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Peekskill 10566
611 South Street
Photo of 611 South Street
Sold on Sep 10, 2025

26

Map

Photo of 611 South Street
Photo of 611 South Street
$500,000
● House - Off Market

611 South Street

Peekskill, NY 10566
bedrooms
2 Beds
bathrooms
1 Bath
square feet
940 Ft²
$3,508
Est. Monthly
5.12%
Cap Rate

About This Property

Two homes & one retail store .Financing available at Key Bank - Cortlandt Manor Owner Financing with 30% down also an option.This single-family house is sold as a package with 613 South St. (See - MLS # 6311801 ). The Package price is $600,000. This one, #611 South Street, is a single-family detached house. Both properties are sold " as is". The building next door, #613, is a mixed-use building with ground-level commercial space and a rental unit above.  Rents are below market. Being sold " as is". This is a great opportunity for the savvy investor. Have bigger aspirations-want to construct a new building using both of the lots?  Rent all as existing while you work on approvals for a completely new build. Tremendous potential. All rents are below market value. This is a 1 and 3/4-story building. 1st floor is the kitchen, dining room, living room, bedroom, and full bath. 2nd floor: bedroom and finished storage. There is also an unfinished basement for storage. 3/4 Attic for storage. Additional Information: HeatingFuel:Oil Below Ground,
Unit Size
940 Ft²
Days on Market
457 days
Land Size
0.09 acres
Price per sqft
$638
Property Type
House
Property Taxes
$561
HOA Dues
-
Year Built
-

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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 years ago (OneKey MLS #KEYH6311804)

Price History

Date / Event Date Event Price
Sep 10, 2025 Sold
Premium
Sold
Jan 29, 2025 In contract -
In contract
Nov 23, 2024 No longer available -
No longer available
Jul 31, 2024 Price Decreased $600,000
↓ $50K (7.7%)
Price Decreased
Jun 10, 2024 Listed by Howard Hanna Rand Realty $650,000
Listed by Howard Hanna Rand Realty
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,815
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 590
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000087
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Peekskill City School District
  • School Tax School District: PEEKSKILL
  • Census Tract: 014100

Geography

  • Account Number: 14.4-5-6./
  • District: 551200
  • Section: 32.12
  • Parcel: 551200 32.12-6-27.2
  • Block: 6
  • Lot: 27.002
  • Municipality: PEEKSKILL
  • Latitude: 41.2887
  • Longitude: -73.9256

    Address

  • Full Address: 611 South St
  • Address - House Number: 611
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: NY
  • City Name: Peekskill
  • Carrier Code: C035
  • 4-Digit Zip Code: 3211
  • Zip Code: 10566

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $662,058
  • Tax Rate Code Area: 551200

    Appraisal Valuation

  • Standard Deviation: 0.1873
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 342,811
  • High Value: 407,030
  • Low Value: 278,591

    Market Valuation

  • Market Total Value: $230,126
  • Market Land Value: $71,130
  • Market Improvement Value: $158,996

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,500
  • Assessed Land Value: $1,700
  • Assessed Improvements Value: $3,800

    Sales

  • Current Sale Contract Date: Dec 11, 2009
  • Current Sale Recording Date: Jan 12, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 0493550255
  • Previous Sale Recording Date: Apr 14, 2004
  • Previous Sale Contract Date: Oct 24, 2003
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 12
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 Peekskill

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1333 ft²

Average Home Age

68.7 years

Currently For Sale

62 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 212 Viewpoint Terrace, Peekskill, NY, 10566

$3,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,315 ft²
212 Viewpoint Terrace, Peekskill, NY, 10566 Listing by Nicholas Schunk
Unit for rent at 320 Simpson Place, Peekskill, NY, 10566

$3,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
320 Simpson Place, Peekskill, NY, 10566 Listing by Marlena Mucci
Unit for rent at 298 Highland Avenue, Peekskill, NY, 10566

$3,000 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
298 Highland Avenue, Peekskill, NY, 10566 Listing by Tana M. McGuire

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 611 South Street built and last sold?
The property at 611 South Street was built in and last sold on Dec 11, 2009 for $220,000.
How much is this home worth?
The estimated value of the home located at 611 South Street is $591,768.
What are some comparable homes to 611 South Street?
There are currently no comparable homes to 611 South Street.
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