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Bellport flip bought for $230K, listed for $489K, now heavily discounted

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Flipped fast and priced high, a tiny Bellport ranch just took a tumble on the market.

The two-bedroom, one-bath ranch at 533 Bourdois Ave. was purchased Jan. 30 for $230,000 and relisted on March 20 for $489,000, a 113% markup. The owner is now asking $399,000 after being back on the market for nearly two months.

The 800-square-foot home was built in 1961 and underwent a quick renovation that listing agent Millennium Homes describes as “complete,” with upgrades that include new windows, roof, siding, plumbing, electrical work, boiler and asphalt driveway.

The home features a bright living room with a custom wood-burning fireplace, an updated eat-in kitchen with quartz counters and stainless steel appliances, a full bath, and laundry area.

Move-in ready

The kitchen features all new appliances (Millennium Homes).

With 20 percent down, the monthly mortgage payment would run about $2,840.

The home is gas-heated and sits on a fully fenced lot. The listing invites buyers to “just move in and unpack.”

Step inside 533 Bourdois Ave.

Scroll down for a closer look at the two-bedroom ranch and its top-to-bottom renovation.

The home includes a fireplace (Millennium Homes).
The flooring in the kitchen, as well as the windows, are new (Millennium Homes).
New windows and fresh paint throughout the house (Millennium Homes).
The home has 800 square feet of living space (Millennium Homes).
This is the home’s one bathroom (Millennium Homes).
The laundry room features a new washer and dryer, as well as a new water heater (Millennium Homes).
The backyard is cleared and has ample room for a dog and children to run around (Millennium Homes).

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