611 Peekskill Hollow Rd · Jefferson Valley-Yorktown, NY 10579

$485,000

4 bd · 2.5 ba · 2,739 sqft · SingleFamily public records · 23 Days on market

Built 1835 6.17 ac lot Est $679k · 29% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• Cash flow +6.8/30.0
• Schools +6.5/10.0
• 1% rule +4.3/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.0/10.0

Listing remarks MLS

Surround yourself in old world charm in this incredible antique farmhouse colonial. Truly enjoy the rocking chair front porch while surrounded by over 6 acres of property. Grand entry hall welcomes you to this home of a bygone era. A large center island with granite counter highlights the kitchen with modern amenities. The elegant dining room features built-ins and a back staircase to second level. On the first level you will find a cozy living room with fireplace, family/playroom now used as 5th bedroom, plus an office. The second level features a large master bedroom with high, beamed ceilings, 3 additional bedrooms, laundry area, two full baths and access to the spacious walk up attic. A detached garage also offers additional storage. Beautiful countryside grounds surround this home for your enjoyment. Must see floor plans in photos. Conveniently located just 1 mile from Taconic State Parkway and an hour to NYC. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,

Key facts

• 6.17 acre lot
• Garage
• Built 1835

Property features AI

Exterior

• Parking: Detached garage; 1 garage space; No carport
• Utilities: Septic tank; Electricity connected; Private trash collection
• Home design: Single family residence
• Construction: Construction materials: Unknown
• Exterior features: Not waterfront

Interior

• Kitchen: Appliances: Other
• Bedrooms: Total rooms: 7
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Oil heating; Wall/window cooling units
• Interior features: First-floor bedroom; Dormer attic; Unfinished basement

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $485k.

Deal economics

• At list price, monthly cash flow is $-754 ($-9k/yr) — negative.
• To cash-flow at today's rent, offer at most $379k (21.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $452k (6.8% below list).
• Recommended offer: $379k (21.9% below list) — sets the bar for cash-flow.
• Cap rate 4.4% vs local median 2.8% in Jefferson Valley-Yorktown — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Putnam Valley Central School District (suburban): math 73% / reading 71% proficiency, ranked #91 of 590 in NY (top 15%) — strong family-tenant draw, lease renewals of 3-5y typical; only 12% free/reduced lunch — higher-income household profile.
• Zoned schools: Putnam Valley Elementary School (math 87% / reading 82%, grade A+, #93 of 2,108 statewide, top 6%, 554 students, 19% FRL); Putnam Valley Middle School (math 57% / reading 65%, grade B+, #150 of 729 statewide, top 21%, 473 students, 17% FRL); Putnam Valley High School (math 92% / reading 24%, grade C, #879 of 1,100 statewide, top 80%, 503 students, 23% FRL).
• Market conditions: 54 active listings in the ZIP; 142 units permitted in Putnam County in 2024 (75 in 5+ unit buildings).

Forward outlook

• In year one you build about $52k of equity ($3k loan paydown + $48k appreciation (10.0% local appreciation)).
• Putnam County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• By year 2, paydown + projected appreciation supports a ~$83k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($478k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 25y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 3.9% of price; built in 1835 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $378,885 (21.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1835 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.93% ✗
• Cap rate: 4.43%
• Cash-on-cash: -6.66%
• DSCR: 0.70
• GRM: 8.9

CMA / ARV

• ARV (on-the-fly): $679,272
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
611 Peekskill Hollow Rd	0.00mi	4/2.5	2,739 (0%)	0mo	$490,000	$179	100
650 Peekskill Hollow Rd	0.32mi	4/2.5	3,074 (+12%)	8mo	$570,000	$185	59
667 Peekskill Hollow Rd	0.49mi	3/3.0 (-1)	2,786 (+2%)	23mo	$690,000	$248	48
542 Peekskill Hollow Rd	0.63mi	3/3.0 (-1)	2,508 (-8%)	9mo	$725,000	$289	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.6%
• Equity multiple: 2.60×
• Total profit: $216,801
• Equity at exit: $436,926

10-year hold

• IRR: 18.1%
• Equity multiple: 5.99×
• Total profit: $677,521
• Equity at exit: $942,248

Cash invested: $135,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 10579

• Home prices YoY: 4.0%
• Active inventory: 54
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $4,519 medium
• Mortgage (P&I): −$2,543
• Tax from tax record: −$1,579 /mo · $18,944/yr
• Insurance: −$202
• HOA: −$0
• Vacancy / Maint / Mgmt: −$949
• Net cashflow: $-754

