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Putnam
214 Walnut Road
Photo of 214 Walnut Road
Sold on Sep 21, 2026

11

Map

Photo of 214 Walnut Road
Photo of 214 Walnut Road
$270,000
● House - Off Market

214 Walnut Road

Putnam Valley, NY 10537
bedrooms
2 Beds
bathrooms
1 Bath
square feet
832 Ft²
$1,960
Est. Monthly

About This Property

Calling all investors, contractors, and buyers looking for their next renovation project! This 2-bedroom, 1-bath cottage in the Lake Peekskill community offers tremendous potential and is ready for a complete transformation. Original character remains throughout, including a welcoming living room with a stone fireplace, a spacious formal dining room, original woodwork and seasonal water view. The large attic presents the opportunity to create additional living space, while the private, level backyard provides plenty of room for outdoor enjoyment. With vision and renovation, this property could become the perfect starter home, weekend retreat, or investment opportunity. Property is being sold as is.  CASH DEAL ONLY.
Unit Size
832 Ft²
Days on Market
87 days
Land Size
0.29 acres
Price per sqft
$300
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 28 days ago (OneKey MLS #KEY1018877)

Price History

Date / Event Date Event Price
Sep 21, 2026 Sold
Premium
Sold
Sep 1, 2026 In contract -
In contract
Jun 26, 2026 Listed by William Raveis Real Estate $249,999
Listed by William Raveis Real Estate
Nov 20, 2019 Listed by River Realty Services, Inc. $99,900
Listed by River Realty Services, Inc.
Nov 19, 2019 Sold
Premium
Sold

Property Highlights

Parking Available
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,743
  • Lot Size Depth Feet: 1,258
  • Lot Size Frontage Feet: 1,013
  • Total Building Area: 832
  • Building Area: 832
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 832
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PEEKSKILL SECTION E
  • Land Acres: 0000000292
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Putnam Valley Central School District
  • School Tax School District: PUTNAM VALLEY
  • Census Tract: 010901

Zoning

  • Zoning: LP

Geography

  • Account Number: 051200
  • District: 372800
  • Section: 83.81
  • Parcel: 372800 83.81-1-19
  • Block: 1
  • Lot: 19.000
  • Municipality: PUTNAM VALLEY
  • Latitude: 41.3389
  • Longitude: -73.8858

    Address

  • Full Address: 214 Walnut Rd
  • Address - House Number: 214
  • Address - Street Name: Walnut
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Lake Peekskill
  • Carrier Code: R081
  • 4-Digit Zip Code: 1102
  • Zip Code: 10537

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $798,501
  • Tax Rate Code Area: 372803

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 343,176
  • High Value: 403,081
  • Low Value: 283,272

    Market Valuation

  • Market Total Value: $257,500
  • Market Land Value: $69,500
  • Market Improvement Value: $188,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,500
  • Assessed Land Value: $69,500
  • Assessed Improvements Value: $188,000

    Sales

  • Current Sale Contract Date: Jan 28, 2020
  • Current Sale Recording Date: Feb 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 00978-2020
  • Previous Sale Recording Date: Nov 19, 2019
  • Previous Sale Contract Date: Nov 14, 2019
  • Previous Sale Amount: $225,460
  • Previous Sale Document Type: 59
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Putnam

Stats & Trends

Median Asking:

$579,500

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2377 ft²

Average Home Age

60.5 years

Currently For Sale

284 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 8 Anton Place, Lake Peekskill, NY, 10537

$3,095 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
8 Anton Place, Lake Peekskill, NY, 10537 Listing by Jorge A. Guerrero Jr
Unit for rent at 39 Helena Avenue, Mohegan Lake, NY, 10547

$2,800 /mo

  • 2 Beds
  • 1 Bath
  • 700 ft²
39 Helena Avenue #1, Mohegan Lake, NY, 10547 Listing by John Quartararo
Unit for rent at 5 Adair Road, Cortlandt Manor, NY, 10567

$5,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,550 ft²
5 Adair Road, Cortlandt Manor, NY, 10567 Listing by Dina A. Reggio

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 28 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 214 Walnut Road built and last sold?
The property at 214 Walnut Road was built in 1940 and last sold on Jan 28, 2020 for $120,000.
How much is this home worth?
The estimated value of the home located at 214 Walnut Road is $242,999.
What are some comparable homes to 214 Walnut Road?
There are currently no comparable homes to 214 Walnut Road.
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