This is a cut n' paste from another thread....
In case anyone is interested, slip F-6 sold today at auction for $37,000.00 I keep thinking about buying a slip but even at $37K it's still better to rent. Here's my logic....cost of money for $37K is $1,500, Taxes to Gilford $1,200, Association Fees $1,500...total cost to own is $4,200. Rents at MVYC including winter storage are $2,800 to $4,000....cheaper to rent! Someone please find the flaw in my logic...really.
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