NOT LISTED FOR SALE

511 Roosevelt Ave Peekskill, NY 10566

Estimated Value: $500,000 - $680,000

5 Beds
2 Baths
2,200 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 08, 2018

Last sale price $314,000 $143 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,190/month

143 Days on Market

Highlights

  • Colonial Architecture
  • Partially Wooded Lot
  • Main Floor Primary Bedroom
  • Property is near public transit
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of May 2018

Wonderful two family house across the street from Franklin Park. Great income property for investors with a 7% Cap Rate. This property is never vacant. Two separate entrances, long driveway, renovated kitchens and baths, large basement, attic with pull down stairs. Two car garage, backyard with second lower backyard and deck. Downstairs apartment has extra bonus room. Two boilers so tenants can pay their own heat although current landlord pays heat. Huge basement that can be easily finished. Walk to school, bus, town, shopping and more. Must see!

Last Agent to Sell the Property

Linda Einfrank

Sterling Property Solutions Brokerage Phone: 914-355-3277 License #10311203102 Listed on: 01/09/2017

Last Buyer's Agent

Andrew Harriott

William Raveis Real Estate License #10301213420

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,770

Year Built

  • Built in 1920

Lot Details

  • 9,191 Sq Ft Lot
  • No Common Walls
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Peekskill Middle School
  • Peekskill High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 1200-032-016-00014-000-0013

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

$10,770

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 914-355-3277
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Storage
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2200
  • Owner Pays: Insurance
  • SquareFootage: 2200.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Shingle Siding, Wood Siding

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached, Driveway, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 2

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 1600
  • AdditionalFeesYN: 0

Schools

  • Middle School: Peekskill Middle School

Lot Info

  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Dimensions: 0.2110
  • Lot Size Sq Ft: 9191
  • Lot Size Units: Acres
  • Lot Features: Part Wooded, Near Public Transit
  • Parcel Number: 1200-032-016-00014-000-0013
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Fuel Expense: 3386
  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1

Tax Info

  • Tax Annual Amount: 10770
  • Tax Map Number: 1200-032-016-00014-000-0013
  • 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

Closed on
Jan 15, 2009
Sold by
Lavin Steven B
Bought by
Wells Fargo Bank National Association and Saxon Mortgage Services Inc
Current Estimated Value
$569,909
Source: Public Records

Range of Values:

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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
Wells Fargo Bank National Association $500 Web Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2018 05/08/18 Sold $314,000 -37.1% $143 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $499,000 -- $227 / 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 $14,025 $9,900 $1,300 $8,600
2023 $13,217 $9,900 $1,300 $8,600
2022 $12,547 $9,900 $1,300 $8,600
2021 $11,631 $9,900 $1,300 $8,600
2020 $11,760 $9,900 $1,300 $8,600
2019 $11,010 $9,900 $1,300 $8,600
2018 $1,989 $9,900 $1,300 $8,600
2017 $0 $9,900 $1,300 $8,600
2016 $10,376 $9,900 $1,300 $8,600
2015 -- $9,900 $1,300 $8,600
2014 -- $9,900 $1,300 $8,600
2013 -- $9,900 $1,300 $8,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4650605

OneKey® MLS

APN: 1200-032-016-00014-000-0013