walkitout (walkitout) wrote,
walkitout
walkitout

new housing in Acton

I was looking at recent property sales in Acton.

http://www.newenglandmoves.com/real-estate/property/80-harris-st-acton-ma-01720/land/mls-70957652/607353?pos=1&search=6db4b29ecb642b924a7bb8b7e54ece89b53ae171

Sorry about that. It works for me and I'm having trouble trimming it. Maybe you can find a better site:

$1,710,000 (Listed for $2,000,000)
80 Harris St., Acton, MA 01720
Land
7.42 Acres | MLS# 70957652

Anyway. Here's what is happening there:

http://www.thevillagesatmonumentplace.com/siteplan.html

From the first page:

"#3 JUST REDUCED Now $529K!!!"

Let's take that $500K as a nice round figure, giving 13.5 million for selling it out. But it isn't cheap to build in Metrowest; how much might they make on this? Here's one way to find out.

Even allowing for maxing out the finishes (which is unlikely), they should still make a couple million; if they don't max out the finishes, they should make even more.
Subscribe
  • Post a new comment

    Error

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 2 comments