Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 01844 | $334,070 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5
Ask
$334,070
$273/sqft
Bid $
$227,457
Max bid / MAO
Room
~$106,613 over max bid · 32% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$86,465
$71/sqft
ARV
$372,670

Clearance (C) — bid physics. C = Bid $ ÷ Ask. We don't mint fake CLEARS. CLEARS · BID TARGET · WALK

Free: tape numbers + 3 Bid Checks/mo. Pro $15/mo: unlimited Bid Checks · streets + Deal Architecture.

Deal Architecture · Pro

Bid $ $227,457 · Ask $334,070

Walk-away max bid is free above — same math as the Bid/Pass Tape. Live waterfall, health, controls, and rehab bands unlock with Pro. We do not show a hollow OUR EDGE with empty dashes.

Go Pro $15/mo MAO calculator
Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft1225 sqft
ARV$372,670
List− $334,070
Rehab− $86,465
Gross profit$-47,866

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 01844

Street locked · 01844 · SINGLE_FAMILY $250,000 · 1279 sqft
Street locked · 01844 · CONDOS $350,000 · 1169 sqft
Street locked · 01844 · CONDOS $387,000 · 1304 sqft

Net pro forma

Includes closing costs & 2.96-month carry

Buy closing (2%)$6,681
Holding carry$11,411
All-in capital$438,627
Sell costs (6%)− $22,360
Net proceeds$350,309
Net profit $-62,682
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: $86,465

Baseline notes

Investor scope checklist

  • ▸Kitchen cabinets/counters are primary value-add
  • ▸Flooring and paint drive resale perception
  • ▸Exterior curb appeal strongly impacts ARV
  • ▸Mechanicals assumed functional; verify on inspection

Renovation budget

Total: $86,465
Kitchen — Full Replacement $48,000
Bathroom — Full Renovation $18,000
Interior Paint (1,225 sqft × $3.00) $3,675
Flooring — Hardwood Refinish (1,225 sqft × $4.50) $5,512
Contingency (15%) $11,278

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Stable

No enrichment data.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
15/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
1.0
Sqft
1225
Zip
01844

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

Similar flips

Same zip or nearby price band — Bid/Pass Tape rows

WALK Street locked · 01844

Street locked · 01844

Methuen, MA 01844

Ask$340,000
Bid $$232,517
Room~$107,483 over max bid · 32% of ask
WALK Street locked · 01844

Street locked · 01844

Methuen, MA 01844

Ask$435,000
Bid $$318,845
Room~$116,155 over max bid · 27% of ask
WALK Street locked · 01844

Street locked · 01844

Methuen, MA 01844

Ask$384,900
Bid $$274,295
Room~$110,605 over max bid · 29% of ask
WALK Street locked · 01844

Street locked · 01844

Methuen, MA 01844

Ask$799,900
Bid $$646,526
Room~$153,374 over max bid · 19% of ask
WALK Street locked · 01844

Street locked · 01844

Methuen, MA 01844

Ask$370,000
Bid $$255,870
Room~$114,130 over max bid · 31% of ask
← Bid/Pass Tape