Flip report generated Dec 12, 2024
The Flip Potential of
36 Fairview Ave Great Neck, NY
is medium.
Current Specs
3 Bed / 2 Bath
Estimated Value$1,290,495
Flip Advice
The property at 36 Fairview Ave in Great Neck offers a prime location with a median listing price of around $1.19M, making it attractive for potential flips. However, the existing comps indicate that similar properties are trending lower in selling prices. Given its current valuation of approximately $1.29M, it may be slightly overvalued compared to recent sales data, which could impact profit margins when flipping.
To maximize appeal when selling, consider minor renovations such as fresh paint and landscaping. Avoid major overhauls given the overall condition. Monitor neighborhood trends closely, as a well-timed sale could still yield a profit despite current valuation concerns. Engage a local agent to leverage their insights into buyer preferences.
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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.