Land sale on Meadowcroft

33 Meadowcroft Road (no link because listings are now yanked as soon as a property is reported pending), $3.7 million, slightly above its ask of $3.695.

2.55 acres in the R-2 zone, listing agent Joe Barbieri first brought it on the market in 2016 at $4.995 million but that listing expired unsold in 2018, and the exiting 1959 house was rented out (for $7,000, which gives an indication of its condition). Joe brought it back on at that same price in May 2019 and two years and several price cuts later has a buyer.

There have been quite a number of tear-down sales this past year; which should mean the next 2-3 years will be good years for builders.