Open House Picks
Bay Ridge 7601 Narrows Avenue Brown Harris Stevens Sunday 12-1:30 $2,500,000 GMAP P*Shark South Slope 409 Prospect Avenue Betancourt Sunday 1-3 $1,169,000 GMAP P*Shark Kenmore Terrace 221 East 21st Street Corcoran Sunday 12:30-3 $1,150,000 GMAP P*Shark South Slope 270 10th Street Century 21 Sunday 1-3 $775,000 GMAP P*Shark

Bay Ridge
7601 Narrows Avenue
Brown Harris Stevens
Sunday 12-1:30
$2,500,000
GMAP P*Shark
South Slope
409 Prospect Avenue
Betancourt
Sunday 1-3
$1,169,000
GMAP P*Shark
Kenmore Terrace
221 East 21st Street
Corcoran
Sunday 12:30-3
$1,150,000
GMAP P*Shark
South Slope
270 10th Street
Century 21
Sunday 1-3
$775,000
GMAP P*Shark
Here’s a rather lackluster looking 1600 sf 3 bedroom home which sold for 2,000,000 in December 2008 in Bev Hills…
http://www.trulia.com/homes/California/Beverly_Hills/sold/4307718-306-N-Maple-Dr-Beverly-Hills-CA-90210
That’s $1229 per square foot.
“wow 11217, that second link had a $300K reduction
ouch!”
And if you scroll down and look at “similar homes for sale” you can see that the typical 3 bedroom 2000 sf house is for sale in the 1.2 – 1.8 million range.
Certainly no where near the size of this Bay Ridge house. I’m not saying the Bay Ridge house is a good price, I’m just saying that Beverly Hills sure isn’t a bargain, by any stretch of the imagination. And average incomes in the LA area are not even close to what they are in the NYC metro area, as far as I know. I could be wrong.
Maly,
Yours is more accurate than mine for this particular house, but Santa said a floor thru was 2000. So I was just using an example if this were 3 floor thrus (3 floors). Which I know it’s not…
In any case, I was just trying to show that the mortgage to rent ratio on a home like this isn’t THAT far off.
Neither of us factored in the rather large mortgage interest deduction…
I don’t think you’d touch anything remotely like Narrows Ave in a comparable area of Queens (Jamaica Estates, Forest Hills Gardens, Douglas Manor) for under a million.
11217 – I lived in orange county for 4 years, and I have no intention of ever moving back to CA. Might visit from time to time, but that’s about it.
wow 11217, that second link had a $300K reduction
ouch!
Or this…cute but about 1800 sf…
http://www.trulia.com/property/1064649323-454-S-Peck-Dr-Beverly-Hills-CA-90212
buckfast,
You aren’t very familiar with Beverly Hills real estate apparently.
Here’s what you get for 1.5 million
http://www.trulia.com/property/1073810359-161-N-Willaman-Dr-Beverly-Hills-CA-90211
sorry but Brooklyn is the new NYC