For your entertainment:
Here’s a flip that just went active on Cape Cod. This house sold for $247K last November (although it went Here’s two different listings with different sets of old pics:
http://www.estately.com/listings/info/94-21310598
https://www.redfin.com/MA/Dennis/30-Baxter-St-02639/home/77387297/mlspin-71987596
I remember looking at this listing last year. The place was a dump. This house had been carved into several apartments that were being rented out, and looks pretty bad.
It didn’t have the waterfront I wanted, though, being on a river that is only about 60 feet wide at that point, and I didn’t want to/can’t take on a project like that, so I never saw it in person.
7.5 months later, it has come back on the market for $725K - almost triple!
https://www.redfin.com/MA/Dennis/30-Baxter-St-02639/home/77387297
It sure looks a lot nicer now! It will be interesting to see if they get anything close to this price. It’s way overpriced for the neighborhood, and only a couple houses down from the main drag. That may be good or bad - it is less than 5 minute’s walk from two donut places, two ice cream places, a food store, a liquor store, a bank, and a bunch of other stores.
Cb - come to Cape Cod! There are tons of places like this! 