Flip report generated Mar 2, 2025
The Flip Potential of
4245 Overton Ave Nottingham, MD
is medium.
Current Specs
0 Bed / 1 Bath
2,640 sqft
$165 per sqft
Estimated Value$435,784
Flip Advice
This 1928-built property in Nottingham, MD presents an intriguing opportunity for a flip. With 2,640 sqft and a large lot of 256,133 sqft, it has significant potential. The property's current estimated value of $436K, up from its last sale price of $325K in 2021, indicates appreciation. However, it's important to note that the property only has 1 bathroom, which could be a limiting factor.
Consider a strategic renovation focusing on adding a bathroom and modernizing existing spaces. This aligns with the 'add bed bath' comp data, suggesting a potential value increase to around $472K. Given the property's age, factor in possible hidden costs for updates to older systems. The large lot size could also be leveraged for outdoor improvements or potential subdivision, adding further value.
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.