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Putnam
581 Peekskill Hollow Road
$365,000
● House - Off Market

581 Peekskill Hollow Road

Putnam Valley, NY 10579
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$412,019
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Once Upon a Time (1800's) this charming Cottage was the Putnam Valley Tompkins Schoolhouse. Fast forward to today... is an adorable 2 BR home that exudes the character and charm of yesterday. It sits on Peekskill Hollow Rd which is one of Putnam Valley's most scenic routes. This home has a delightful Front Porch, Updated Kitchen and Bath, Stone FPL, HW floors and newer windows. There is a small den upstairs that can be versatile space. The detached 1 car garage is finished and can be used as a studio or whatever your heart desires. Easy access to the Taconic State Pkwy. You will fall in love!! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,
Unit Size
1,100 Ft²
Days on Market
169 days
Land Size
6.09 acres
Price per sqft
$336
Property Type
House
Property Taxes
$713
HOA Dues
-
Year Built
1820

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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: 6 months ago (OneKey MLS #KEYH6120338)

Price History

Date / Event Date Event Price
Feb 8, 2022 Sold
Premium
Sold
Nov 23, 2021 Sold
Premium
Sold
Oct 7, 2021 In contract -
In contract
Jul 23, 2021 Relisted $369,500
Relisted
Jun 1, 2021 Listed by William Raveis Real Estate $369,500
Listed by William Raveis Real Estate
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1820
  • Effective Year Built: 1820
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 265,280
  • Lot Size Frontage Feet: 4,489
  • Total Building Area: 900
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 900
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006090
  • 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: 011000

Zoning

  • Zoning: R3

Geography

  • Account Number: 205700
  • District: 372800
  • Section: 63.00
  • Parcel: 372800 63.-2-2.1
  • Block: 2
  • Lot: 2.001
  • Municipality: PUTNAM VALLEY
  • Latitude: 41.3844
  • Longitude: -73.8187

    Address

  • Full Address: 581 Peekskill Hollow Rd
  • Address - House Number: 581
  • Address - Street Name: Peekskill Hollow
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Putnam Valley
  • Carrier Code: R006
  • 4-Digit Zip Code: 2737
  • Zip Code: 10579

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $882,912
  • Tax Rate Code Area: 372803

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 556,826
  • High Value: 638,589
  • Low Value: 475,063

    Market Valuation

  • Market Total Value: $345,800
  • Market Land Value: $87,200
  • Market Improvement Value: $258,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,800
  • Assessed Land Value: $87,200
  • Assessed Improvements Value: $258,600

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Feb 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1404
  • Previous Sale Recording Date: Nov 28, 2011
  • Previous Sale Contract Date: Nov 17, 2011
  • Previous Sale Amount: $205,000
  • 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:

$588,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2348 ft²

Average Home Age

59.6 years

Currently For Sale

274 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 100 Dunderberg Road, Putnam Valley, NY, 10579

$3,275 /mo

  • 2 Beds
  • 1 Bath
  • 880 ft²
100 Dunderberg Road, Putnam Valley, NY, 10579 Listing by Bridgette Bacon
Unit for rent at 299 Peekskill Hollow Road, Putnam Valley, NY, 10579

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 2,901 ft²
299 Peekskill Hollow Road #SECONDFLOOR, Putnam Valley, NY, 10579 Listing by Emiliano D. Perez-Arriaga

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 581 Peekskill Hollow Road built and last sold?
The property at 581 Peekskill Hollow Road was built in 1820 and last sold on Nov 23, 2021 for $365,000.
How much is this home worth?
The estimated value of the home located at 581 Peekskill Hollow Road is $373,195.
What are some comparable homes to 581 Peekskill Hollow Road?
There are currently no comparable homes to 581 Peekskill Hollow Road.
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