Hopkinton Mass Townhomes ~ Just listed 4 Highcroft Way Hopkinton Massachusetts. Listed at $235,000. Listed by Bill Gassett, RE/MAX Executive Realty.
Unique opportunity awaits a buyer looking to finish a beautiful townhouse at The Village at Highland Park in Hopkinton! The condo had a burst pipe in January which caused water damage throughout the unit. The unit will need to be finished as it is being sold "as is". What a buyer will end up with, however, is a mostly NEW townhome in one of the best condo neighborhoods in the area!
This situation creates the perfect opportunity for someone to get into an awesome condo neighborhood and also have the opportunity to customize the home the way they want it completed.
The unit will need a new kitchen, a partial bath, 1st floor plaster, trim, paint and floors. The 2nd floor will need some plaster work, flooring & some bath work. There is also a finished lower level with a full bath that will need carpet installation.
There are a total of 6 rooms, 2 bedrooms, and 3.5 baths. There is 1828 square feet on the 1st two levels and about 300 additional square feet in the lower level. The condo fee is $593 per month. Some of the features include a large eat in kitchen, fireplaced family room with doors to private back yard, two very good size bedrooms and a nice master bath.
The Village at Highland Park has 26 units and is located off of Wedgewood Drive. It has easy access to highways and is also only located about a mile and a half away from the T station on the Southboro/Hopkinton line. As of May 2009, most of the condominiums in this neighborhood have a value between $350,000 - $400,000.
Click the link to see the video tour of 4 Highcroft Way Hopkinton Massachusetts.
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About the author: The above information on 4 Highcroft Way Hopkinton was provided by Bill Gassett, a 
Nationally recognized leader in his field. Bill can be reached via email at billgassett@remaxexec.com or by phone at 508-435-5356. Bill has helped people move in and out of Hopkinton MA and other Metrowest towns for the last 23+ Years.
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Bill what a unique opportunity indeed! What do other TH's in that area go for?
Bill - sounds like great potential for the right buyer. Pretty hefty condo fee, compared to ours here in general.
Jeff
Pam - Very good question. The value of most of the units in The Village at Highland Park would range between $350,000 - $450,000. I added this information to the post:)
Jeff - The condo fee here at the Highland Park condo's is also high for our area as well. There are only 26 units which is smaller than most neighborhoods. The area is really beautiful with extensive landscape.
Wow, at first glance I thought these pictures were of an unfinished basement, then I looked a little closer and read your summary and it was the actual house!
Unfortunately, I have been through this experience with a client of mine.
I wonder if the current condition will create lending or insurance complications?
Bill -- these look like they would be great for the buyer that want to add their own touch! Sometimes low condo fees are not that great because the reserves are not being built up. It looks like this association may be planning ahead and insuring against special assessments
Bill, I'll bet that place will be a beauty when it's done. And the buyer can choose their own items and materials. What a nice investment for someone.
Bill:
Looks great for a handy builder or contractor/investor.
I don't know how that is playing in your market.
Richard
Hi Bill, This looks like a great opportunity for the right buyer. Great price for your area!
Bill - Given the current sales prices these units are getting, this is definitely a great opportunity in a very desirable complex for a buyer who can customize this unit to their liking.
Thanks everyone for all your comments on my new listing at The Village of Highland Park. It will be interesting to see the kind of interest that is generated on a property that is technically like new construction.
Bill - This is an interesting listing. For the right person it could represent quite an opportunity. The condo fees are higher than they are in my area. Good luck for a quick sale.
Pam - Thanks for you comments on my Hopkinton townhouse for sale. The Village at Highland Park is an excellent neighborhood. It is a rare opportunity.
Hi Bill, even your unfinished listings are great! Good luck with the sale!
Tony - Thanks my friend. This should be an interesting one as there are not too many situations where you would find the chance to have a condo in an established neighborhood yet have it mostly new.
Bill - This unit is at that stage where the buyer can personalize it ,and that is a good thing. Sounds also like a good investment.
Jennifer - The Village at Highland Park has always been one of Hopkinton's best places to get a real quality townhome. The fact that someone will end up with a nearly new interior will be a fantastic opportunity.
Bill - that looks like a great opportunity for someone to buy a new townhome in the Village at Highland Park at a very good price.