7 Closter Rd Palisades, NY 10964

Get Owner Info
4 beds · 2 baths · 1,866 sq ft · Lot Size: 12,197 sq ft · Single Family Home
Est. Property Value: $590,296

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

7 Closter Rd is in the 10964 neighborhood of Palisades, NY. It is located in Rockland County and ZIP code 10964. This Single Family Home was built in 1864 and is approximately 161 years old. The single family home spans 1866 sq ft with 4 bedrooms and 2 bathrooms and sits on a 12197 sq ft lot. According to public records, it was last sold in 2021 for $675,000 and has a tax-assessed value of $737,861, which is $316 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 7 Closter Rd Palisades, NY 10964 with Property Intel by Whitepages.

Owners & Occupancy for 7 Closter Rd

This property is owned by Philip P Lockwood. Owner contact information includes 2 phone numbers and 5 email addresses.

Property Owners

Cell Phone(845) ***-****View Cell Phone
Residence*************
Landline
Distance from Property**********
Email Address**********@yahoo.comView Email
Cell Phone(914) ***-****View Cell Phone
Residence*************
Landline
Distance from Property**********
Email Address*******@aol.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 40
Resident 2************
Resident 3**************** age 41

Property Financials for 7 Closter Rd

7 Closter Rd, Palisades, NY has a mortgage from Loandepot.com Llc (orig. June 15, 2021). The Rockland county assessment for 2023 values it at $737,861, with annual taxes of $20,152.

Mortgage & Equity Information

Loan Amount$******
LenderLoandepot.com Llc
Origination DateJune 15, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity
View Equity

Property Tax

Purchase DateJune 15, 2021
Property Tax Amount$20,152 in 2024
Purchase Price$675,000
Assessed Value$737,861 on 2023

Investment Potential for 7 Closter Rd

The property has a current estimated value of $590,296, which is 29% below the zip median, based on public records. It last sold on June 15, 2021 for $675K. Projected long-term
is $22,800 annually ($1,900 per month) with a 94% occupancy rate.

Discover more Single Family Homes in 10964.

Long-Term

Gross Rental
$22,800 per year($1,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 10964 zip code
 
View Rental Potential

Property Details for 7 Closter Rd

Property Details

Property Sq Ft

Living Area

1,866 sq ft

34% below market

Lot Size

12,197 sq ft

58% below market

Price Per Sq Ft

Living Area

$316 / sq ft

5% above market

Lot Size Area

$48 / sq ft

52% above market

Property condition, age, exterior, etc. for 7 Closter …
Longitude: -73.914291 Latitude: 41.012599 Parcel Number (APN): 392489-078-018-0001-055-000-0000…

Recommended Properties in 10964

Discover more single family homes near 7 Closter Rd in Palisades, New York. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 7 Closter Rd in Rockland County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$590,296
$358,873
$231,423 (64%)
YoY Price Change
Year Built
1864
1964
-100 years
Living Space
1,866 sq ft
2,207 sq ft
-341 (-15%)
$ Per Living Sq Ft
$316
$163
$153 (94%)
Lot Size
12,197 sq ft
20,473 sq ft
-8276 (-40%)
$ Per Lot Sq Ft
$48
$19
$30 (161%)

Net Operating Income
$21,431
-$26,099 (-122%)
Annual Revenue
$22,800
$38,400
-$15,600 (-41%)
$15,793
$11,675 (74%)
Net Operating Income
$21,431
-$26,099 (-122%)
Cap Rate
6.54%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

Find More Housing Markets Near Palisades