by RH Advisors

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Putnam
55 Morrissey Drive
$369,000
● House - For Sale

55 Morrissey Drive

Putnam Valley, NY 10537
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,584 Ft²
$2,590
Est. Monthly

About This Property

Looking for your piece of the American Dream at a fraction of what many homes are selling for today? Look no further.

This two-bedroom, one-bath home offers additional finished living space in the basement, currently being utilized as a third bedroom, with additional space that could be ideal for a second family room, home office, recreation area, or flexible living space.

Currently tenant-occupied, the property offers the opportunity to purchase as a primary residence or consider its potential as an income-producing investment. For buyers looking to make a home their own, some cosmetic updates and TLC could go a long way toward unlocking its full potential. Investors may appreciate the opportunity to add a rental property in a convenient commuter-friendly location to their portfolio.

Enjoy suburban living while maintaining convenient access to New York City. The home is positioned near the Taconic State Parkway and Metro-North train service, providing multiple options for commuters. Everyday conveniences are also close by, including a neighborhood deli, restaurants, schools, and area lakes.

The photos show the possibilities. Bring your vision, make the improvements that suit your style, and create a home that works for you.

With home prices continuing to challenge affordability throughout the region, opportunities at this price point and in a location with access to major roadways and public transportation deserve attention.

Whether you're looking for a place to call home or an investment opportunity, this property offers flexibility, location, and potential. Come see what you can create here.
Unit Size
1,584 Ft²
Days on Market
48 days
Land Size
0.09 acres
Price per sqft
$233
Property Type
House
Property Taxes
$777
HOA Dues
-
Year Built
1945

Listed By

ANESHA NESBITT
HOMESMART HOMES AND ESTATES MG

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Last updated: 2 months ago (OneKey MLS #KEY1054613)

Price History

Date / Event Date Event Price
Sep 22, 2026 Listed by eXp Realty $369,000
Listed by eXp Realty
Feb 5, 2016 Sold
Sold
Nov 27, 2015 Sold
Sold
Nov 12, 2015 Listed by eXp Realty $69,900
Listed by eXp Realty

Property Highlights

Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Interior Features: First Floor Bedroom
Appliances: Dryer, Oven, Refrigerator, Washer
Rooms: 6
Basement: Finished, Full
Exterior Details
Square Footage: 1584
Square Footage Source: $0
Architectural Style: A-Frame, Craftsman, Other, Ranch, Carriage House, Cottage
Year Built: 1945
Building Area Units: Square Feet
Construction Materials: Wood Siding
Lot Size Area: 4120
Lot Size Units: Square Feet
Lot Size Acres: 0.0946
Lot Size Square Feet: 4120
Water Source: Public
Financial Details
Tax Assessed Value: $295,500
Tax Annual Amount: $9,328
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Electric
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,120
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 400
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000094
  • 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: CC2

Geography

  • Account Number: 018050
  • District: 372800
  • Section: 83.82
  • Parcel: 372800 83.82-2-7
  • Block: 2
  • Lot: 7.000
  • Municipality: PUTNAM VALLEY
  • Latitude: 41.3377
  • Longitude: -73.8781

    Address

  • Full Address: 55 Morrissey Dr
  • Address - House Number: 55
  • Address - Street Name: Morrissey
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Lake Peekskill
  • Carrier Code: R082
  • 4-Digit Zip Code: 1220
  • Zip Code: 10537

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $848,516
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 372803

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 367,756
  • High Value: 431,951
  • Low Value: 303,561

    Market Valuation

  • Market Total Value: $273,600
  • Market Land Value: $73,900
  • Market Improvement Value: $199,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,600
  • Assessed Land Value: $73,900
  • Assessed Improvements Value: $199,700

    Sales

  • Current Sale Contract Date: Jan 26, 2016
  • Current Sale Recording Date: Feb 05, 2016
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1500355
  • Previous Sale Recording Date: Nov 27, 2015
  • Previous Sale Contract Date: Oct 26, 2015
  • Previous Sale Amount: $357,297
  • Previous Sale Document Type: 59
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Putnam


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Unit for rent at 39 Helena Avenue, Mohegan Lake, NY, 10547

$2,800 /mo

  • 2 Beds
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39 Helena Avenue #1, Mohegan Lake, NY, 10547 Listing by John Quartararo


Frequently Asked Questions

When was property at 55 Morrissey Drive built and last sold?
The property at 55 Morrissey Drive was built in 1945 and last sold on Jan 26, 2016 for $80,000.
How much is this home worth?
The estimated value of the home located at 55 Morrissey Drive is $404,412.
What are some comparable homes to 55 Morrissey Drive?
There are currently no comparable homes to 55 Morrissey Drive.