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Posted over 8 years ago

1910 American Foursquare: The Numbers

1910 American Foursquare: Boston Suburb (Walpole, MA, 02032)
1,785 Sq Ft | Single Family | 3 Beds | 1.5 Baths

This is an overview of our first flip. Future blog posts will dive into different areas of this process... from the sale to installing our first shower. 

Purchase: 
April 2012
- List Price $289,900, As Is
- Purchase Price: $285
- Negotiated: Replace Knob/Tube, Install Radon System

Repairs:
- Cost: ~$60k
- We performed: Fence/Deck/Patio Installation, Landscaping, Kitchen, 2 Bathrooms, Walls, Windows, Doors, and everything else
- Hired: Siding (23k of the 60k in a second mortgage), Floor re-finishing, Granite Counters, - Glass Shower Door, Some plumbing. 

Sale:
- August 2015
- Showed the property to 1 buyer, did not use RE Agents 
- Sale Price $444k
- Approximate Profit $99k + 2 years of housing

Before:Normal 1466695198 Img 0436

After:Normal 1466696319 Img 5323



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