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214 Walnut Road, Lake Peekskill, NY, 10537

2beds
1baths
832sqft
$249,999
$300price/sqft
$2,054/moest. monthly cost
$82,160/yrincome needed

About This Home

Calling all investors, contractors, and buyers looking for their next renovation project! This 2-bedroom, 1-bath cottage in the Lake Peekskill community offers tremendous potential and is ready for a complete transformation. Original character remains throughout, including a welcoming living room with a stone fireplace, a spacious formal dining room, original woodwork and seasonal water view. The large attic presents the opportunity to create additional living space, while the private, level backyard provides plenty of room for outdoor enjoyment. With vision and renovation, this property could become the perfect starter home, weekend retreat, or investment opportunity. Property is being sold as is. CASH DEAL ONLY.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

6/10
9/10
Putnam Valley High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • First Floor Bedroom,First Floor Full Bath
  • Flooring: Hardwood
  • Fireplace: Yes
  • Attic: None

Heating & Cooling

  • Heating features: Baseboard,Oil
  • Cooling features: None

Interior Area

  • Total structure area: 832
  • Total interior livable area: 832 sqft

Property

Details

  • Parcel number: 37280008308100010190000000
  • Special condition: None

Features

  • Levels: One
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Residential vegetation: Partially Wooded

Lot

  • Lot size: 0.29 Acres

Parking

  • Parking features: Driveway,Off Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather

FEMA Declared Disasters in Putnam County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,264$15,168
Home Insurance *$103$1,236
Property Taxes $441$5,292
Electricity $246$2,954
Total$2,054$24,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,422/yr
40% on housing$61,620/yr
45% on housing$54,773/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.8%
2.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$300This listing

vs Other Active Listings

Avg $/sqft

ZIP 10537$282
Putnam County$330

vs Homes Sold Last Month

Median $/sqft

ZIP 10537$323
Putnam County$318

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-26Listed for sale$249,999
2020-01-29Sold$120,000
2019-11-20Listed for sale$99,900
2019-11-19Sold$225,460
2019-10-23Price change$157,665
2019-10-22Price change$157,518
2019-10-20Price change$157,404
2019-10-19Price change$157,324
2019-10-17Price change$157,268
2019-10-15Price change$157,141
2019-10-14Price change$157,067
2019-10-11Price change$156,842
2019-10-09Price change$156,666
2019-10-06Price change$156,376
2019-10-05Price change$156,271
2019-10-03Price change$156,045
2019-10-01Price change$155,819
2019-09-29Price change$155,662
2019-09-27Price change$155,403
2019-09-26Price change$161,797
2019-09-24Listed for sale--
2010-12-10Listing removed$199,900
2010-11-13Price change$199,900
2010-06-24Price change$214,900
2010-05-20Listed for sale$225,000
2006-11-07Sold$225,000

For Sale by Agent

AgentJason Kerwar
BrokerageWilliam Raveis Real Estate

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