62 Vineyard Avenue
Yonkers, New York
$520,000 Price
3 Bedrooms  

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...

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.

Listing courtesy of Exp Realty

Calculate your Payments

Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Monthly Real Estate Tax:

Total Monthly Payment:

* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Yonkers, New York
Type: House
Price: $520,000
Re Tax: $6,671
Web ID: 6334054

Info & Amenities

Type: Single Family
Rooms: 9.0
Bedrooms: 3
Bathrooms: 3.0
Built: 1890

Get to Know Yonkers

Yonkers is a vibrant and diverse city located just north of the Bronx in Westchester County. Often referred to as the 'Gateway to the Hudson Valley,' Yonkers is a place where historic charm meets modern convenience. With its rich history, scenic views, and an array of cultural attractions, the city has something to offer everyone.

More About Yonkers

Neighborhood Guide to Yonkers