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Putnam
297 Lake Drive
Photo of 297 Lake Drive

49

Map

Photo of 297 Lake Drive
Photo of 297 Lake Drive
$719,999
● House - For Sale

297 Lake Drive

Putnam Valley, NY 10537
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,739 Ft²
$4,390
Est. Monthly

About This Property

Waterfront Living in Lake Peekskill!!!!! Welcome to this move-in ready 4-bedroom, 3-bath home offering beautiful waterfront views and the opportunity to enjoy lakeside living right from home. Thoughtfully laid out with plenty of space for everyday living, this property combines comfort, functionality, and a truly scenic setting.

The home features four bedrooms and three full bathrooms, providing flexibility for a variety of living arrangements. Enjoy breathtaking water views and the peaceful surroundings from this desirable waterfront location. A walk out basement offers valuable storage space and additional versatility.
Located in Lake Peekskill, this home offers a tranquil setting while remaining convenient to local amenities and major commuter routes. Whether you're relaxing at home or taking in the beautiful views, this is a wonderful opportunity to make waterfront living your own.
Unit Size
2,739 Ft²
Days on Market
32 days
Land Size
0.14 acres
Price per sqft
$263
Property Type
House
Property Taxes
$855
HOA Dues
-
Year Built
1945

Listed By

Heather Geissler
Heather Geissler
[email protected]
Keller Williams Realty

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 months ago (OneKey MLS #KEY1039049)

Price History

Date / Event Date Event Price
Aug 18, 2026 Listed by Keller Williams Realty $719,999
Listed by Keller Williams Realty
Dec 19, 2016 Sold
Premium
Sold
Mar 21, 2016 Listed by Keller Williams Realty $160,000
Listed by Keller Williams Realty
Jul 15, 2005 Sold
Premium
Sold

Property Highlights

Parking Available
With View
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 3
Interior Features: Built-in Features, Entrance Foyer, Open Floorplan, Storage, Washer/Dryer Hookup
Appliances: Oven, Refrigerator
Rooms: 7
Basement: Walk-Out Access
Exterior Details
Square Footage: 2739
Square Footage Source: $0
Architectural Style: Other
Year Built: 1945
Waterfront Features: Lake Front, Lake Privileges, Waterfront, Water Access
Building Area Units: Square Feet
Construction Materials: Shingle Siding
Lot Size Area: 6175
Lot Size Units: Square Feet
Lot Size Acres: 0.1418
Lot Size Square Feet: 6175
Water Source: Well
Financial Details
Tax Assessed Value: $324,900
Tax Annual Amount: $10,256
Utilities Details
Cooling Type: None
Heating Type: Oil
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 676
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 12

    Dimensions

  • Lot Size Square Feet: 6,175
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,063
  • Building Area: 2,063
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,063
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PEEKSKILL
  • Land Acres: 0000000141
  • 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: 010902

Zoning

  • Zoning: LP

Geography

  • Account Number: 071200
  • District: 372800
  • Section: 83.65
  • Parcel: 372800 83.65-2-35
  • Block: 2
  • Lot: 35.000
  • Municipality: PUTNAM VALLEY
  • Latitude: 41.3414
  • Longitude: -73.8843

    Address

  • Full Address: 297 Lake Shore Rd
  • Address - House Number: 297
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Putnam Valley
  • Zip Code: 10579

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $298,303
  • Tax Rate Code Area: 372803

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 71
  • Final Value: 411,471
  • High Value: 497,516
  • Low Value: 325,427

    Market Valuation

  • Market Total Value: $303,500
  • Market Land Value: $81,900
  • Market Improvement Value: $221,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,500
  • Assessed Land Value: $81,900
  • Assessed Improvements Value: $221,600

    Sales

  • Current Sale Contract Date: Dec 06, 2016
  • Current Sale Recording Date: Dec 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1503302
  • Previous Sale Recording Date: Jul 15, 2005
  • Previous Sale Contract Date: Jul 01, 2005
  • Previous Sale Amount: $429,000
  • Previous Sale Document Type: 27
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:

$579,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2467 ft²

Average Home Age

58 years

Currently For Sale

281 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 1707 Marie Lane, Mohegan Lake, NY, 10547

$7,995 /mo

  • 4 Beds
  • 3 Baths
  • 3,360 ft²
1707 Marie Lane, Mohegan Lake, NY, 10547 Listing by Tulay Erdem
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 1970 E Main Street, Mohegan Lake, NY, 10547

$1,950 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
1970 E Main Street #APT1974, Mohegan Lake, NY, 10547 Listing by Jayne Morelock

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 297 Lake Drive built and last sold?
The property at 297 Lake Drive was built in 1945 and last sold on Dec 6, 2016 for $160,000.
How much is this home worth?
The estimated value of the home located at 297 Lake Drive is $718,387.
What are some comparable homes to 297 Lake Drive?
There are currently no comparable homes to 297 Lake Drive.
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