Wednesday, September 2, 2009

Listing of the Day: Van Cortlandt Village SIngle Family

3845 Bailey Avenue, 3 Bedrooms, 2 Bathrooms - $449,000

I've had my eye on this listing for a while, sitting, stalking, waiting in anticipation of a price chop. The chop never came, but the place still intrigues me.

You have to love the exterior of the house and the fact that it comes with an ever elusive garage. I'd certainly classify this as a fixer-upper. The interior looks nice enough, but it appears a kitchen thief absconded with the cabinetry, counter tops, and any post war appliances. While $449K is not that steep for the hood, you'd have to spend at least an extra $20K-$30K (minimum) to redo the kitchen and bathroom. I might do some wallpaper removal as well - it's pretty scary. If a low ball offer was accepted there's a lot of potential here.

The hood has some good things going for it. You are right near Van Corlandt Park, which in itself is cool for biking, running, using the pretty nice public pool, or just watching cricket and rugby matches. You could also pretend you have a lake front deck at Vanny's golf course's clubhouse. Or just play a round if you're an actual duffer. Proximity to Bronx Ale House would provide you with a pretty solid local.

Transportation in this part of the hood would be either the 1 train at 238th Street (super close) or the 4 train at Jerome Avenue and Mosholu Parkway (a little bit further, but not insane).




Lora said...

The BX10 bus runs past the property. The backyard is next to the Major Deegan Expressway, so there must always be the din of traffic. Two blocks from Church of the Visitation, near Manhattan College. Stop and Shop about five blocks away. Overall, a pleasant street. Lots of other churches and synagogues nearby.

Lora said...

This is a listing for a similar nearby house.