๐Ÿ  Turnkey Buy & Hold with Cash Flow Potential in Yonkers, NY! ๐Ÿ 

Westchester County, Yonkers, NY, 10701 view full address
For Sale
Listed at: August 11th, 2024
Price
$550,000
ARV
$650,000
Gross Margin
$100,000
Sq. Footage
2102
Type
Single-Family
Parking
Off street
Year build
1892
Lot size
0.06 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
1
Summary

๐Ÿ  Turnkey Buy & Hold with Cash Flow Potential in Yonkers, NY! ๐Ÿ 

๐Ÿ”‘ Property Details:

  • Address: XXX Hawthorne Ave, Yonkers, NY 10701
  • Home Type: Single Family
  • ๐Ÿก Style: Traditional
  • ๐Ÿ“… Year Built: 1892
  • ๐Ÿ“ Square Feet: 2,102 sqft
  • ๐Ÿ›๏ธ Beds: 3
  • ๐Ÿ› Baths: 1.5
  • ๐Ÿ  Stories: 2.5
  • ๐ŸŒณ Lot Size: 2,614 sqft
  • ๐Ÿ’ธ Property Taxes: $1,054.69/year

๐Ÿ’ฐ Financial Highlights:

  • ๐Ÿฆ Last Sale: $420,000 (12/11/2023)
  • ๐Ÿ“‰ Estimated Mortgage Balance: $412,230
  • ๐Ÿ’ฒ Mortgage Amount: $414,300
  • ๐Ÿ“Š Loan to Value: 74%
  • ๐Ÿ“ˆ AVM: $720,068
  • ๐Ÿ’ต Market Value: $329,609
  • ๐Ÿงพ Assessed Total: $5,900

๐Ÿ—๏ธ Construction & Materials:

  • ๐Ÿ”จ Condition: Average
  • ๐Ÿ  Exterior: Siding Alum Vinyl
  • ๐Ÿš๏ธ Basement: Full Basement
  • ๐Ÿ’ง Water: Municipal
  • ๐Ÿ› ๏ธ Sewer: Municipal
  • ๐ŸŒก๏ธ Heating: Hot Water (Fuel: Oil)
  • โ„๏ธ A/C: N/A
  • ๐Ÿ”ฅ Fireplace: No

Why XXX Hawthorne Ave is a Great Investment:

๐Ÿ’ผ 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.

๐Ÿ’ก 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.

๐Ÿก 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.

๐Ÿ“Š 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.


โš ๏ธ NON-Refundable EMD

WE HAVE A PREFERRED LENDER WHO DOES 100% FINANCING!** ๐ŸŽ‰Are you an experienced investor with at least 6 completed flips? ๐Ÿ˜๏ธ 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!

๐Ÿ“œ 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.

๐Ÿš€ Don't Miss Out on This Turnkey Opportunity in Yonkers! ๐Ÿš€

๐Ÿ“ž Contact Us Today:469-949-3363
๐Ÿ“ง Email: jervonthompson@gmail.com

Submit Your Offer and Secure This Deal Before It’s Gone!

Documents
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jervon Thompson

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