Break-even live

Break-even rent $5,474

Max offer price $378,885

Occupancy floor —

Sensitivity live

Price	-10% $-479	-5% $-617	+0% $-754	+5% $-891	+10% $-1,028
Rent	-10% $-1,111	-5% $-932	+0% $-754	+5% $-575	+10% $-397
Rate	-1.0pp $-510	-0.5pp $-630	base $-754	+0.5pp $-879	+1.0pp $-1,007

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $121,250
• Closing costs: $14,550
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-04-09
   status Pending
2. 2026-03-18
   listed $485,000 Active
3. 2026-03-05
   historical $485,000
4. 2021-05-07
   soldstatus $525,000
5. 2021-01-29
   soldstatus $525,000 Closed 1014-char remark

   Show marketing remark (1014 chars)

   Surround yourself in old world charm in this incredible antique farmhouse colonial. Truly enjoy the rocking chair front porch while surrounded by over 6 acres of property. Grand entry hall welcomes you to this home of a bygone era. A large center island with granite counter highlights the kitchen with modern amenities. The elegant dining room features built-ins and a back staircase to second level. On the first level you will find a cozy living room with fireplace, family/playroom now used as 5th bedroom, plus an office. The second level features a large master bedroom with high, beamed ceilings, 3 additional bedrooms, laundry area, two full baths and access to the spacious walk up attic. A detached garage also offers additional storage. Beautiful countryside grounds surround this home for your enjoyment. Must see floor plans in photos. Conveniently located just 1 mile from Taconic State Parkway and an hour to NYC. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,

6. 2020-12-02
   status Pending 1014-char remark

   Show marketing remark (1014 chars)

   Surround yourself in old world charm in this incredible antique farmhouse colonial. Truly enjoy the rocking chair front porch while surrounded by over 6 acres of property. Grand entry hall welcomes you to this home of a bygone era. A large center island with granite counter highlights the kitchen with modern amenities. The elegant dining room features built-ins and a back staircase to second level. On the first level you will find a cozy living room with fireplace, family/playroom now used as 5th bedroom, plus an office. The second level features a large master bedroom with high, beamed ceilings, 3 additional bedrooms, laundry area, two full baths and access to the spacious walk up attic. A detached garage also offers additional storage. Beautiful countryside grounds surround this home for your enjoyment. Must see floor plans in photos. Conveniently located just 1 mile from Taconic State Parkway and an hour to NYC. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,

7. 2020-10-21
   listed $549,900 Active 1014-char remark

   Show marketing remark (1014 chars)

   Surround yourself in old world charm in this incredible antique farmhouse colonial. Truly enjoy the rocking chair front porch while surrounded by over 6 acres of property. Grand entry hall welcomes you to this home of a bygone era. A large center island with granite counter highlights the kitchen with modern amenities. The elegant dining room features built-ins and a back staircase to second level. On the first level you will find a cozy living room with fireplace, family/playroom now used as 5th bedroom, plus an office. The second level features a large master bedroom with high, beamed ceilings, 3 additional bedrooms, laundry area, two full baths and access to the spacious walk up attic. A detached garage also offers additional storage. Beautiful countryside grounds surround this home for your enjoyment. Must see floor plans in photos. Conveniently located just 1 mile from Taconic State Parkway and an hour to NYC. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,

8. 2002-05-20
   soldstatus $385,000
9. 2002-04-11
   soldstatus $385,000 271-char remark

   Show marketing remark (271 chars)

   Incredible Antique Farmhouse In Excellent Condition. New Main Roof In 1996, Porch And Front Roof 2000, Total New Septic In 1999. New Oil Tank In Basement 2000.Exterior Painted In 2000. Plenty Storage. 2 Story 1.5 Car Detached Garage. Only 1 Mile To Taconic State Parkway.

10. 2002-02-25
    historical 271-char remark

    Show marketing remark (271 chars)

    Incredible Antique Farmhouse In Excellent Condition. New Main Roof In 1996, Porch And Front Roof 2000, Total New Septic In 1999. New Oil Tank In Basement 2000.Exterior Painted In 2000. Plenty Storage. 2 Story 1.5 Car Detached Garage. Only 1 Mile To Taconic State Parkway.

