SALE PRICE - 180K down payment

20k 2 year deffered payment to pay for septic

ARV - 350K

REPAIRS - 60K

💰 PROFIT MARGIN - 80K+

VIDEO TOUR LINK:

https://app.homejab.com/property/view/8-evanston-ave-west-milford-nj-07480-usa

Investment Highlights:

📝 Assignment Fee: 10K Included In The Asking Price

🏠 Property Type: Single-Family Home

🛏️ Bedrooms: 3

🛁 Bathrooms: 1

📐 Square Footage: Approximately 976 SqFt | LOT SIZE 7,405 SqFt

📊 ROI Potential: High

🏢 Rental Income: Attractive

AIR BNB

📍 Location: West Milford stands apart as a rare haven of ecological preservation within the New York Metropolitan region, maintaining its native splendor and pristine condition. This enchanting locale is home to a variety of natural plants, majestic trees and scenic mountains.

This property is brimming with untapped possibilities as it is conveniently situated next to a stunning lake, within a secluded enclave offering picturesque views and abundant foliage. This presents an ideal opportunity to construct a cozy residence for a dream home, serene vacation home or a profitable Air BNB venture!

*THIS PROPERTY NEEDS NEW SEPTIC I AM CURRENTLY AFTER GETTING SEVERAL QUOTES SELLER AGREED TO A 2 YEAR DEFFERED PAYMENT OF 20K TO OFFSET EXPENSE FROM SEPTIC COST.

20K WITH A BALLON DATE OF 2 YEARS WITH 4% ANUAL INTEREST.

I HAVE 3 QUOTES AVAILABLE FOR SEPTIC.

📌 Vacant

⚡ Lake Side Property with private dock / overwater backyard patio!

⚡ Potential Cash Flow Machine for Air BNB business!!

⚡ Flexibility to convert this property into many possibilities!!

⚡ What will it rent for STR/LTR?

*THIS IS A AIRBNB MONSTER YOU CAN EASILY GET $3000 PER WEEK AND HIGHER IN THE SUMMERTIME!*

STR - $2,500 - $5000 PER WEEK / SEASON DEPENDANT

LTR- $3500 PM

Act quickly, as opportunities like this tend to be snatched up quickly!! Don't miss out on this incredible deal!!!

SALES COMPS & DATES:

140 Otterhole Rd, West Milford Twp., NJ 07480-4122

3 Beds 1 Baths

$371,000

Sold On 10/20/23

ZEstimate: $376,700

5 Crescent Rd, West Milford Twp., NJ 07480-4103

2 Beds, 2 Baths

$335,000

Sold On 08/03/23

ZEstimate $349,000

13 Rock Rd, West Milford Twp., NJ 07480-4014

2 Beds, 1 Bath

$305,000

Sold On 12/16/22

ZEstimate $335,300

568 Macopin Rd, West Milford Twp., NJ 07480-3903

3 Beds, 1 Bath

$350,000

Sold On 06/08/23

ZEstimate $370,700