500 Nelson Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Listed by Houlihan Lawrence, Inc | $575,000 | |
| Listed by Houlihan Lawrence, Inc | |||
| |||
|
Welcome to Fort Hill House, a picture-perfect circa 1923 Craftsman-style house on a quiet corner in Peekskill's Nelson Avenue–Fort Hill Historic District. Situated just one hour north of New York City, this charming home offers two full floors of original character, thoughtful updates, and a backyard that rewards every season.
The covered front porch opens to a gracious entry and a living room anchored by a working fireplace with its original mantel. Coffered ceilings and wide hardwood floors carry through both levels, and cohesive wood trim and original millwork give the home a quiet architectural integrity. The sun-filled formal dining room connects to a renovated kitchen with pantry and half bath. The upper level has three bedrooms, one with a generous walk-in closet, and a beautifully renovated full bathroom with soaking tub and handsome tilework. A new washer and dryer complete the upper floor, and new windows were installed in 2024.
Outside, the dual-level backyard is among the most considered in the neighborhood. A broad bluestone patio anchors the lower level, with ivy-covered steps rising to a fire pit terrace and grassy upper area, partially shaded and opening to panoramic hilltop views. A detached two-car garage and off-street parking sit at the back of the property. The gardens have been planted with care: black-eyed susan, coneflower, milkweed, stonecrop, allium, and four hydrangeas, including a hydrangea tree, fill the back garden alongside strawberry, rosemary, and thyme. A row of peonies line the fence, lilac bushes frame the front and side of the house, and a pink dogwood explodes with color each spring.
Peekskill's Fort Hill neighborhood sits one block from historic Fort Hill Park, and steps from the Paramount Hudson Valley Theater, Riverfront Green, and a walkable downtown with cafés and restaurants that have made the city one of the Hudson Valley's most vibrant and peaceful communities. With the Peekskill Metro-North station five minutes away and Grand Central Terminal just over an hour by train, Fort Hill House delivers historic character and exceptional outdoor living with an easy connection to the city.
| |||
| Oct 26, 2018 | Sold | ||
| Sold | |||
| Aug 25, 2018 | Listed by Houlihan Lawrence Inc. | $374,000 | |
| Listed by Houlihan Lawrence Inc. | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017