Open House Picks: Six Months Later
Comment: That Bergen Street house has to be a buy somewhere in here! Open House Picks 1/15/10 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: That Bergen Street house has to be a buy somewhere in here!
Open House Picks 1/15/10 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
Growl! #1 swallowed by shadow inventory. #2 swallowed medicine. #3 swallowed crack. #4 swallowING medicine.
“What’s with the price increase on that Caton house”
Second hand smoke from the crack that the broker and/or seller are smoking. The price too is high.
***Bid half off peak comps***
I think Luchese needs to work on his copy.
“Please keep in mind that this property when complete will be unbelievably beautiful and will not last long!”
Why would I buy your house if it won’t last long after I renovate it?
earth to caton ave…
Yup, WT/SS/GH only thing moving these days
I live near 311 Caton and have been to open houses there. It has been on the market for a long time. It was on sale for as little as $749K during 2009 with Fredrick Palmer, I believe they started at $799K or even $829K and were gradually dropping it every month or two. Then over the past winter a new broker got the listing and raised the ask to $799K which is where it has stayed. The increase makes no sense…if no one would buy at $749K, its no surprise its still on the market at $799K. The new broker must be one smart cookie!
In any event its not worth $799K. Its a nice house but it needs significant work. And while that block of Caton looks pretty in pictures or on a Sunday morning at 7am, it is in fact a loud, smelly truck route which makes the lovely front porch unusable. If there was a widgit I’d say $725K.
1 out 4, bearish.
Maly, 1250 bergen is SRO so tough nut to get financing
What’s with the price increase on that Caton house?
1250 Bergen was listed at 499K last summer, through Century 21 or Coldwell bankers? I can’t remember. Anyway, the listing was picked up by Corcoran and the price increased to 569K. There are a couple issues that make it a bit risky. There is something about the smell of the house that scared me. Some wrecks smell a bit dry and dusty, and others smell of bugs and rotten wood.
Walked through 1250 Bergen and it had potential, but it was an SRO. It went into contract soon after that, but I heard that the deal fell through. Maybe the buyer couldn’t get a bank to loan money for an SRO in the end?