What $297,000 Gets You in Peekskill, NY
I just closed on a cozy and mint condition cape in Peekskill,
NY. This house on Hoover Avenue is
conveniently located as it is less than one mile to shopping, dining, Route 9,
and only a few minutes to the Peekskill and Cortlandt Metro North train
stations. This makes for a very easy NYC
commute. This 1940 cape cod sits on .16
acres and features 3 bedrooms, 1 bathroom and 1300 square feet. It also features an addition finishable space
on the second floor which will easily turn this into a four bedroom home. This
house is tastefully updated, yet has kept its old world charm. This house is one of the few streets in
Peekskill that belongs to the Hendrick Hudson School District.
The property was listed at $299,900. As with many properties in Westchester
County, this house sold close to asking price.
The negotiation for this house was a bit out of the norm. It had been on the market for several months
without too much activity. Under normal
circumstances, a buyer most likely would have been able to purchase the
property at a lower price. However,
because the house was purchased at the height of the market, if the price went
any lower it would have resulted in a short sale. This would have not been good for
anyone! My buyers new that if that were
to happen, it was possible that they might never get the house. More importantly, they’re qualification was
extremely tight and with the rising interest rates, they risked not being to
qualify for the loan if the rates went up while waiting for the short
sale. They gladly agreed to pay the
amount needed to avoid a short sale. The
house ended up appraising and this turned into a win-win for all parties
involved. We finally closed on this
property on Friday the 13th. There
was no curse here! This ended up being
one of the nicest closings I’ve had in a long time. Everything went smoothly. The buyers couldn’t have been more excited to
finally receive their new home, and the seller was extremely happy that the
house was going to be in such good hands.
Westchester County continues to show signs of a strong housing
recovery. If you are looking to purchase
or sell a home in the Westchester/Putnam/Dutchess area, or if you have any
questions on the buying or selling process, please don’t hesitate to call, text
or email. I will be happy to help.
I just closed on a cozy and mint condition cape in Peekskill,
NY. This house on Hoover Avenue is
conveniently located as it is less than one mile to shopping, dining, Route 9,
and only a few minutes to the Peekskill and Cortlandt Metro North train
stations. This makes for a very easy NYC
commute. This 1940 cape cod sits on .16
acres and features 3 bedrooms, 1 bathroom and 1300 square feet. It also features an addition finishable space
on the second floor which will easily turn this into a four bedroom home. This
house is tastefully updated, yet has kept its old world charm. This house is one of the few streets in
Peekskill that belongs to the Hendrick Hudson School District.
The property was listed at $299,900. As with many properties in Westchester
County, this house sold close to asking price.
The negotiation for this house was a bit out of the norm. It had been on the market for several months
without too much activity. Under normal
circumstances, a buyer most likely would have been able to purchase the
property at a lower price. However,
because the house was purchased at the height of the market, if the price went
any lower it would have resulted in a short sale. This would have not been good for
anyone! My buyers new that if that were
to happen, it was possible that they might never get the house. More importantly, they’re qualification was
extremely tight and with the rising interest rates, they risked not being to
qualify for the loan if the rates went up while waiting for the short
sale. They gladly agreed to pay the
amount needed to avoid a short sale. The
house ended up appraising and this turned into a win-win for all parties
involved. We finally closed on this
property on Friday the 13th. There
was no curse here! This ended up being
one of the nicest closings I’ve had in a long time. Everything went smoothly. The buyers couldn’t have been more excited to
finally receive their new home, and the seller was extremely happy that the
house was going to be in such good hands.
Westchester County continues to show signs of a strong housing
recovery. If you are looking to purchase
or sell a home in the Westchester/Putnam/Dutchess area, or if you have any
questions on the buying or selling process, please don’t hesitate to call, text
or email. I will be happy to help.
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