Tuesday, August 31, 2010

Pristine 2-Family Upstarts Neighbor: 202 Clermont Avenue

Right next door to the subject of our first post, 204 Clermont Avenue, comes a 2-Family for the same price that somehow sells much faster, 202 Clermont Avenue. Now in contract, 202 Clermont spent much less time on the market and didn't have to undergo the same price-drop activity as its neighbor. To its credit, it appears the neighbor has recently boosted its listing with a few more pics. The exterior of 202 isn't in the same sort of disarray, but other than that, there should be no reason that 204 couldn't move the way 202 did (besides marketing, pricing, timing, etc...).

Poor 204 has to be crying, "Marcia, Marcia, Marcia!!!"

As always, we'll be fascinated to see what this property closes for.

Pro's: backyard, working fireplace, curb appeal, pretty stunning renovation, owner's triplex!!

Con's: pricing, 2-Family status, we like the location (though it's sort of a wash)

Ideally: This property goes to some baller who paid a premium for it because it's Corcoran and because it's nice. Worth it? Sure. We'd probably do it too, if we had the funds...

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