Big sale in Calhoun Drive Assoc.

29 calhoun.jpg

29 Calhoun Drive, which just sold in April, 2017 for $5.7 million, was put back on the market not long ago at $5.875 and already has a pending sale. 

Calhoun's a good neighborhood, close to town, and if your kids are in private school, no problem. This is a Jordan Super project which, in my opinion, means no human-scaled rooms, especially bedrooms, but Saper builds to the market, and he's done very well over the years.

Those same houses usually don't do so well on resale, but in this case, after transaction costs, the seller will be coming out almost even, which for an ownership period of a year, is impressive.