525 N Division Street, Peekskill, NY, 10566 | $525,000

A True Treasure in Historic Peekskill! Nestled into a picturesque hillside, this tri-level Colonial-style home in Peekskill combines vintage charm and modern amenities for an idyllic lifestyle experience. Built in 1920, the lovely brick and clapboard residence has been renovated numerous times since then. Just a few blocks from Main Street and the Downtown Historic District, the property is also close to the Hudson River. Living, dining, and cooking areas are at the second level with windows on all four sides. Refinished original wide-plank floors, exposed beams, and French doors leading out to multiple patios all lend to a unique allure. The open gourmet kitchen with stone counters and stainless steel appliances offers an extraordinary culinary setting. An airy dining room features windows wrapping around three sides, creating a sunroom-like ambience with stellar views. Also at this level is a renovated full bath with exposed beam ceilings and a walk-in shower. There are two spacious bedrooms at the top level, each with sunny exposures on two sides. One bedroom has overhead beams and an exposed brick corner accent, while the other bedroom has been opened to the attic, creating an additional whimsical multipurpose loft space. At the lowest level is a large foyer and living area, a third bedroom that is currently used as an office, a full bath with exposed brick walls, and a new high efficiency washer and dryer. Private outdoor spaces are integral to the appeal, with multiple patios including the rooftop of the garage, plus a back porch and a terraced backyard with stone steps. Trees have been removed and trimmed for additional sunlight, and fruit plants can be found throughout, with grapes, kiwis, raspberries, and an established strawberry bed. Invite friends and family over to your magical oasis! 2024 improvements include refinished floors, carpeted stairs and loft, SS chimney lining, and several replacement windows. The furnace and hot water heater were recently replaced, and ductless A/C adds to the summertime comfort. One of the bedrooms has been successfully rented through Airbnb, adding a potential income source. And while property taxes are $9, 728. 79, that doesn’t include the STAR credit which can significantly reduce future payments. Described in the New York Times as an “Artist’s Paradise on the Hudson River, ” Peeksville is celebrated for its studios and galleries, sidewalk cafes, a farmers market, a storied waterfront, and verdant greenspaces. The local Metro-North Hudson Line offers easy commuter access. The welcoming vibe and rich history make this Westchester County community a true treasure. Welcome home! Additional Information: HeatingFuel: Oil Above Ground, ParkingFeatures: 1 Car Detached,

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Colonial
  • Year Built: 1920
  • Heating: Oil, Baseboard, Hot Water
  • Cooling: Ductless
  • Basement: None
  • Approx Sq. Feet: 1,650
  • Acreage: 0.13
  • Est. Taxes: $9,729
  • Middle School: Peekskill Middle School
  • High School: Peekskill High School
  • School District: Peekskill
  • Appliances: Oil Water Heater
  • MLS#: H6333011
  • Days on Market: 46 days
  • Website: https://www.raveis.com
    /prop/H6333011/525ndivisionstreet_peekskill_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Bizzarro Agency, LLC   Phone: 917-979-2259

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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525 N Division Street, Peekskill, NY, 10566

$525,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $420,000 $420,000 $420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 7.133% 6.256%
Monthly Tax Payment $811 $811 $811
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,830 $2,791 $3,542
Total Monthly Payment $3,733 $3,694 $4,445

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.