$39,900

6 Beds   2 Baths   2,976 Sq. Ft.
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Bridge St
Phoenix, NY 13135

Potential Profit
$127,655

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Status: Active
Listing ID: 55522155
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Learn about Bridge St in Phoenix, NY

This property is available as a foreclosure at Bridge St. It has 6 bedrooms, 2 bathrooms, and 2,976 square feet of living space. Based on our analysis of the current market conditions in Phoenix for Bridge St and comparable listings, the estimated market value is $127,260. The property located at has potential equity of $127,655. If purchased for rental purposes, the monthly rental rate could range between $850 and $1,151. For those interested in resale, the estimated profit from selling is $127,655. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Bridge St are updated daily along with others in Phoenix, New York. Since this property is a foreclosure, check out our Foreclosure Timeline for Bridge St below to see helpful information about this listing.


Foreclosure Timeline

Bridge St in Phoenix New York Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Bridge St
View Foreclosure Status
07/09/20
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $39,900. 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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
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Foreclosure

The property located at Bridge St in Phoenix, NY is listed as a Foreclosure

Properties like Bridge St in Phoenix, 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 Phoenix, NY. The longer lenders own properties like this on Bridge 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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Rental Value

The estimated rental value for Bridge St located in Phoenix, NY is $1,001/month. Comparable homes around Bridge St that are rentals have monthly ranges starting as low as $850 per month and as high as $1,151 per month. An owner looking to use this property as an investment could bring a return in the area of $850 - $1,151 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.

Listing History

Start Date End Date Listing Type Bank Name
11/04/19 02/10/20 Foreclosure
09/29/19 02/16/20 Foreclosure
08/11/19 09/21/19 Foreclosure

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Bridge St
Phoenix, NY 13135

6 Beds   2 Baths   2,976 sq. ft.

$39,900

Status: Active Listing ID: 55522155

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Bridge-St-Phoenix-NY-13135/55522155_lid

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