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Foreclosure Homes in Cove Neck, NY

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Foreclosure Homes in Cove Neck, NY

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Cove Neck, NY area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cove Neck, NY and much more. Save thousands at closing with home foreclosure listings in Cove Neck, NY — up to 75% off market value!


Top Reasons To Live In Cove Neck, NY In 2021

Cove Neck is located in Nassau, New York, with an estimated municipal population of 301 residents. All of the best foreclosed homes for sale in Cove Neck are located in the following zip code areas on Foreclosure.com: 11771. The estimated population per square kilometer (.62 miles) in Cove Neck is 90.


Cost Of Living In Cove Neck, NY

So, about how much do homes cost in Cove Neck? The most recent median value of resident-owned homes in Cove Neck is 1,772,152. An estimated 80.6 percent of households in Cove Neck own their homes, with an average family size of 3.23. The median household income in Cove Neck is 158,750, with65.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cove Neck, the median commute time of resident workers (in minutes) is 27.2.


Diversity And Demographics In Cove Neck, New York

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cove Neck, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Cove Neck is 50.3, split between 53.7 percent male versus 46.3 female. The percentage of residents who report being married in Cove Neck is 68.4, with an average family size of 3.23.

The percentage of residents who report their race in Cove Neck is as follows:

White 95.5%
Black / African American 0%
Asian 4.5%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Cove Neck? Or maybe you are searching for 55+ active adult communities in and/or near Cove Neck?

The percentage of residents who report their age in Cove Neck is as follows:

Under 10 9.3%
Aged 10-19 19.4%
20s 6.7%
30s 2.9%
40s 11.2%
50s 19.8%
60s 8.5%
70s 9%
80+ 13.1%

Best Schools In Cove Neck, New York

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cove Neck with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cove Neck.


Pros And Cons Of Living In Cove Neck, New York

How do you know that living in -- or moving to -- Cove Neck is right where you need to be? Perhaps you grew up in Cove Neck or already live nearby; therefore, the decision to buy a home in Cove Neck is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cove Neck for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cove Neck:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cove Neck.


Reasons To Move To Cove Neck, New York, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cove Neck can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cove Neck, meanwhile, can field multiple offers from more qualified buyers.

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