Ouch

45 Orchard Pl

This condo in Greenwich sold for $1.650 million in 2007 and now, after 700 DOM and dropping its price to $1.290, has a contract.

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2 Responses to Ouch

  1. DebtVulture

    How much would this rent for? Could someone make an adequate return (at least 10%) buying at this level and then renting? I would say no since the rent would have to be >$13k to make that happen.

  2. They might make $13K – haven’t seen it yet, though.