208 Midwood Sells for $995,000
When 208 Midwood Street in Prospect Lefferts Gardens was a House of the Day back in September, the small brownstone was asking $1,150,000, a lot for the nabe but worth trying for given the gorgeous interiors. In the end, though, the market spoke and the seller had to settle for $995,500, just shy of the…
When 208 Midwood Street in Prospect Lefferts Gardens was a House of the Day back in September, the small brownstone was asking $1,150,000, a lot for the nabe but worth trying for given the gorgeous interiors. In the end, though, the market spoke and the seller had to settle for $995,500, just shy of the mansion tax. Is this price what you expected? GMAP
The Spelling house is for sale for 150 million, more4less.
i disagree, 4sure. my point is $1M for the seller is a GREAT price. of course unless they spent more buying & renovating it. Growing up, winning a $1M lotto pot was HUGE. King of the world HUGE. Today, $1M often can’t even buy you a nice house in a OK neighborhood.
if anyone says $1M for a house is a good price (vs $1M for that humungous Spelling estate in LA IS a good price) then you’ve given up and accepted the brainwashing. I know many people can afford it but affording it does not deem it a good price. Would a $10 big mac at McD’s be deemed a good price (ie many people can afford it)?
I agree with “more4less” that a garage would be nice, but parking is relatively easy on this block (although it CAN be a PITA if you get home late at night).
m4l – i’m pretty sure all of us who said it was a good price are referring to a good price for the SELLER. no one said this was a bargain for the buyer.
A single-car garage would make it a $1.8 million house I think…
nice looking house. perfect size for a 1-family – if that one family can afford $1M. I refuse to accept $1M is a good price anywhere in NYC. One might have to pay the kind of prices to buy if prices stay around current levels. But to say $1M for a house is a good price is a different story. If my income ever increases by 300% or more, then I’ll say $1M is a good price cause the spike in house prices would sync w/ spike in income (ie fundamental makes sense to the person w/ the income spike).
rant aside, it’s a really good looking house. not too over done. not too big. a garage would make it a great 1 family house
I love you Tyburg.
Yeah, price seems like a good one. And the house looks great.
to answer the question…back in september, i thought it would go for a little over a million. i guess the mansion-tax-avoidance is a strong card for buyers these days. i’d say sellers got a good price, considering today’s economy.
Yeah… it’s still a HUGE price tag. Though most people on this site have lost touch with reality… and $1 million is just a downpayment it seems.
Honestly, at that price, I’d be surprised if they even bothered with a mortgage! It’s barely more than walking around money… Probably will be a nice place for out-of-town guests if you have a bigger house down the street for yourself.