by RH Advisors

See Home Value
Peach Lake 10509
8 Terrace Drive
$380,000
● House - Off Market

8 Terrace Drive

North Salem, NY 10509
bedrooms
2 Beds
bathrooms
1 Bath
square feet
880 Ft²
$3,066
Est. Monthly
$740
HOA / Fees
6.88%
Cap Rate

About This Property

Lake Living! Soak up the beauty and lifestyle with your very own dream retreat in the highly sought-after Lake Community of Vails Grove Located within the North Salem School District, this charming 3-level home features two-bedrooms, one-bathroom, The main living area is an open concept which includes a wonderful cozy kitchen with ample storage, Spacious living room with vaulted ceiling and  a dining area. Upstairs features 2 nice sized bedrooms. Enjoy warm hardwood floors throughout both levels. Off the kitchen, exit out the back door to a lovely stone alcove patio that's ready for all your outdoor entertainment. The basement offers additional storage and more possibilities, Shed storage & plenty of parking.

Dive into Lake Life with activities like motor boating, Jet skiing, fishing, waterskiing, kayaking, canoeing, and a sandy beach with life guards all season, In the winter, delight in activities like ice fishing, snowshoeing, ice hockey, snowmobiling, and speed skating. Vails Grove offers outstanding amenities including lake views, lake rights, docking rights, a lifeguard-attended beach, a playground, basketball courts, and a pavilion area-all within a quick walking distance. Vails has a CO-OP Association that owns the land and fees are billed quarterly. The community is also surrounded by three prestigious country clubs: Pehquenakonck Country Club, Salem Golf Club, and Vails Grove Golf Course. Don't miss out on the opportunity to call this lakeside paradise your own!

Additional Information: Amenities: Boat Storage and possible tennis & pickle courts coming soon.

Conveniently Close to All! Schools, highways, shopping, golfing, horse farms, Metro-North & More!
Unit Size
880 Ft²
Days on Market
112 days
Land Size
-
Price per sqft
$453
Property Type
House
Property Taxes
$367
HOA Dues
$740
Year Built
1930

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Cap Rate Calculator

Last updated: 2 years ago (OneKey MLS #KEY836036)

Price History

Date / Event Date Event Price
Jul 7, 2025 Sold
Sold
May 15, 2025 In contract -
In contract
Mar 17, 2025 Listed by Coldwell Banker Realty $399,000
Listed by Coldwell Banker Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 240
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 880
  • Building Area: 880
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 880
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: North Salem Central School District
  • School Tax School District: NORTH SALEM
  • Census Tract: 015000

Geography

  • Account Number: 56900
  • District: 554000
  • Section: 7.00
  • Parcel: 554000 7.-1769-1..4
  • Block: 1769
  • Lot: 1.000
  • Municipality: NORTH SALEM
  • Latitude: 41.3628
  • Longitude: -73.5728

    Address

  • Full Address: 8 Terrace Dr
  • Address - House Number: 8
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Brewster
  • Carrier Code: R002
  • 4-Digit Zip Code: 1708
  • Zip Code: 10509

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $0
  • Tax Rate Code Area: 554001

    Appraisal Valuation

  • Standard Deviation: 0.1873
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 242,609
  • High Value: 288,057
  • Low Value: 197,160

    Market Valuation

  • Market Total Value: $120,900
  • Market Improvement Value: $120,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,900
  • Assessed Improvements Value: $120,900

    Exemptions

  • Homeowner Exemption: Yes
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 Peach Lake


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Frequently Asked Questions

When was property at 8 Terrace Drive built and last sold?
The property at 8 Terrace Drive was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Terrace Drive is $0.
What are some comparable homes to 8 Terrace Drive?
There are currently no comparable homes to 8 Terrace Drive.