Foreclosure deal makes money!

1010 dingletown.jpg

101 Dingletown Road was a dreadful 1966 house that an ambitious oriental developer tried, and failed, to turn into a silk purse. The bank got it and sold it for $2.050 million in 2018 to a builder and he, in turn, essentially rebuilt it. He put it back on the market 69 days ago at $3.495, and already has a contract. Well done; it isn’t often builders can pull this off, these days.

UPDATE: Per EOS’s request, here is the pre-renovation listing