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Wings Neck Rental Available

September 27, 2016 by Nadine

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wings-neck-lighthouse — *Photo Credit: Nadine Krasnow*

The owners of the wonderful home I rented by the lighthouse on Wings Neck called to let me know the house is becoming available again. If I could live in two places at the same time, I’d jump on it.

It’s a wonderful, young home in a spectacular setting at the very tip of Wings Neck. (The photo of the lighthouse on the header above is one I took during my time there. Dramatic!)

Spread the word, and call me if you or someone you know wants to see it! It’s a fabulous 3-bedroom, 2-bath home for $2,100 a month in a million-dollar neighborhood with one of the most sensational views on Cape Cod. Opportunities like this don’t come up very often. I loved living there![/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

Trade-Offs, Part 2

September 22, 2016 by Nadine

#21606308
581 Locustfield Road, East Falmouth
$569,000

This is a charming home, one I describe as a “sophisticated farmhouse”. What’s that? A simple home, with exposed beams and nice detail; an updated kitchen and bathrooms; an unusual floor plan that includes entry through a screened porch; and orientation to the 2 acres of grounds with heated pool and hot tub. What’s not to like? Probably the sound of traffic going by, which included the rumble of lots of construction trucks the day I was there. But also, there’s no garage or central air, and the house is set sideways on the lot, without much curb appeal. This all would be an acceptable trade-off at a lower price, but I feel there are better choices in this price range.

#21605527
80 Eel River Road, Falmouth
$2,595,000

Going to the other end of the price spectrum, here’s a good example of an expensive house that still has trade-offs. The good: It’s young, built in 2011, so has a super floor plan, nice detail, fabulous kitchen and baths, and lovely expansive views of the water from the living spaces and the decks and patio that run the entire length of the house. The trade-offs: The next-door house is really close. In addition, the bedrooms are, well let’s just say, not large. Not small, but smaller than what we usually see in this price range. Also, there are three bedrooms in the main house, and the other two are part of a suite over the (3-car) garage. This could be good, or not, depending on the buyer.

#21605646
223-217 Meadow Neck Road, East Falmouth
$5,295,000

This is among the most expensive homes currently on the market, and the reason is obvious: It’s two homes, on two separate waterfront lots. One home is young, large, gracious, on two acres and with a lovely sandy beach on Waquoit Bay. The day I visited, there were a couple of clamdiggers in front. The other home is a small guest house, very cute, clean and comfortable on its own acre and with an in-ground pool. This smaller home would probably sell in the million-dollar range (although the listing agent estimated $1,800,000). Either way, is the other home and property then in the $4,000,000 range? We’ll see, but seems high to me. There is no dock and Waquoit Bay is shallow. In my experience, it’s the boaters who spend the bucks on expensive waterfront properties, and this one wouldn’t be conducive to keeping the boat at home. At least, if the boat is bigger than a kayak or a dinghy!

Trade-Offs, Part 1

September 21, 2016 by Nadine

I often say that every home – even the most expensive – comes with trade-offs. Here are some current examples:

#21606219
32 Jeffrey Lane, Falmouth
$279,000

Not a tiny house, but a small house – 908 s.f. The bedrooms are decent-sized, the closets are good, the house is younger (1994) and nicely built and maintained, the lot is 12,000 s.f., and there’s a good buffer of trees in back. The street is a nice cul-de-sac of similar homes. For under $300K, it’s probably the nicest house in town. Trade-off? No garage.

#21605721
5 Roberta Jean Circle, Falmouth
$369,900

Here’s a cute, 1,296 s.f. ranch with 3 bedrooms, 2 full baths, a one-car garage, central air, hardwood floors, gas heat, irrigation, and a private yard that’s just the right size. And it’s in great condition! The trade-off? It’s a corner lot, and one of the streets is Old Meetinghouse, which gets quite a bit of traffic. But this is on the garage side of the house, so it’s invisible, and even the sound is buffered by the garage. I was not aware of the traffic when I was inside the home. So maybe this is an easy trade-off. The home is certainly well-priced, and offers good value.

