Flip report generated May 12, 2025
The Flip Potential of
115 Prospect Dr Stratford, CT 06615
is medium.
Current Specs
3 Bed / 1.5 Bath
1,679 sqft
$280 per sqft
Estimated Value$469,900
Flip Advice
This Lordship ranch property on a double lot offers significant flip potential. Just two blocks from water with no flood insurance required, it's ideal for builders and contractors. The home needs work (gutted bathroom, some walls removed) but has solid bones and spacious rooms in a prime location. Cash or renovation loan only.
Consider three renovation paths: complete the existing renovations, add a second floor to maximize value, or explore lot subdivision (previously two parcels). With Stratford's average home values at $432K and Lordship neighborhood median listing prices at $569K, there's substantial upside potential. Focus on modernizing while preserving the ranch style that appeals to the area.
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.