House of the Day: 75 Fenimore Street
Here’s an interesting FSBO. The 1,872-square-foot brick house at 75 Fenimore Street is a comfortable-looking four-bedroom with its own driveway and garage. According to the Prospect Lefferts Gardens Historic District Designation Report, the house, which was built around 1920, is particularly notable for its “steep slate mansard roods and ornamental doorway enframements.” The asking price…
Here’s an interesting FSBO. The 1,872-square-foot brick house at 75 Fenimore Street is a comfortable-looking four-bedroom with its own driveway and garage. According to the Prospect Lefferts Gardens Historic District Designation Report, the house, which was built around 1920, is particularly notable for its “steep slate mansard roods and ornamental doorway enframements.” The asking price of $825,000 seems reasonable to us, but none of the similar houses to either side have changed hands in recent years so close comps aren’t available; a three-story brownstone across the street at 74 Fenimore Street changed hands for $550,000 in 2003. Think this’ll move at this price?
75 Fenimore Street [FSBO] GMAP P*Shark
4:16:
Detroit fared a little better. And Camden, NJ.
3:41 = realist.
4:02PM, Since you love looking at stats, what U.S. cities with the population density of that area faired better.
3:57 It seems to me that the realestate market can follow fluctuations as so all markets, suffering a down to bounce back up no, fringe areas or not?
And we do read the news but have YOU invested in realestate within the past 10 years? I guess not, otherwise you would have seen the ups and downs of the market and realize that 10 years down the road, realestate is still an investment that will return more than any bank cds or long term investments ranging at a poor 5% average.
I have seen a return of 300% for my house bought in 1992 in Carroll Gardens, a fringe area back then with no public schools and no amenities…back then Manhattanites would not dare crossing the bridge and cabs would be reluctant to take me there.
3:41 = jealous renter
There were 11 murders in this district in 2007.
That’s a hell of a lot for a house asking 825K.
That’s about similar to districts in Harlem and the Bronx.
Btw.
Party like it’s 1989.
3:55 = The Owner
some people on this blog really do not understand how overvalued the fringe areas are.
there is no trying to reason with them, 3:41.
they will learn the hard way, when by next year they owe more on their house than it is worth.
using comps from last year…the top of the market is really not helpful.
do you people read the news, or only the articles relating to starbucks?