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93 Clove Ave

2,660 SF Specialty Building Offered at $299,000 at a 5.02% Cap Rate in Haverstraw, NY 10927

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Investment Highlights

Turn Key Investment
Hands off investment.

Above average return.

Executive Summary

Now, anyone can build wealth through real estate, including you.If you’re here, you know about the potential that real estate investing has to build long-term financial freedom. This is an investment as old as the practice of land ownership. Haverstraw is a village incorporated in 1854 located in Rockland County, New York ,32 miles from NYC.Haverstraw is one of the more urban communities in Rockland County, which makes the village an attractive place to live amongst former New York City residents, the artist community, and New Yorkers with Hudson Valley weekend homes. Interest in the village is fueled by its rich history and architecture, its vast Hudson River shoreline and natural amenities, its overall walkability and density, and trans-Hudson ferry service to Ossining and the Metro-North Railroad with direct service to Grand Central Terminal.D?owntown Haverstraw boasts traditional, development patterns, a?n historic street grid, sidewalks, street trees and street lamps.

Financial Summary (Actual - 2016)	Annual	Annual Per SF
Gross Rental Income	$28,800	$10.83
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$28,800	$10.83
Taxes	$10,962	$4.12
Operating Expenses	$2,834	$1.07
Total Expenses	$13,796	$5.19
Net Operating Income	$15,004	$5.64

Financial Summary (Actual - 2016)

Gross Rental Income
Annual	$28,800
Annual Per SF	$10.83

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$28,800
Annual Per SF	$10.83

Taxes
Annual	$10,962
Annual Per SF	$4.12

Operating Expenses
Annual	$2,834
Annual Per SF	$1.07

Total Expenses
Annual	$13,796
Annual Per SF	$5.19

Net Operating Income
Annual	$15,004
Annual Per SF	$5.64

Property Facts

Price	$299,000	Lot Size	0.09 AC
Price Per SF	$112	Building Size	2,660 SF
Sale Type	Investment	No. Stories	2
Cap Rate	5.02%	Year Built/Renovated	1940/2008
Property Type	Specialty	Parking Ratio	0.75/1,000 SF
Property Subtype	Residential Income Multifamily Apartments	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$299,000
Price Per SF	$112
Sale Type	Investment
Cap Rate	5.02%
Property Type	Specialty
Property Subtype	Residential Income Multifamily Apartments
Building Class	C
Lot Size	0.09 AC
Building Size	2,660 SF
No. Stories	2
Year Built/Renovated	1940/2008
Parking Ratio	0.75/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

About 93 Clove Ave , Haverstraw, NY 10927

2 Story Craftsman Home -Mother/Daughter Apartment in the basement of two story home Main House:First Floor: Living Room, Dining Room, Kitchen, Master Bedroom,, Second Bedroom, Full bath with tub. Second Floor: Large Studio Room, Bedroom, 1/2 bath which can be converted to full with addition of shower, storage space Downstairs Apartment:Kitchen, Washer and Dryer, Living Room, Bedroom, Full Bath with Stall shower. Front porch, back deck, enclosed back yard, driveway parking. Tenants are responsible for grass/lawn, yard maintenance Tenants are responsible for snow removal Tenants pay Orange and Rockland utilities

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Walk Score ®

Very Walkable (78)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

zoning

Zoning Code	120
120

Listing ID: 9974270
Date on Market: 11/14/2017
Last Updated:
Address: 93 Clove Ave, Haverstraw, NY 10927

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