NOT LISTED FOR SALE

301 Bay St Peekskill, NY 10566

Estimated Value: $435,000 - $730,000

7 Beds
3 Baths
1,936 Sq Ft
$311/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $200,000 $103 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $4,296/month

45 Days on Market

Highlights

  • Water Views
  • Property is near public transit
  • Baseboard Heating
  • Colonial Architecture
  • Corner Lot
  • Wood Siding

About This Home

As of March 2018

Ca-Ching! The sweet sound you'll hear every month on rent day when you purchase this excellent income earner. Large multi-family in the City of Peekskill delivered vacant. Currently a legal 2-family property with potential to be a 3-family again. Apartments have beautiful views of the Hudson. Close to everything including walking distance to MetroNorth commuter rail, but located on quiet suburban street.

Last Agent to Sell the Property

Joe Kuhl

River Realty Services, Inc. Brokerage Phone: 914-762-2500 License #10301220943 Listed on: 12/30/2017

Co-Listed By

Melissa Terman

River Realty Services, Inc. Brokerage Phone: 914-762-2500 License #10401203375

Last Buyer's Agent

Melissa Terman

River Realty Services, Inc. Brokerage Phone: 914-762-2500 License #10401203375

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,955

Year Built

  • Built in 1920

Lot Details

  • 3,999 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,936 Sq Ft Home
  • Water Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Peekskill Middle School
  • Peekskill High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1200-032-016-00011-000-0016

Community Details

Overview

  • 2 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,955

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 914-762-2500
  • Co List Office Mls Id: ONEJPHILI
  • Co List Office Phone: 914-762-2500
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Bilco Door(s)
  • Total Bedrooms: 7
  • Living Area: 1936
  • SquareFootage: 1936.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • View: Other, Water
  • View YN: Yes

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Peekskill Middle School

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 0.0918
  • Lot Size Sq Ft: 3999
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Level, Near Public Transit
  • Parcel Number: 1200-032-016-00011-000-0016
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3
  • NumberOf2Bedrooms: 2
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 10955
  • Tax Map Number: 1200-032-016-00011-000-0016
  • IncludedInTaxes: Trash

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
Dec 30, 2017
Closed on
Mar 6, 2018
Sold by
Willimngton Savigs Fund Society Fsb
Bought by
Callu Il Llc
Seller's Agent
Joe Kuhl
River Realty Services, Inc.
Buyer's Agent
Melissa Terman
River Realty Services, Inc.
List Price
$229,900
Sold Price
$200,000
Premium/Discount to List
-$29,900
-13.01%
Current Estimated Value
$602,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,333
Avg. Annual Appreciation
15.25%

Purchase Details

Closed on
Jun 21, 2017
Sold by
Tirone Anthony Rocco
Bought by
Wilmington Savings Fund Society and Christina Trust

Purchase Details

Closed on
Sep 19, 2003
Sold by
Chriyankandath Joseph J and Chriyankandath Angelina
Bought by
Faulkner Ernest J and Faulkner Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,550
Interest Rate
6.25%
Mortgage Type
Unknown
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
Callu Il Llc $200,000 First American Title Ins Co
Wilmington Savings Fund Society $378,795 Csc Ingeo
Faulkner Ernest J $260,000 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faulkner Ernest J $233,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $200,000 -13.0% $103 / Sq Ft
12/30/2017 12/30/17 Pending -- -- --
12/30/2017 12/30/17 For Sale $229,900 -- $119 / 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 $13,685 $11,000 $1,500 $9,500
2023 $13,466 $11,000 $1,500 $9,500
2022 $13,199 $11,000 $1,500 $9,500
2021 $12,923 $11,000 $1,500 $9,500
2020 $12,675 $11,000 $1,500 $9,500
2019 $11,845 $11,000 $1,500 $9,500
2018 $2,009 $10,000 $1,500 $8,500
2016 $10,480 $10,000 $1,500 $8,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4753709

OneKey® MLS

APN: 1200-032-016-00011-000-0016