NOT IN MLS: Herndon VA Home on 1.1782 Acres for only $824,900! $425K+ Below Renovated Comps! New Construction $2.5M+!
11993 Star Ct Herndon VA 20171
| Sale Price | |
| Sale Price: | $824,900 |
| Estimate Repairs: | $275K / 800K |
| After repair value: | $1.25M / 2.5M |
| Equity Potential: | $150K / 875K |
| Description of Home | |
| Type: | Detached Home |
| Bedrooms: | 4 |
| Bathrooms: | 3 |
| Levels: | 2 |
| Parking: | 2 Car Garage |
| Square Feet Total: | 1820+1820 |
| Lot Size(Acres): | 1.1782 acres |
| Sale Comps | |
| 3200 Cobb Hill Ln - Sold - $1,257,500 | |
| 11744 Stuart Mill Rd - Sold - $1,275,000 | |
| 10007 Murnane St (new construction) - Sold - $2,599,999 | |
Additional Information
INVESTOR AND/OR BUILDER ALERT!! This 2 level, 4br, 3ba home in Herndon VA gives investors and builders loads of options. The home has good bones, a couple of fireplaces, and a 2 car garage. It sits in a highly desirable area on a HUGE 1.1782 acre lot (which cannot be subdivided). A rehabber or owner occupant that wants to renovate a home in a highly desirable area. Homes in the same area and similar age and size are selling renovated for $1.25M+. You can purchase this home for only $824,900, which is $425K+ below renovated comps in the area! A builder or someone looking to build their dream home could tear the home down and build a new one. New construction homes are selling in the area for $2.5M+, giving you a $1.675M 'equity spread' to work with. Hurry, off market homes in this location don't come around often!
Disclosures
All information, including figures, are provided in good faith, but are not guaranteed to be accurate. Buyers should conduct their own due diligence. We are not agents and this is not a pocket listing. We are under contract with the title holder and considered principals in the transaction. Anyone attempting to contact the title holder will be viewed as intentional interference with a contract and legal action may be brought against you. Additionally, you will be permanently removed from our mailing list and the mailing list of other major wholesalers in the area.