Anonymous
10/11/2023 14:07
Subject: strange lot for sale in Bethesda
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It went for 77K, someone got a steal.
Um, how so, exactly?
It’s a very small piece of land, house is probably going to be narrow but between site costs and the cost of the land, you’re in about $250K. That’s not bad for MoCo and the school system looks really good. Price is also cheap enough that owners can sit on it and build once rates normalize. If it’s a land loan, they have about 3 years before they need to build.
I wonder if it was an individual or a builder who bought it.
If it's an individual I would guess they are at least in a building adjacent field. There's some specialized knowledge that would be helpful to feeling confident about the potential there.
Anonymous
10/11/2023 13:37
Subject: strange lot for sale in Bethesda
Anonymous wrote:Anonymous wrote:Anonymous wrote:It went for 77K, someone got a steal.
Um, how so, exactly?
It’s a very small piece of land, house is probably going to be narrow but between site costs and the cost of the land, you’re in about $250K. That’s not bad for MoCo and the school system looks really good. Price is also cheap enough that owners can sit on it and build once rates normalize. If it’s a land loan, they have about 3 years before they need to build.
I wonder if it was an individual or a builder who bought it.
Anonymous
10/11/2023 07:43
Subject: strange lot for sale in Bethesda
Anonymous wrote:Anonymous wrote:It went for 77K, someone got a steal.
Um, how so, exactly?
It’s a very small piece of land, house is probably going to be narrow but between site costs and the cost of the land, you’re in about $250K. That’s not bad for MoCo and the school system looks really good. Price is also cheap enough that owners can sit on it and build once rates normalize. If it’s a land loan, they have about 3 years before they need to build.
Anonymous
10/10/2023 21:04
Subject: strange lot for sale in Bethesda
Anonymous wrote:It went for 77K, someone got a steal.
Um, how so, exactly?
Anonymous
10/10/2023 19:41
Subject: strange lot for sale in Bethesda
It went for 77K, someone got a steal.
Anonymous
09/15/2023 13:01
Subject: strange lot for sale in Bethesda
That whole area has public water and sewer.
Anonymous
09/15/2023 05:45
Subject: Re:strange lot for sale in Bethesda
. Isn't there water and sewer in Carderock?Anonymous wrote: there is no mention of the perc test in the listing. It is worthless if it doesn't perc