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There is a simple explanation why someone would pay 400k for that place. I used to live one town over from Haworth and its can be best described as an ultra-rich-yuppie-family-town right outside NYC.
Someone will buy that dump, rip it down and build a brand new Mc Mansion.
It was funny to see this thread as I was back near was I used to live just yesterday (moved 2+ years ago out of NJ) and it's crazy - so many middle class / older homes in the area were torn down and huge Mc Mansions were built. Its not like projects are being ripped down and houses are being built in their place, we are talking nice ranchers or spilt levels going for 500k+, they are ripped down and another house is built in it's place that goes for 1.2 mil+.
Crazy shit. Lots of cash near NYC.
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