While “I’m old fashioned” tinkles from the player piano in the drawing room.
37 Meadow Wood Drive, Belle Haven peninsula / I-95 corridor, $4.8 million. Sold for $5.950 in 2002, but only $4.0 in 2004, so $4.8 would seem to indicate a climb from the bottom.
30 Lismore Lane
30 Lismore, off Round Hill Road, $2.350 million. I would estimate its land value as about this much, so someone got a free house on this deal.
53 Locust Street, condos, units A and B, $1.235 apiece. Another bad Patriot Bank loan, these asked $2.195 each in 2005 but didn’t get it, and Patriot sold them off. You numbers guys can figure out whether these work as investments, but I’d estimate rents of $5500 – $6,000 per unit?
