This Syosset property presents moderate flip potential. Located in the desirable Oyster Bay neighborhood, the 2,822 sqft home on a generous 1-acre lot offers 4 beds and 2.5 baths. Built in 1968, it may benefit from updates to increase its $708/sqft value, which is below the area's average of $433-$475/sqft.
Consider targeted renovations to maximize ROI. Focus on kitchen and bathroom upgrades, as these often yield the highest returns. Evaluate the potential for adding a bedroom or bathroom, as comps show significant value increases for 5-bed, 3.5-bath homes in the area. However, be cautious of over-improving for the neighborhood.