Flipping foreclosures for fun, sure, but for profit?

 39 Mohawk Lane

39 Mohawk Lane

I'll be curious to see how the owners of 39 mohawk Lane make out. They bought this property via foreclosure auction in 2015 for $1.6 million and have resisted it today for $3.195. 

The listing says it's been completely renovated and is in "like new" condition, and perhaps that's so - I haven't seen it yet. Judging from the pictures of that 2015 listing, though, I'm not sure how complete that renovation was. But if the mechanicals, roof, windows; all the unsexy, important stuff, has been replaced, then this is probably a decent price, Mohawk Lane location or not.