๐ Turnkey Buy & Hold with Cash Flow Potential in Yonkers, NY! ๐
๐ Property Details:
- Address: XXX Hawthorne Ave, Yonkers, NY 10701
- Home Type: Single Family
- ๐ก Style: Traditional
- ๐ Year Built: 1892
- ๐ Square Feet: 2,102 sqft
- ๐๏ธ Beds: 3
- ๐ Baths: 1.5
- ๐ Stories: 2.5
- ๐ณ Lot Size: 2,614 sqft
- ๐ธ Property Taxes: $1,054.69/year
๐ฐ Financial Highlights:
- ๐ฆ Last Sale: $420,000 (12/11/2023)
- ๐ Estimated Mortgage Balance: $412,230
- ๐ฒ Mortgage Amount: $414,300
- ๐ Loan to Value: 74%
- ๐ AVM: $720,068
- ๐ต Market Value: $329,609
- ๐งพ Assessed Total: $5,900
๐๏ธ Construction & Materials:
- ๐จ Condition: Average
- ๐ Exterior: Siding Alum Vinyl
- ๐๏ธ Basement: Full Basement
- ๐ง Water: Municipal
- ๐ ๏ธ Sewer: Municipal
- ๐ก๏ธ Heating: Hot Water (Fuel: Oil)
- โ๏ธ A/C: N/A
- ๐ฅ Fireplace: No
Why XXX Hawthorne Ave is a Great Investment:
๐ผ Turnkey Buy & Hold: This property is ready to go! With a solid tenant in place or the potential to attract long-term renters, you can start generating cash flow immediately. The combination of a traditional home style and a historical build gives this property unique charm that tenants will love.
๐ก Equity Upside: With an AVM of $720,068 and a low loan-to-value ratio of 74%, there's significant equity to be tapped into. The last sale price of $420,000 offers a strong foundation for a buy-and-hold strategy, with potential for appreciation over time.
๐ก Prime Location in Yonkers: Situated in a convenient area with municipal water and sewer services, this property is well-positioned to remain a valuable asset in your portfolio. The solid construction and full basement add to the home's durability and appeal.
๐ Strong Rental Market: Yonkers is a thriving rental market, and this property is ideal for long-term rental income. The 2.5 stories provide ample space for tenants, making it an attractive rental property in the area.
โ ๏ธ NON-Refundable EMD
WE HAVE A PREFERRED LENDER WHO DOES 100% FINANCING!** Are you an experienced investor with at least 6 completed flips? Our preferred lender offers exclusive 100% financing for your next project. Take advantage of this incredible opportunity to maximize your investment potential with zero upfront costs!
Take the first step toward a prosperous investment future!
๐ Important Notes & Disclaimers
Approaching the seller at any point is prohibited. Anyone who does will be permanently removed from our buyer's list AND black-listed with all other major partners in the area. Further, such contact will be viewed as intentional interference with a contract and may result in legal action being brought against you. We are under contract with the seller of this property and are therefore a PRINCIPAL in the transaction. Buyers are encouraged to perform their own due diligence regarding properties. Information provided is taken from public records and other sources, is provided in good faith, but is not guaranteed to be accurate. After renovated value ("ARV"), estimated repair costs, and other such figures are simply estimates; as such, buyers should conduct their own analysis and diligence regarding all aspects of the property prior to offering/purchasing.
๐ Don't Miss Out on This Turnkey Opportunity in Yonkers! ๐
๐ Contact Us Today:469-949-3363
๐ง Email: jervonthompson@gmail.com
Submit Your Offer and Secure This Deal Before It’s Gone!
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