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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
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
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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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 392201-027-053-0002-066-000-0000 | Total Assessment | $201,700 (2024) |
| Land Assessment | $91,900 (2024) | Annual Taxes | $10,962 ($4.12/SF) |
| Improvements Assessment | $109,800 (2024) | Tax Year | 2016 |
Property Taxes
Parcel Number
392201-027-053-0002-066-000-0000
Land Assessment
$91,900 (2024)
Improvements Assessment
$109,800 (2024)
Total Assessment
$201,700 (2024)
Annual Taxes
$10,962 ($4.12/SF)
Tax Year
2016
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93 Clove Ave