Potential Profit$25,932
This property is available as a fixer upper at W Lake Ave. This property features 4 bedrooms and 1.1 bathrooms, perfect for investment and/or your personal residence. With 1,633 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Herkimer, specifically for W Lake Ave and comparable listings. Based on this expert analysis, the estimated market value is $134,910. This has potential equity of $25,932. If purchased for rental purposes, the monthly rental rate could range between $1,110 and $1,390, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $25,932. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on W Lake Ave are updated daily along with others in Herkimer, New York, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
Auction Information |
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The estimated rental value for W Lake Ave located in Herkimer, NY is $1,211/month. Comparable homes around W Lake Ave that are rentals have monthly ranges starting as low as $1,110 per month and as high as $1,390 per month. An owner looking to use this property as an investment could bring a return in the area of $1,110 - $1,390 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
Status: Active
Listing information updated for this property.
Status: Active
Status: Inactive
The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.
Status: Inactive
FREEDOM MORTGAGE CORPORATION
02/12/25 - 02/24/25Status: Inactive
The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
Status: Inactive
FREEDOM MORTGAGE CORPORATION
01/29/25 - 02/24/25Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
FREEDOM MORTGAGE CORP
04/07/23 - 12/03/23Status: Inactive
Status: Inactive
FREEDOM MORTGAGE CORPORATION
04/07/23 - 12/03/23Status: Inactive
Status: Inactive
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