NOT LISTED FOR SALE

714 Frost Ave Peekskill, NY 10566

Estimated Value: $661,684 - $836,000

6 Beds
2 Baths
2,984 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $704,000 $236 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,355/month

21 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Detached Garage
  • Window Unit Cooling System
  • Property is near public transit
  • Porch
  • Patio

About This Home

As of July 2022

Investment property opportunity of the year. This is a perfect opportunity to invest and own a large two family in the heart of the suburbs of Peekskill. Two large townhome side by side style two family with three large bedrooms and basement. Recently remodeled with kitchens, bathrooms, and floors and many more. Massive opportunity to collect a turnkey investment property. Two separate heating elements as well as electrical meters. Private driveway, garage, and backyard. This is a must see! Schedule your private tour today

Last Agent to Sell the Property

Arber Balidemaj

The Select Team, LLC License #10491213287 Listed on: 03/07/2022

Last Buyer's Agent

William Schunk

Schunk Realty Group License #10301220976

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,396

Year Built

  • Built in 1906

Lot Details

  • 6,582 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • 2,984 Sq Ft Home
  • Colonial Architecture
  • Advanced Framing
  • Clapboard

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Peekskill Middle School
  • Peekskill High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 2 Heating Zones
  • Heating System Uses Oil

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 1200-033-045-00001-000-0002

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

$11,396

Year Built

Built in 1906

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1906
  • Attribution Contact: 914-825-5938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 6
  • Living Area: 2984.00
  • Square Footage: 2984.00

Exterior Features

  • Construction Materials: Advanced Framing Technique, Clapboard
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Detached, 1 Car Detached, Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Forced Air
  • Hot Water: See Remarks
  • Heating Zones: 2
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Trash Collection, Park

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.1500
  • Lot Size Area: 0.1500
  • Lot Size Sq Ft: 6582.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 1200-033-045-00001-000-0002
  • Property Attached: No

Rental Info

  • Hold Start Date: 2022-03-13
  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2022-07-08
  • Tax Annual Amount: 11396.00
  • Tax Map Number: 1200-033-045-00001-000-0002

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 2
  • Two Bedrooms: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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 7, 2022
Closed on
Jul 7, 2022
Sold by
Mcelrath Francesca A
Bought by
Kelleher John and Kelleher Jennifer
Seller's Agent
Arber Balidemaj
The Select Team, LLC
Buyer's Agent
William Schunk
Schunk Realty Group
List Price
$719,999
Sold Price
$704,000
Premium/Discount to List
-$15,999
-2.22%
Current Estimated Value
$759,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,671
Avg. Annual Appreciation
2.38%
Original Mortgage
$560,000
Outstanding Balance
$533,417
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$226,254

Purchase Details

Listed on
May 14, 2015
Closed on
Feb 25, 2016
Sold by
Scott Roy L and Scott Nancy Ellen
Bought by
Mcelrath Francesca A and Stella Elena L
Seller's Agent
Marie Krajan
BHG Rand Realty
Buyer's Agent
James Garofalo
Keller Williams Hudson Valley
List Price
$419,000
Sold Price
$368,500
Premium/Discount to List
-$50,500
-12.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$288,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1998
Sold by
Lepach Llc
Bought by
Russo Michelle L and Russo Charles J
Source: Public Records

Range of Values:

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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
Kelleher John $704,000 None Listed On Document
Mcelrath Francesca A $368,500 Stewart Title
Russo Michelle L $180,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelleher John $560,000
Previous Owner Mcelrath Francesca A $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $704,000 0.0% $236 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/13/2022 03/13/22 Off Market $704,000 -- --
03/07/2022 03/07/22 For Sale $719,999 +95.4% $241 / Sq Ft
02/25/2016 02/25/16 Sold $368,500 -12.1% $123 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $419,000 -- $140 / 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 $15,925 $12,800 $1,200 $11,600
2023 $13,296 $12,800 $1,200 $11,600
2022 $11,639 $9,700 $1,200 $8,500
2021 $11,396 $9,700 $1,200 $8,500
2020 $11,177 $9,700 $1,200 $8,500
2019 $10,788 $9,700 $1,200 $8,500
2018 $685 $9,700 $1,200 $8,500
2017 $0 $9,700 $1,200 $8,500
2016 $10,166 $9,700 $1,200 $8,500
2015 -- $9,700 $1,200 $8,500
2014 -- $9,700 $1,200 $8,500
2013 -- $9,700 $1,200 $8,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6169891

OneKey® MLS

APN: 1200-033-045-00001-000-0002