This large colonial revival is situated in an established older neighborhood in Mount Vernon, Westchester County, NY, which is a very desirable location in the NYC metro area. Listed for $474,900, this house can be had for less 70% of its 2005 sale price of $680,000 (6/23/2005). Zillow.com estimates that this house is now worth $606,500.This property is in an owner-occupied area, and it seems unlikely that it could be rented for an amount sufficient to cover the mortgage and other costs. However, this REO will be a great opportunity for an owner-occupant who commutes to the city, as there is easy train access from this location. This is a charming house in a great location, so check it out if you’re looking for a house in this price range --- it is an excellent value.
The basics...
Address: 11 Parkway Circle, Mount Vernon, NY 10552
Current Listing Price: $474,900
PREVIOUS Sale Price: $680,000 (6/23/2005)
Size: 5 Bedrooms, 3 Bathrooms; 2,800 square feet
Lot: .15 acres
http://www.realtor.com/realestate/mount-vernon-ny-10552-1101713422/
