20 Melnick Place,Lake Peekskill, NY 10537
Lake Peekskill, NY 10537
Description
Rare opportunity to own a turn key legal two-family home in the highly sought-after Putnam Valley School District! Whether you’re an investor looking for strong cash flow or an owner-occupant hoping to offset your mortgage with rental income, this property offers exceptional flexibility and value. Currently generating approximately $5,000 per month in rental income, this is a unique investment opportunity in an area where legal two-family homes are rarely available. Both 1 bedroom units have been completely renovated and lives like a 2-bedroom, 1-bath apartment with updated finishes throughout. The property features plenty of off-street parking, a large backyard, and the added privacy of having no neighbors directly behind the home. Enjoy lake rights to beautiful Lake Peekskill while being conveniently located near shopping, parks, and commuter routes. Whether you are looking to expand your portfolio or create the perfect owner-occupied setup, 20 Melnick Place offers an incredible combination of income potential, privacy, and location within the desirable Putnam Valley School District.
Details
| MLS # | 999121 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1950 |
| Days On Site | 102 |
| Listing Provided By | Tompkins Realty | Justin Tompkins |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,387 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.18 |
Interior
| Cooling | Varies by Unit |
|---|---|
| Heating | Electric |
| Interior Features | First Floor Bedroom, First Floor Full Bath |
Exterior
| Construction Materials | Vinyl Siding |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
Utilities
| Utilities | Cable Available, Electricity Connected, Propane |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 413300 |
| Tax Annual Amount | 13046.53 |
Area Information
| State | NY |
|---|---|
| County | Putnam County |
| City | Lake Peekskill |
| Zip Code | 10537 |
| School District | Putnam Valley High School |
| Elementary School | Putnam Valley Elementary School |
| High School | Putnam Valley High School |
| Listing VS Median (in 10537) | |
Price: $549,000 low | high Med: $469,000 sqft: 1,387 low | high Med: 1,363 $ / sqft: $396 low | high Med: $344 On site: 102 low | high Med: 102 | |
Market Activity 10537
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Learn More About This Property
| State | NY |
|---|---|
| County | Putnam County |
| City | Lake Peekskill |
| Zip Code | 10537 |
| School District | Putnam Valley High School |
| Elementary School | Putnam Valley Elementary School |
| High School | Putnam Valley High School |
| Listing VS Median (in 10537) | |
Price: $549,000 low | high Med: $469,000 sqft: 1,387 low | high Med: 1,363 $ / sqft: $396 low | high Med: $344 On site: 102 low | high Med: 102 | |