#21606539
21 Pine Street, Falmouth
$539,900

This is a young, 3-bedroom, 3-bath, 1,799 s.f. condo that’s nicely built and in a nice location. It has that much-wanted first-floor bedroom suite, as well as 2 bedrooms and a loft upstairs. The living-dining area is a little tight as a result of the first-floor garage. The trade-off for this unit is that the location within the complex is such that views are of the street or the house to the rear.

Income Producers

September 16, 2016 by Nadine

Coincidentally, this week I’ve also seen a few homes that offer solid income potential. Each is a little different, but here they are:

#21606888
25 Wohelo Drive, North Falmouth
$448,000

This is a younger split entry in North Hill, a favorite family neighborhood. The lower level is an illegal apartment currently lived in by an older parent. It would probably rent for $1000-1200 a month. The downside is that it is open to the rest of the house, and the house itself needs some sprucing up. This would be ideal as an in-law, or separate quarters for someone connected with the owners.

#21606746
28 Heather Lane, North Falmouth
$459,900

Also in North Hill, this is a 2,306 s.f. Colonial with a completely separate first-floor apartment, currently occupied by an active single woman in her 60’s who would like to stay. She pays $1200 a month rent, so this house will appeal to anyone who wants to reduce living expenses substantially while still retaining privacy and having comfortable spaces of one’s own. I picture this as a second-home owner, here on weekends. What a great opportunity!

#21605156
49 Silver Beach Avenue, North Falmouth
$549,000

Here’s your grandparents’ beach house, complete with natural wood beadboard, narrow staircase and hallways, vintage kitchen and baths, and entry through the sunporch that runs the length of the front of the house. No central air, but New Silver Beach is a quick walk, and the house generated $20,000 from one July 1 – September 1 rental this summer. That’s a pretty good return on investment, one that’s hard to match with most investments!

All In A Week’s Work

September 15, 2016 by Nadine

I spent a good part of this past week with a couple from Florida, here to buy a summer home. Much to the woman’s surprise, they flew home today with the most charming house just off Sippewissett solidly under agreement to them, and with the inspection accomplished as well.

How’d we do this? To begin with, they’ve been online for what seemed to be 18 hours a day for at least the last month. After basic familiarization with neighborhoods and prices, it stopped being productive, because you really just have to put your feet on the ground and see the neighborhoods; assess your reaction; evaluate your priorities (in this case, kayaking vs. biking; away from town vs. being near downtown); and figure out what trade-offs you’re willing to make. Because there are always trade-offs!

The first day, we looked at 20 homes, either by drive-bys or going inside. It was an exhausting day, but by the next day, there were only a few homes that made the short list to see again. Here are some:

#21606802
211 Great Bay Street, Falmouth
$975,000

What a sweet house, so “beachy” and with glorious views! But on the second day, surrounding homes not consistent with the quality and value of this one took it off the list.

#21605741
55 Seashell Lane, Falmouth
$900,000

This house is so similar to mine that I’m positive it was designed by Walter Yarosh, the same Falmouth architect who designed my house. (He was busy in the 90’s; I keep seeing variations on the theme.) This one is still original, but because I’ve just done a major renovation that included reconfiguring some spaces, it was easy for me to help my buyers envision what the house could be. The setting, directly on Great Pond and facing west; and with a neighborhood dock, is superb. But in the end, the prospect of managing a project of this scope long distance also took this one off the list.

#21607478
11 Place Road, Falmouth
$650,000

This is the one that rose to the top. The location is superb in every way, with a neighborhood trail to the bike path; a short half mile to glorious Woodneck Beach; and less than a mile to the activities and pleasures of Main Street, Highfield Hall, and Beebe Woods. The price was fair, and because the buyers had seen so many homes, they had a solid sense of value and understood that. The space was just right, not too big but not too small. The trade-off is that yes, it does need a new kitchen and the addition of central air. The buyers would have loved to have found a house that had these already, but they have a contractor they trust, and once the work is done, they’ll have a wonderful Cape house (with a spectacular kitchen!) in exactly the spot they wanted. A great week!

CALL TODAY!

617.921.7552
508.457.7552

Wings Neck Rental Available

Trade-Offs, Part 2

Trade-Offs, Part 1

Income Producers

All In A Week’s Work

Buh-Bye Winter!

An Old Silver Winter

Winter Beach Walks