This 1929 single-family home in Mohegan Lake offers intriguing flip potential with its 2,112 sqft on a 15,054 sqft lot. Current valuations range from $488K-$548K, showing steady appreciation over recent years. The property's age suggests potential for significant modernization, though its last sale was in 1995 for just $119.5K.
Consider a comprehensive renovation focusing on kitchen and bathrooms to maximize ROI. Comp data shows adding a bedroom and bath could increase value to $573K (10% gain), while simply expanding square footage might yield a 15% increase to $597K. Given the property's age, budget for unexpected issues and focus on modern amenities that appeal to today's buyers.