8 Indian Point Lane, Riverside, $2.350 million. That’s a steep drop from the $4.795 million estimated as its value 428 days ago (Have I mentioned that there is a very low, even non-existent entry barrier to this “profession”?) but seems just about right to me. This is a nothing-special house, dated, and most of its 1.5 acres is under the salt water pond you see in the background, but at this price the buyer can just live in it as is and be on a great street in a nice area for what in Riverside passes for not a lot of money. My favorite part of the agent-to-agent notes? “Early closing possible”. Ooops.
47 Indian Field Road, a 1900 home converted to multi=family and neglected ever since sold for $928,000. Rents being what they are these days, I suppose the new owner can do nothing to the building and collect a decent return. And when it falls down and he must rebuild, he’ll have a large lot on which to do so.