I just fell off my chair......

http://www.mlsli.com/uniDetails.CFM?MLNum=1806979&typeprop=1&start=61&rpp=20

this house is in my neighborhood - I pass it every day.

A half a million dollars??? are they crazy???

That house probably cost $30K in 1980!!

and did you see those taxes?? For Farmingdale??

that's a LOT of money and those taxes are rediculous! but it's a beautiful house, very tasteful.

I live right around the corner - the outside in person does not look as nice as the picture. but lord, $499K???

my grandma laughs, she sold her house in Farmingdale in the 80s, but she bought it in the early 1950s for $5K!!

my parents paid $80K for their house in Nassau, in 1981. it's easily worth $650K today

The house looks in good shape. The pool really jacks up the taxes. Yep, that's just silly how much money these homes are going for.

My parents bought theirs in 1974 for $28,000. It's now worth about $500K. They sold it in 1994 for $175K.

Either way-that rate of return is great! I just think that people are getting priced out and can't even get their foot in the door. (Literally)

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Posted by dleeny

that's a LOT of money and those taxes are rediculous! but it's a beautiful house, very tasteful.

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Ditto!