Home for Sale at 666 N Terrace Avenue, Mount Vernon, NY 10552

666 N Terrace Avenue
Mount Vernon, NY 10552

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Property Details

List Price:	$209,000
Beds:	2
Baths:	1
Status:	Active
SqFt:	900
Agency:	Douglas Elliman Real Estate

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1939
Notes:	This 2-bedroom, 1-bathroom, 4th floor co-op is a true gem in the Fleetwood section of Mount Vernon. The moment you step inside, you'll be welcomed by high ceilings and a bright foyer that leads to a spacious living room with a large window that lets in natural light. There is hardwood flooring. The primary bedroom boasts wooden flooring, a high ceiling, ceiling fan and more natural light. The other bedroom also features wooden flooring and high ceilings, providing a cozy and comfortable atmosphere. The kitchen is equipped with granite countertops, wooden cabinets, and plenty of space for cooking and storage. The bathroom features a vanity, a bathtub, and built-in shelving. The basement has a common laundry room for added convenience. A Smart security cameras is installed, providing peace of mind and added security. The neighborhood is perfect for taking leisurely strolls with sidewalks, well-maintained roads, and street parking. Public transportation is nearby, as well as restaurants and supermarkets for added convenience. Located a short 10 minute walk to Metro-North and a 30 minute ride to midtown Manhattan. There are several schools, including Mount Vernon Middle School, Charles E Nichols Public School Number 15, and Saints Peter and Paul School. Healthcare facilities include Passport Health Mount Vernon Travel Clinic, Montefiore Mount Vernon Hospital, and Montefiore School of Nursing. The parks nearby are Fleetwood Park, Scout Field, and Bregano Park, all perfect for outdoor activities with your family. Don't miss out on the opportunity to own this charming co-op with smart features and convenient location.
MlsNumber:	3524221

Listing Provided By:	Douglas Elliman Real Estate, original listing
Name:	Douglas Elliman Real Estate
Office Name:	Douglas Elliman Real Estate
Office Phone:	(516) 795-3456
Agent Name:	Rosemarie Coats
Disclaimer:	Copyright Â© 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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