- 2
- beds
- 2
- baths
- 1,387
- sqft
- 1950
- year built
- Status:
- Active
- MLS #:
- 999121
- County:
- Putnam
- Listed By:
- Justin Tompkins - Tompkins Realty
- Office Phone:
- (914) 265-6699
- Agent Email:
- justin@tompkinsexcavating.com
Sponsoring Broker: Steven Domber, Berkshire Hathaway HomeServices Hudson Valley Properties
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.
Highlights
- Residential Income
- Duplex
- Built in 1950
- 0.1803 Acre Lot
- 185 days on Market
-
- Bedrooms
- 2
-
- Bathrooms
- 2
-
- Year Built
- 1950
-
- Construction Materials
- Vinyl Siding
-
- Parking Features
- Driveway
-
- Cooling
- Varies by Unit
-
- Heating
- Electric
-
- Basement
- Unfinished
-
- Acres
- 0.1803
-
- Water Front Features
- Waterfront Access
-
- Utilities
- Cable Available, Electricity Connected, Propane
-
- Water
- Private, Well
-
- County
- Putnam
-
- City
- Lake Peekskill
-
- Zip Code
- 10537
-
- High School
- Putnam Valley High School
-
- Middle School
- Putnam Valley Middle School
-
- Elementary School
- Putnam Valley Elementary School
-
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Price History
| 10/20/2026 | Price Changed | $539,000 |
| Source: OneKey MLS #999121 | ||
| 05/13/2026 | Listed | $549,000 |
| Source: OneKey MLS #999121 | ||
| 02/25/2022 | Off Market | — |
| Source: OneKey MLS #3378807 | ||
| 05/17/2022 | Sold | $405,000 |
| Source: OneKey MLS #L3378807 | ||
| 02/24/2022 | Listed | $399,999 |
| Source: OneKey MLS #L3378807 | ||
| 11/05/2017 | Off Market | — |
| Source: OneKey MLS #H4748430 | ||
| 04/25/2018 | Sold | $215,000 |
| Source: OneKey MLS #H4748430 | ||
| 11/05/2017 | Listed | $239,000 |
| Source: OneKey MLS #H4748430 | ||
| 05/23/2016 | Off Market | — |
| Source: OneKey MLS #H4623670 | ||
| 01/30/2017 | Sold | $182,500 |
| Source: OneKey MLS #H4623670 | ||
| 05/23/2016 | Listed | $199,900 |
| Source: OneKey MLS #H4623670 | ||
Source: MLS Data
Deed History
| 05/23/2022 | Bargain and Sale Deed | $405,000 |
| 05/04/2018 | Bargain and Sale Deed | $215,000 |
| 07/25/2012 | Bargain and Sale Deed | $5,010 |
| 11/28/2011 | Deed | $0 |
| 10/16/1996 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
| 10/16/1996 | Deed | $12,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 05/23/2022 | Coventional | $344,250 |
| 05/04/2018 | FHA | $211,105 |
| 02/10/2017 | Coventional | $146,000 |
Source: Public records via Constellation Data Labs
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 20 Melnick Pl?
Click Ask a Question to talk with our team. You already know it is a 2 bed, 2 bath, listed for $539,000. We can talk through recent upgrades, potential seller motivation, how this duplex compares to others in Lake Peekskill, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 20 Melnick Pl?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 20 Melnick Pl at around $4,155. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 20 Melnick Pl?
In most cases, yes. Whether 20 Melnick Pl is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lake Peekskill's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $539,000 with 1,387 sqft of space—that comes out to approximately $389 per square foot.
How long has this property been on the market?
20 Melnick Pl was listed on May 13, 2026, which means it's been on the market for 185 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1950, making it approximately 76 years old.
What is the lot size of this property?
20 Melnick Pl sits on a 0.18-acre lot, which is 7,841 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Putnam Valley Elementary School
- Middle: Putnam Valley Middle School
- High: Putnam Valley High School
Want to see how these schools compare? Check out our Putnam County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 20 Melnick Pl?
The most recent public record shows annual property taxes for 20 Melnick Pl were approximately $13,047. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 20 Melnick Pl still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.
Last Updated: November 14, 2026 at 02:13AM | Source: OneKey MLS | MLS#: 999121
