$550,000
$520,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
62 Vineyard AVE Yonkers, NY 10703
3 Beds
3 Baths
1,455 SqFt
Key Details
Sold Price $550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,455 sqft
Price per Sqft $378
MLS Listing ID KEYH6334054
Sold Date 05/07/25
Style Colonial
Bedrooms 3
Full Baths 3
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 1890
Annual Tax Amount $6,671
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Single Family Residence
Property Description
A/O- Contract has been sent out. Showing for back ups. Excellent investment opportunity for the savvy buyer or investor. Single Family Residence on a double lot, currently in use as a 3-family home with 3 separate and independent units. Live in 1 unit and allow the other two units to pay off your mortgage. Rent roll possibility is $62,000+ with all units rented and opportunity to increase rent with a projected cap rate of 8%+
The conversion process from a single family to a 3 family has already been started and is in place for the next owner to complete. Double lot offers potential opportunities for a developer.
The property has an assumable FHA mortgage at a mind boggling 2.375% interest rate. Yes, that is not a typo! 2.375%.
Call for additional details or to schedule a viewing.
Location
State NY
County Westchester County
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Driveway
Utilities Available Trash Collection Public
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Yonkers Early Childhood Academy
Middle Schools Yonkers Middle School
School District Yonkers
Others
Senior Community No
Special Listing Condition None
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Bought with Bank Neary Inc