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Street locked · 11355 | $339,000 Flip Analysis — FlipScout
Property photo 1 Property photo 2 Property photo 3 Property photo 4
Ask
$339,000
$452/sqft
Bid $
$346,122
Max bid / MAO
Room
~$7,122 under max bid · 2% of ask
vs max bid
Verdict
CLEARS
Clears at $339,000
Rehab
$24,241
$32/sqft
ARV
$484,812

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 $ $346,122 · Ask $339,000

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.

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Flip math

Value-add ARV

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

Implied ARV $/sqft
Subject sqft750 sqft
ARV$484,812
List− $339,000
Rehab− $24,241
Gross profit$121,571

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 11355

Street locked · 11355 · CONDO $832,800 · 744 sqft
Street locked · 11355 · CONDO $660,000 · 730 sqft
Street locked · 11355 · CONDO $702,811 · 727 sqft

Net pro forma

Includes closing costs & 4.0-month carry

Buy closing (2%)$6,780
Holding carry$12,430
All-in capital$382,451
Sell costs (6%)− $29,089
Net proceeds$455,723
Net profit $65,646
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab: —

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: $24,241
Renovation Budget (estimated) $24,241

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
40/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
1
Baths
1.0
Sqft
750
Zip
11355

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

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