8 Evanston Avenue,
West Milford, NJ 07480
*LAKESIDE RESIDENTIAL HOME!!*
*AIR BNB MONEY MACHINE!!*
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
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