New York City is the Mecca for prime real-estate
properties and listings. From elegant condos to traditional brownstones, the
City is blanketed by high-end abodes fitted with the latest smart appliances
and technologies. With this in mind, is it possible to purchase a second home
for less than 500k within 150 miles of the city? The answer is yes – and your
real-estate journey may take you to more tranquil and serene parts of the
state. For example: New
Rochelle in Westchester County has long been a haven for property
owners wishing to escape the hustle and bustle of the Big Apple. In fact, there
are currently home
listings at $459,021, and lavish co-op apartments going for
$79,900.
The
Upstate Market
Upstate New York has seen a resurgence in real-estate
sales that rivals the “City that Never Sleeps”. From one-story and two-story houses
to high and mid-rise condos, you can truly find the second home of your dreams
within the shadow of the City. In fact, Troy, NY, is synonymous with tree-lined
streets and fine homes. With prices ranging from $169,600 - $202,900, this
suburban oasis is the perfect place to work and raise a family in. Here are
some more top properties that are currently buzzing the market.
Woodstock,
New York
Woodstock has
morphed into a prime real-estate area with exquisite homes and modern,
contemporary apartments. What was once a haven for free-spirited flower
children is now a suburbanite’s paradise with Mother Nature at her finest. In
fact, the area is immersed in woodsy, green open areas. Similarly, Woodstock is
not far from Cooper Lake, which is a haven for nautical and aquatic activities.
With quiet, family-style living homes, properties range from $269,900
- $388,000. This includes this single-family home with 2 beds, 1
bathroom, and 1.72 acres. At 1,337 sq. ft, its homes like these that are
attracting investors near and far.
Long Island
Long
Island real-estate sales continue to soar at alarming rates.
From Nassau to Suffolk, the median sales price for a home on the Island is
$371,383. However, this does not include the East End, which has home prices of
well over a million dollars. Still, if looking for homes with large backyards
or adjacent to creeks, there are countless properties listed at $300,000 or
less. This includes but is not limited to:
- Bay Shore – this particular house is perfect for those seeking second homes. With an asking price of $289,990, the home features two-bedrooms and two bathrooms. There is also a fully finished basement with a bathroom, and easy access to the Bay and water.
- Hempstead – Hempstead has long been known for its Colonial and English-style homes. While not too far from the City, this posh area is quiet and perfect for second-home buyers. This particular home is listed at $288,888, and is not far from fine dining, transportation, schools and Kennedy Memorial Park.
- Miller Place – Miller Place is also great for first-time homebuyers or second-home investors. This suburban area is accentuated by green and open spaces, along with ranch-style homes for families, newlyweds and single investors. This venue has an asking price of $295,000 – which is slightly below the median price – but on par with the national median home price of $214,000.
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