11. 2002-02-25
    price $395,000 271-char remark

    Show marketing remark (271 chars)

    Incredible Antique Farmhouse In Excellent Condition. New Main Roof In 1996, Porch And Front Roof 2000, Total New Septic In 1999. New Oil Tank In Basement 2000.Exterior Painted In 2000. Plenty Storage. 2 Story 1.5 Car Detached Garage. Only 1 Mile To Taconic State Parkway.

12. 2002-02-01
    listed $385,000 271-char remark

    Show marketing remark (271 chars)

    Incredible Antique Farmhouse In Excellent Condition. New Main Roof In 1996, Porch And Front Roof 2000, Total New Septic In 1999. New Oil Tank In Basement 2000.Exterior Painted In 2000. Plenty Storage. 2 Story 1.5 Car Detached Garage. Only 1 Mile To Taconic State Parkway.

13. 2002-01-31
    historical
14. 2001-12-15
    historical
15. 2001-10-22
    listed
16. 2001-08-22
    listed
17. 2001-07-02
    historical
18. 2001-04-02
    listed
19. 1987-06-01
    soldstatus $352,110
20. 1976-12-20
    soldstatus $75,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $18,944 · $1,579/mo
• Projected year-2 tax: $18,944 · $1,579/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 4/10 Moderate 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 16% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $54,234
• − Mortgage interest: −$27,168
• − Property taxes: −$18,944
• − Insurance: −$2,425
• − Repairs & maintenance: −$4,339
• − Management: −$4,339
• − Depreciation: −$14,109
• Taxable loss: −$17,090
• Est. tax savings @ 24.0%: +$4,102
• After-tax cash flow: $-4,944/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Putnam Valley Central School District
• NCES district ID: 3624000
• Math proficiency: 73% ▬ 0.00%
• Reading proficiency: 71% ▲ 6.00%
• Median HH income: $94,086
• Composite: 65.26/100
• National rank: #491
• State rank: #91 of 590 in NY

Livability — Jefferson Valley-Yorktown

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• City population: 323
• Population (ZIP): 8,825

Population outlook (Putnam County) Hauer SSP2

• Today (2025): 99,705 people
• By 2030: 99,650 · -0.1%
• By 2040: 98,641 · -1.1%
• By 2050: 96,348 · -3.4%
• By 2075: 94,412 · -5.3%
• By 2100: 88,728 · -11.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 16% Two or more races 6% Asian 3% Black 2%
• Hispanic origin (detail): Puerto Rican 8%
• Common ancestry: Iranian 3% Romanian 3% Italian 2%
• Foreign-born: 10% · Canada
• Languages at home: 83% English-only · Spanish 9% Arabic 3% Other Indo-European 2%

Political lean MEDSL · Putnam

• 2024 margin: R (+13.7) · D 43.2% · R 56.8%
• 2008→2024 swing: -6.2pp toward R · 2008: -7.5pp · 2024: -13.7pp
• All cycles: 2024: R+13.7 2020: R+7.9 2016: R+17.8 2012: R+11.2 2008: R+7.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 10.42%
• Current HPI: 269.3211
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+546.7% since first listed

20 events — show timeline

• 2026-04-09 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-03-18 Listed $485,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-05 Coming Soon $485,000 OneKey® MLS as Distributed by MLS Grid
• 2021-05-07 Sold (Public Records) $525,000 Public Records
• 2021-01-29 Sold (MLS) $525,000 OneKey® MLS as Distributed by MLS Grid
• 2020-12-02 Pending — OneKey® MLS as Distributed by MLS Grid
• 2020-10-21 Listed $549,900 OneKey® MLS as Distributed by MLS Grid
• 2002-05-20 Sold (Public Records) $385,000 Public Records
• 2002-04-11 Sold (MLS) $385,000 HGMLS
• 2002-02-25 Price Changed $395,000 HGMLS
• 2002-02-25 Delisted — HGMLS
• 2002-02-01 Listed $385,000 HGMLS
• 2002-01-31 Delisted — HGMLS
• 2001-12-15 Delisted — HGMLS
• 2001-10-22 Listed — HGMLS
• 2001-08-22 Listed — HGMLS
• 2001-07-02 Delisted — HGMLS
• 2001-04-02 Listed — HGMLS
• 1987-06-01 Sold (Public Records) $352,110 Public Records
• 1976-12-20 Sold (Public Records) $75,000 Public Records

Property tax history

+11.5%/yr

Latest (2025): $18,944 · +2.8% YoY. Source: county tax records.