I probably can get 1500-1800 per month rent for a 3 bedroom, 2 bath (appx 1200 square feet) and can build for 174,500.

Hello All,Today is the day I decided to upgrade myself from being a lurker to being an actual poster. For some background info, I am 22 years old, and I graduated college in May 2024 with my bachelor's in construction...

I have a listing in Lawrence square Lawrence and ravens crest in Plainsboro right now.

This single-family residence spans approximately 4,250 square feet and features 5 bedrooms and 5 bathrooms.

Constructed in 1910, this property features a total of 2,793 square feet of living space.

Built in 1961, this residence offers 4 bedrooms and 2 bathrooms within approximately 1,500 square feet of living space.

I use one of the most expensive snow removal companies in town for a 16-plex that has 240 linear feet of sidewalk and 10,000 square feet of parking lot.

After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property? 

Figuring out the true cost will heavily depend on the type of dig down, depth, and total square footage. 

Built in 1905, this property features a total of 2,832 square feet of living space, divided into two units.