What a Monroe County rental returns on its purchase price
What does a rental in Monroe County return against its purchase price? Divide annual rent by purchase price to get gross yield, then subtract taxes, insurance, vacancy, repairs and management to get the cap rate. In Monroe County, property taxes are usually the largest single expense and they vary s
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Monroe County tax bills: the 2 you pay after closing
How do I read a Monroe County tax bill before making an offer on a house? Get both bills, not one. A Monroe County property is billed for town and county taxes in January and school taxes in September, plus a village bill if it sits inside a village. Add the full amounts together, ignore any exempti
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Asbestos siding in Monroe County homes built pre 1980
Is asbestos siding a dealbreaker when buying a pre 1980 home in Monroe County NY? No. Asbestos cement siding and wrapped pipe insulation are common in pre 1980 Monroe County homes and are generally left alone when intact and undisturbed. Risk comes from damage, sanding, drilling or demolition. Durin
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