NOT LISTED FOR SALE

626 Homestead Ave Peekskill, NY 10566

Estimated Value: $876,000 - $997,000

8 Beds
3 Baths
2,464 Sq Ft
$375/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $510,000 $207 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,758/month

23 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Park
  • Property is near public transit, schools, and shops
  • 5 Car Detached Garage
  • Baseboard Heating

About This Home

As of May 2019

A remarkable opportunity to own a maintenance free cash flow producing multifamily dwelling in the vivacious city of Peekskill. This true three family is currently producing a gross income of $70,800 with upgrades like a new boiler, newer roof, windows, hot water heater and many more. Train station is 1 Mile away as well as shopping, restaurants, bus, and route 9. Two bedrooms, over three bedrooms, over three bedrooms makes this a rare find in Peekskill. Nestled away in a quiet residential neighborhood with up to five off street parking places. Full unfinished walkout basement with three gas meters, three electrical panels and three zones for heating. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:4+ Car Detached,

Last Agent to Sell the Property

Arber Balidemaj

The Select Team, LLC License #10491213287 Listed on: 02/25/2019

Last Buyer's Agent

Arber Balidemaj

The Select Team, LLC License #10491213287 Listed on: 02/25/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,591

Year Built

  • Built in 1956 | Remodeled in 2016

Lot Details

  • 5,140

Home Design

  • Triplex
  • Colonial Architecture
  • Stone Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 5 Car Detached Garage
  • Common or Shared Parking
  • Driveway
  • Parking Lot
  • Assigned Parking

Schools

  • Peekskill Middle School
  • Peekskill High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • Wood Flooring
  • 5,140 Sq Ft Lot
  • Property is near public transit, schools, and shops

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1200-032-020-00010-000-0008

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,591

Year Built

Built in 1956 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Triplex
  • Property Condition: Actual
  • Year Built: 1956
  • Year Built Effective: 2016
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 510000.00
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 4237279.6610
  • CurrentPrice_By_BuildingAreaTotal: 206.98052
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 8
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Stone
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 5
  • Parking Description: Assigned, Common, Detached, Driveway, Parking Lot

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Oil
  • Security: Fire Escape
  • 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

  • Other Expense: 8000

Schools

  • Middle School: Peekskill Middle School

Lot Info

  • Lot Size Acres: 0.118
  • Lot Size Sq Ft: 5140
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 1200-032-020-00010-000-0008
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

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

Tax Info

  • Tax Annual Amount: 13591
  • Tax Year: 2018

MLS Schools

  • High School: Peekskill High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2024
Sold by
Dimarco Property Group Llc
Bought by
Barcacel Yudelka Romero and Romero Camilo Yudelka
Current Estimated Value
$924,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Outstanding Balance
$507,893
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$416,421

Purchase Details

Closed on
Aug 2, 2019
Sold by
Dimarco John and Dimarco Darlene
Bought by
Dimarco Property Group Llc

Purchase Details

Listed on
Feb 25, 2019
Closed on
May 1, 2019
Sold by
626 Homestad Realty Corp
Bought by
Dimarco John and Dimarco Darlene
Seller's Agent
Arber Balidemaj
The Select Team, LLC
Buyer's Agent
Arber Balidemaj
The Select Team, LLC
List Price
$499,999
Sold Price
$510,000
Premium/Discount to List
$10,001
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$374,250
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records
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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
Barcacel Yudelka Romero $855,000 Security Title
Barcacel Yudelka Romero $855,000 Security Title
Dimarco Property Group Llc -- Flatiron Abstract Llc
Dimarco John $510,000 Thoroughbred Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barcacel Yudelka Romero $513,000
Closed Barcacel Yudelka Romero $513,000
Previous Owner Dimarco John $374,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Off Market $510,000 -- --
05/01/2019 05/01/19 Sold $510,000 +2.0% $207 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $499,999 -- $203 / 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 -- $12,200 $1,100 $11,100
2023 $14,935 $12,200 $1,100 $11,100
2022 $14,639 $12,200 $1,100 $11,100
2021 $14,333 $12,200 $1,100 $11,100
2020 $14,058 $12,200 $1,100 $11,100
2019 $13,568 $12,200 $1,100 $11,100
2018 $2,452 $12,200 $1,100 $11,100
2017 $0 $12,200 $1,100 $11,100
2016 $12,786 $12,200 $1,100 $11,100
2015 -- $12,200 $1,100 $11,100
2014 -- $12,200 $1,100 $11,100
2013 -- $12,200 $1,100 $11,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H4908646

OneKey® MLS

APN: 1200-032-020-00010-000-0008