Score
0Hopewell Junction, NY
118 Woodcrest Dr
725K
1 beds
2 baths
2 sqft
1 bd • 2 ba • 2 sf
This analysis was generated on 2/6/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.
AI Property Analysis
0:000:00 / 0:00
List Price
$724,600
Price/Sq.Ft
$362,300
Year Built
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Desirable Location: The property is located in Hopewell Junction, which offers a suburban setting with access to nearby amenities, schools (East Fishkill Central School District), and transportation options (Metro-North Railroad via Beacon or Poughkeepsie stations).
• High Median Income Area: The median income of $120,362 indicates a relatively affluent community, which can contribute to stable property values and a desirable living environment.
• Potential for Customization: The lack of detailed property information presents an opportunity for buyers to customize the home to their specific tastes and preferences through renovations or upgrades.
• Access to Rental Market: The presence of a rental market in Hopewell Junction, with rates ranging from $1,820 for a studio to $2,860 for a four-bedroom unit (as of 2023), suggests potential for rental income if the property meets local demand.
The Bad
• Extremely High Price per Square Foot: The listed price per square foot of $362,300 is astronomically higher than the Hopewell Junction average, which typically ranges from $200 to $300. This discrepancy suggests a significant overpricing or a data entry error.
• Missing Property Description: The absence of a property description raises concerns about the seller's transparency and may indicate potential issues or defects that they are not disclosing upfront.
• Limited Property Features: The lack of listed property features makes it difficult to assess the property's amenities, upgrades, or unique selling points, requiring a physical inspection for assessment.
• Unknown Year Built: The missing year built information makes it difficult to assess the property's age, potential depreciation, and compliance with current building codes.
• Small Size: The listed square footage of 2 sq ft is highly improbable for a house and suggests a significant error in the listing data. This calls into question the accuracy of other listed information.
The Ugly
• Inaccurate Property Size: The reported square footage of "2" is clearly an error. This calls into question the reliability of all other data provided. A property of this size is uninhabitable as a residence and will require extensive renovations or demolition.
• Unrealistic Pricing: Given the likely inaccuracy of the listed square footage, the asking price of $724,600 is completely detached from reality. Any offer at this price point would be highly inadvisable without a complete and independent property assessment.
• Complete Lack of Property Details: The absence of any description, room details, or utility information is a major red flag. This suggests either extreme neglect on the part of the listing agent or an attempt to conceal significant problems with the property.
• Unknown Condition: Without any information about the property's condition, potential buyers face the risk of extensive and costly repairs. Foundation issues, structural damage, or environmental hazards could render the property uninhabitable or significantly devalue it.
• Legal and Permitting Risks: Attempting to renovate or rebuild a property with such limited information carries significant legal and permitting risks. Zoning regulations, setback requirements, and environmental restrictions could severely limit development options.
Who is this property for?
These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.
Best For
• Buyers Seeking Significant Renovation Projects: The property's ambiguous condition and limited information present an opportunity for those looking to customize a home to their specific tastes and increase its value through strategic improvements.
• Individuals Comfortable with Uncertainty: Given the lack of detailed property information, this listing may appeal to buyers who are open to exploring unique situations and conducting thorough due diligence.
• Buyers Interested in a Specific Location within Hopewell Junction: The address provides a specific location, which may be ideal for those already familiar with the area and seeking to remain in the neighborhood.
• Investors Open to Various Strategies: With limited information, the property could be suitable for different investment approaches, such as a fix-and-flip, rental property, or long-term development project, depending on zoning regulations and market demand.
Not For
• Buyers Seeking Move-In Ready Homes: The property's lack of detailed information suggests it may require significant renovations or repairs, making it unsuitable for those seeking a turnkey residence.
• Individuals with Limited Renovation Budgets: If the property requires substantial work, it may not be a good fit for buyers with limited financial resources for renovations or unexpected repairs.
• Buyers Unfamiliar with Hopewell Junction: Without specific property details, it may be challenging for those unfamiliar with the area to assess its suitability, requiring significant research and due diligence.
• Risk-Averse Buyers: The absence of property details introduces a higher level of uncertainty, making it less appealing to buyers who prefer transparency and predictability in their real estate transactions.
Demographics
Area Median Income
$120,362
Property History
Price History
Ownership Timeline
$580,000Cash Purchase
May 4, 2020Garry Hansen, Jean HansenVictor Selca, Johanna Sanjanin
Deed
Standard Sale (Purchase/Resales)
Sunlight Analysis
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Sunlight Analysis
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Schools
Nearby school quality by education level
Elementary
6.0/10
GoodMiddle
5.0/10
AverageHigh
6.0/10
GoodFinancials
Monthly Costs
Market Rent (1 bed)
Get a detailed estimate on Zillow$1,850
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