Jump to content
Sign in to follow this  
Jim Morrison

Think you've seen everything?

Recommended Posts

Check this out. A developer bought a property for just under $1 million. He then renovated it with all kinds of next-level survivalist, high-level storm-protection/security features, and has it on the market for $5.7 million. 

Mind you, construction isn't finished and no one can see it until spring.

http://realestate.boston.com/news/2019/10/23/you-need-to-pass-a-cori-check-to-tour-this-listing/

Anyone ever seen anything like this before? I sure haven't.

 

 

  • Like 1

Share this post


Link to post
Share on other sites

Interesting concept-intentionally enticing mobsters to buy in small-town New England. 

I read the linked listing and found it incredible that the listed property taxes are  just $10k? That can't be right.  A 5 million dollar house in NY State would have roughly $200k in property taxes per year. Most counties in NY  have tax rates around $40 per thousand of assessed value. A house that's worth just $250k has $10k in property taxes.

  • Like 1

Share this post


Link to post
Share on other sites
On 10/24/2019 at 9:58 AM, Chad Fabry said:

Interesting concept-intentionally enticing mobsters to buy in small-town New England. 

I read the linked listing and found it incredible that the listed property taxes are  just $10k? That can't be right.  A 5 million dollar house in NY State would have roughly $200k in property taxes per year. Most counties in NY  have tax rates around $40 per thousand of assessed value. A house that's worth just $250k has $10k in property taxes.

Good catch, Chad. This house is being built, so I presume the $10K tax bill is based on the previous value which was about $950K. 

Share this post


Link to post
Share on other sites
On 10/23/2019 at 9:45 PM, Jim Katen said:

I can't even imagine what it would be like to inspect that place and I know I wouldn't like working for anyone who would want to buy it. 

You'd never pass the background check.

Share this post


Link to post
Share on other sites
I have never heard of such a thing before. I agree that I would not want to work for those who would buy it. But such a security system is amazing. It is like a fortress. It’s difficult to even get in and see this housing, let alone a potential thief.

 
 
 
 
 
 

Share this post


Link to post
Share on other sites

I worked as a consultant on a house on Beaver Island Michigan that flew the crew in and out each day.  Supposedly it was a security effort, but how in the hell can you fly to an island in Lake Michigan every day and not know where you are?  It all pays the same - fighting and marching!

 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  



×
×
  • Create New...