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Old 07-09-2010, 08:56 AM   #7
jetskier
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Quote:
Originally Posted by Just Sold View Post
Based on the current tax rate of $17.37 per thousand you are very little high on your taxes guess. I looked up a few property values on Edgewater on Governors Island (public records are very usefull) and using $1.8 mil as a tax card property value the taxes are $31,266.00. Still a lot of money but no where near $50 to 100K you estimated. A $3 mil property value would have taxes of $52,110.00.
There is a home on the market for over $7M. By your math that would be $121k in taxes.
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