Thursday, June 3, 2010

Too Good to be True?

Year Built: 1750
Square Feet: 3,000
Bedrooms: 3
Property: 1.2 acres
Location: Cortlandt (with a Croton address and Hendrick-Hudson schools), on Watch Hill Road.
Best features: From the front porch to the gorgeous floors to the many fireplaces, this oldie looks like a goody. The rooms are big, the many windows bring in lots of light, and there's loads of country charm. Both the taxes and the asking price seem remarkably low for what you're getting.
Downside: What's the catch? My guess would be the location—just over 300 yards from Route 9 (which is a highway here) on one side and about 300 yards from the power lines on the other side. Beyond that, the kitchen looks like it could use a refresh.
Taxes: $6,077
Asking Price: $545,000


Anonymous said...

Your headline is exactly right. We looked at this house the day after it came on the market, and already there were multiple offers. We added ours to the pile. The sellers then held an open house and accepted more offers over the weekend, generating still more offers. Then they came back and gave all 5 parties a chance to up their offers. Needless to say, we didn't get it.

Northern Westchester Home said...

Thanks for the information! It does seem like a lot of house (both in size and quality) for the money. According to the WPMLS it is not in contract yet...

Anonymous said...

According to Redfin, this ended up selling for $603,500.