490 Larch Avenue
$760,000
4
3
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Description
Great opportunity to invest and/or owner-occupy and collect strong rental income. +/- 5.5% cap rate for the savvy cash buyer in this shifting market. Property can still be cash flow positive even with climbing interest rates-- Non-QM loans and creative financing available. This well-maintained, high income-producing 2 family is in a very desirable neighborhood and conveniently located to everything in Bogota and neighboring towns. Affordable property taxes, maintenance, and low carrying costs-- with...Great opportunity to invest and/or owner-occupy and collect strong rental income. +/- 5.5% cap rate for the savvy cash buyer in this shifting market. Property can still be cash flow positive even with climbing interest rates-- Non-QM loans and creative financing available. This well-maintained, high income-producing 2 family is in a very desirable neighborhood and conveniently located to everything in Bogota and neighboring towns. Affordable property taxes, maintenance, and low carrying costs-- with projected 2025 gross income over $57,000 per year. Income and expenses can be available upon request. Second floor unit is currently Month-to-Month and may be vacated for a potential for owner-operator to use.
- Listed by Sung Min Yoo • Keller Williams Town Life • (201) 994-9295
Property Details for 490 Larch Avenue
Style
2 Family
Sub styleTop/Btm
WaterfrontNone
GarageDetached, O/See Remk
LISTING UPDATED: 10/17/2024 07:42 AM
Property Details for 490 Larch Avenue
Status | Active |
---|---|
MLS # | 24033234 |
Days on Market | 45 |
Taxes | $13,114 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / 2 Family |
Year Built | - |
Lot Size | 0.12 AC / 5,101 SF |
County | Bergen County |
Building Information for 490 Larch Avenue
Stories-Residences-Year Built-Building Size-Lot Size0.12 AC / 5,101 SF
Property Information for 490 Larch Avenue
Property History for 490 Larch Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 490 Larch Avenue
Taxable ValueLand$145,500Additions$164,900Total$310,400
Tax Record2022$13,114 ($1,093 / month)
Home Facts
Beds0Total Finished SqFt2,212 SqFtAbove Grade Finished SqFt2,212 SqFtStories2Lot Size5,101 SqFtStyleSingle Family ResidenceYear Built1910CountyBERGENAPN04 00004-0000-00011
Schools near 490 Larch Avenue
This home is within Bogota Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 8 to 12 | |||
Public - | 6 to 7 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Lillian M. Steen Elementary School PublicPK to 5 | ||
Bogota Jr Sr High School Public8 to 12 | ||
Bogota Middle School Public6 to 7 | ||
E. Roy Bixby Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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