**3-4BR w/gameroom & a mini-oasis – 12 2⁄3 % → 14 % cap w/o touching it
**OR do a quick $50k+ microflip
You can flip this over about immediately on the MLS for about $50k; you know I don’t have the time for that, but my sharp investors do so it’s priced to GO.
Near $50,000 under market. TWO-bedrooms in that immediate area for $130k+ all day. Across the street sold for $130k; little bit newer but, yep, only a 2BR. Always proudly maintained/owner-occupied.
Rental estimate for it as a 3/2, not a 4/2:
**if you don’t want it as an investment or miniflip, tell your friends looking for a new property to live in… it’s lovely!
Property was built as a 4br & the gameroom can again house the 4th bedroom. Updated electric & plumbing. H2O tank+ central heat furnace 2-3 years old. Newly updated kitchen/baths/shed.
Backyard beautiful: had/has garden, deck, pool, swing, private sitting areas… finished(!!) walk-out basement… a real beauty!! See parcel pic for the setup of the yards & privacy from neighbors.
- “neutral”
- tall ceilings
- BigBrick covered porches front -&- rear
- A+ landscaping
- brick appears nicely pointed
You have a gameroom, new parts, excellent indoor & outdoor space, & a high cap right now.
Has a bar! It might not stay but it shows the capacity for some sweet setups on 3 full-sized, finished floors! Usable square footage if you include the basement more like 1,680 (1120+560 [<main floor size]).
Check the StreetView at the bottom .. superb street! Very good level, larger lot.
The last guy took far better photos than me when it was listed in 2015 .. really shows the capabilities of the in/outdoor spaces (not my Zillow photos).
More photos of SFR comps in Stowe (<2k sq.Ft., max build year: 1949): here!
House was mint when sold in 2015 & was further upgraded w/new main components.
- Taxes: $1,486
- Electric: Updated
- Plumbing: Updated
- Kitchen: Good
- Bath: Recently updated
- Roof: 15 yrs old
- Furnace: 4 yrs old
- Hot Water Tank: 3 yrs old
- Windows: Multi-paned
- Floors: 2
- Parking: On-street
- Rental Potential: $1,275+/mo