shake Siding
  • Patio and Porch Features: Deck, Porch
  • Waterfront: No
  • Foundation Details: Slab

Garage/Parking

  • Parking Description: Off Street

Utilities

  • Cooling: None
  • Heating: Hot Water, Oil
  • Security: Fire Sprinkler System
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Fee Information

  • Annual Water Sewer Expense: 1165

Schools

  • Middle School: Peekskill Middle School

Lot Info

  • Lot Size Acres: 0.0858
  • Lot Size Sq Ft: 3737
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 1200-033-006-00003-000-0002
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 2359
  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • Insurance Expense: 2749

Tax Info

  • Tax Annual Amount: 7851
  • Tax Year: 2019

MLS Schools

  • High School: Peekskill High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2022
Sold by
Rodriguez David
Bought by
Bohio New York Enterprises Inc
Current Estimated Value
$535,562

Purchase Details

Listed on
Dec 9, 2019
Closed on
Feb 20, 2020
Sold by
Hagerty Judy E
Bought by
Rodriguez Darlene and Rodriguez David
Seller's Agent
Arber Balidemaj
The Select Team, LLC
Buyer's Agent
Melvin Ramos
Coldwell Banker Realty
List Price
$359,999
Sold Price
$359,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$269,999
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Garofalo James M
Bought by
Hagerty Judy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
5.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 2002
Sold by
Morabito Steven C
Bought by
Gapalo James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 18, 1999
Sold by
Msm Realty Of Westchester Inc
Bought by
Morabito Steven C
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
Bohio New York Enterprises Inc -- Westcor Land Title
Rodriguez Darlene $359,999 Paragon Abstract Inc
Hagerty Judy E $295,000 --
Gapalo James M $191,325 The Judicial Title Ins Agenc
Morabito Steven C -- Trw Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Darlene $269,999
Previous Owner Hagerty Judy E $265,500
Previous Owner Gapalo James M $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $359,999 -- --
02/20/2020 02/20/20 Sold $359,999 0.0% $213 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $359,999 -- $213 / 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 $9,730 $6,960 $1,300 $5,660
2023 $9,511 $6,960 $1,300 $5,660
2022 $8,870 $6,960 $1,300 $5,660
2021 $8,460 $6,960 $1,300 $5,660
2020 $8,020 $6,960 $1,300 $5,660
2019 $7,740 $6,960 $1,300 $5,660
2018 $1,399 $6,960 $1,300 $5,660
2017 $0 $6,960 $1,300 $5,660
2016 $7,294 $6,960 $1,300 $5,660
2015 -- $6,960 $1,300 $5,660
2014 -- $6,960 $1,300 $5,660
2013 -- $6,960 $1,300 $5,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H5120071

OneKey® MLS

APN: 1200-033-006-00003-000-0002