10/20/2026
🏡 Just closed in Madison, CT
Listed at $382,500
Sold for $460,000
$77,500 over asking
Under contract in 8 days, with multiple offers
It was a bank-owned Cape and it needed a lot of work. My buyer’s offer was the one that won. In a competitive market, positioning and terms are what separate one offer from the rest.
Most people scroll past a house like this because of the photos. This one sits on 1.86 wooded acres on a street where the neighbors are at $1.2M and up. My buyer saw the lot and the location, saw the upside, and did their homework before the offer went in.
What would stop you from buying a bank-owned house like this?
If you’re serious about one, or have questions about the process, call or text me:
📞 860-209-3000
Zack DeCaro | CT Broker REB.0795525
Property Works New England