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Updated almost 9 years ago,

User Stats

708
Posts
615
Votes
Calvin Thomas
  • Developer
  • New York City, NY
615
Votes |
708
Posts

Valuing a multifamily home in Rockland County, New York

Calvin Thomas
  • Developer
  • New York City, NY
Posted

Looking to expand my real estate buys and entering Rockland County, NY.  There is a 5 family building for sale.  Actually, it's a four family building along with a detached unit on the same property.  It's been listed for about 150 days.  It's seems about 100k overpriced, however, the rents are pretty nice.  However, the school/property taxes are significant.  I did some searching on valuations on Prop. shark and other sites, but nothing gave me a good price comparison.  

Any ideas on how to proceed?

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