Here is a lovely top floor unit in a desirable pet-friendly complex in Yonkers, NY. Just a short 6 minute walk to the Fleetwood Station on metro-north. It is a 1 BR/1BA unit with an ample 850 Sq. ft. of living space. It is close to transportation, highways and shopping. A Starbucks is scheduled to open on the block. So the area is becoming increasingly upscale.
The complex was built in 1925 in the desirable pre-war style. The complex has lovely gardens and a newly paved parking lot. The unit itself has been renovated as Soho chic but takes into account the classic features the complex has to offer. There is exposed brick in the living area with an open pass through to the kitchen creating a very open floor plan and a feeling of space. California closets provide ample storage.
The monthly maintenance is $717 with 67% tax deductible. The number of shares is 350. A 20% down payment is required.
Cost of Living:
Assuming that the buyer uses a conventional 30 year loan at 6% interest, and taking into account tax deductions, the overall outlay is each month would be rough $1250.00 This is very competitive with current rentals while giving the owner a chance to build equity.
There are no pet restrictions in this complex.
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