Flip report generated Mar 10, 2025
The Flip Potential of
463 Chenango St Binghamton, NY
is high.
Current Specs
3 Bed / 3 Bath
1,874 sqft
$4 per sqft
Estimated Value$8,000
Flip Advice
The property at 463 Chenango St in Binghamton, NY has low flip potential. It was last sold in 2014 for only $8,000, which is extremely low compared to the median listing price of $127,450 in the Northside Binghamton neighborhood. The home is quite old, built in 1920, and likely needs significant renovations given its low previous sale price.
Given the extremely low last sale price and age of the home, extensive renovations would likely be needed to make this property marketable. The cost of those renovations could easily exceed potential profits, especially considering the relatively low median home values in the area. Unless you can acquire the property for well below market value, I would not recommend pursuing this as a flip opportunity.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.