$29,000

2,432 Sq. Ft.   Single-Family

418 Madison St, Newark, NY 14513

*Rental Value Coming Soon

Overview

This Single-Family is located at Madison St, Newark, NY 14513. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has , 2,432 sqft of living space.
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Status: Inactive
Listing ID: 12556923
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Homes near 418 Madison St in Newark, New York


Learn about 418 Madison St in Newark, NY

This single-family property is available as a foreclosure at 418 Madison St. Based on our analysis of the current market conditions in Newark for 418 Madison St and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at 418 Madison St are updated daily along with others in Newark, New York.


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Based on 20% down, 30 year mortgage, with 5% APR

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All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependant on credit scores, loan timeline, and a down payment amount.

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Property Information

  • Price: $29,000
  • Living Area Size: 2,432
  • Day(s) On Site: 5664
  • Property Type: Single Family Dwelling

Foreclosure

The property located at Madison St in Newark, NY is listed as a Foreclosure

Properties like Madison St in Newark, New York listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Newark, NY. The longer lenders own properties like this on Madison St, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Homes On This Street
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Madison St
Newark, NY 14513

2,432 sq. ft.   Single-Family

$29,000

Status: Inactive Listing ID: 12556923

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