On a slow real estate day finally, some news
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234 Riverside Avenue has a contract. Currently priced at $4.495 million, it started in 2017 at $5.250, but $4.5 is still a nice return on a lot purchased for $2 in 2015. For Riverside, its 3/4 acre is considered large, and the builder took the opportunity to put in a small pool. I wouldn’t have devoted lawn space to a pool, but some people, like this buyer, like them. We’ll never know, but I wonder whether earlier potential buyers passed because of this feature?
