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12 Cape & Islands Flips on the Market Right Now

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The other day when we were combing though the listings in search of fixer-uppers, we couldn't help but notice a number of newly shingled abodes with fresh paint on the walls and granite countertops in the kitchens. The properties had all sold in 2012 or 2013 and were back on the market, post-renovation, with much higher price tags. Most of the listings had something else besides brand new stainless steel appliances in common - pricechops. In fact, the chopper visits some of these spreads every other week! Those certainly sound like flips to us. Here's map of 12 Cape Cod, Martha's Vineyard and Nantucket "NEW! NEW! NEW!" and "completely transformed!" properties, asking $179,900 to $2,450,000, on the market right now.


· 10 Cape & Islands Fixer-Uppers On the Market Right Now [Curbed Cape Cod]

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1. 12 Pheasant Lane

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12 Pheasant Lane
Sandwich, MA 02563

"NEW, NEW, NEW!!!!" This 3BR, 2BA Raised Ranch last changed hands in November 2012 for $142,000. Post-granite countertop installation, the 1,800 square footer debuted on the market in July for $349K. Five pricechops have since brought the ask down to $314,999.

2. 114 W Falmouth Highway

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114 West Falmouth Highway
Falmouth, MA 02540

After selling in June for $223,000, this 3BD, 2BA Cape returned to market "professionally remodeled and renovated" in early September for $339,000. Four pricechops later, the 1,428 square footer is down to $309,900.

3. 187 Crocker's Neck Road

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187 Crockers Neck Road
Cotuit, MA 02635

Last sold in June 2012 for $240K, this 2BR, 1BA returned to the market post-reno in July 2013 seeking $365K. After a September pricechop, the 1,104 square footer is now hoping for $349K.

4. 183 Sturbridge Drive

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183 Sturbridge Drive
Osterville, MA 02655

Built in 1970, this 3BR, 3.5BA sold in January for $331,035. The newly renovated home on .25 acres hit the market on October 10 for $699,000, sliced the price to $695,000 on October 24 and chopped again on November 1 to $679,000.

5. 17 Cyrus Drive

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17 Cyrus Drive
Centerville, MA 02632

Purchased in March for $160K, this 2BD, 2BA was renovated with the usual suspects and returned to the market in September asking $279,900. An October meeting with the chopper brought the price tag down to $269,900.

6. 27 Yacht Club Road

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27 Yacht Club Road
Centerville, MA 02632

Here's a "newly renovated Nantucket Shingle-Style Cape" with 3BD, 2BA in 1,300 sq. ft. The property, with deeded beach rights to Lake Wequaquet, sold in November 2012 for $185K and re-emerged in September asking $429K. Two October pricechops have brought the ask down to $399,900.

7. 72 Grove Street

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72 Grove Street
Hyannis, MA 02601

In March, this 3BD, 1BA sold for an even $100K. The property hit the market in August post-reno looking for $198,900. Four meetings with the chopper have brought the price tag down to $179,900.

8. 15 Paine Road

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15 Paine Road
South Yarmouth, MA 02664

"Completely remodeled like brand new" since selling in May 2012 for $263K, this 3BD, 3BA returned to the market in January looking for $349,500. Three chops later, the 1,980 square footer is asking $325K.

9. 221 Rock Harbor Road

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221 Rock Harbor Road
Orleans, MA 02653

Built in 1951, this 4BR, 2BA Cape has been "transformed to include modern day amenities..." The 1,416 square footer on 1.1 acres sold in March for $325K and returned post-makeover in August asking $489K. A September slice brought the ask down to $475K.

10. 97 William Street

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97 William Street
Vineyard Haven, MA 02568

The renovation of the Berkshire House, a circa 1833 Greek Revival on historic William Street, is scheduled to be completed by mid-November. The 5BR, 4BA sold in December 2012 for $1,100,000 and hit the market again in May for $2,650,000. A July pricechop brought the ask down to $2,450,000.

11. 16 East Lincoln Avenue

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16 East Lincoln Avenue
Nantucket, MA 02554

After selling in July 2012 for $1,495,000, this Brant Point 3BD, 2BA returned to the market newly renovated in August 2013 with a $1,995,000 ask.

12. 27 W Sankaty Road

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27 West Sankaty Road
Nantucket, MA 02554

"Tuckaway" is a 1920 'Sconset cottage that last sold in February 2012 for $751,500. After a 2013 nip and tuck, the 3BD, 2BA was rented for the season, "grossing just under $50k." The 1,014 sq. ft. Craftsman hit the market in September asking $1,795,000.

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1. 12 Pheasant Lane

12 Pheasant Lane, Sandwich, MA 02563

"NEW, NEW, NEW!!!!" This 3BR, 2BA Raised Ranch last changed hands in November 2012 for $142,000. Post-granite countertop installation, the 1,800 square footer debuted on the market in July for $349K. Five pricechops have since brought the ask down to $314,999.

12 Pheasant Lane
Sandwich, MA 02563

2. 114 W Falmouth Highway

114 West Falmouth Highway, Falmouth, MA 02540

After selling in June for $223,000, this 3BD, 2BA Cape returned to market "professionally remodeled and renovated" in early September for $339,000. Four pricechops later, the 1,428 square footer is down to $309,900.

114 West Falmouth Highway
Falmouth, MA 02540

3. 187 Crocker's Neck Road

187 Crockers Neck Road, Cotuit, MA 02635

Last sold in June 2012 for $240K, this 2BR, 1BA returned to the market post-reno in July 2013 seeking $365K. After a September pricechop, the 1,104 square footer is now hoping for $349K.

187 Crockers Neck Road
Cotuit, MA 02635

4. 183 Sturbridge Drive

183 Sturbridge Drive, Osterville, MA 02655

Built in 1970, this 3BR, 3.5BA sold in January for $331,035. The newly renovated home on .25 acres hit the market on October 10 for $699,000, sliced the price to $695,000 on October 24 and chopped again on November 1 to $679,000.

183 Sturbridge Drive
Osterville, MA 02655

5. 17 Cyrus Drive

17 Cyrus Drive, Centerville, MA 02632

Purchased in March for $160K, this 2BD, 2BA was renovated with the usual suspects and returned to the market in September asking $279,900. An October meeting with the chopper brought the price tag down to $269,900.

17 Cyrus Drive
Centerville, MA 02632

6. 27 Yacht Club Road

27 Yacht Club Road, Centerville, MA 02632

Here's a "newly renovated Nantucket Shingle-Style Cape" with 3BD, 2BA in 1,300 sq. ft. The property, with deeded beach rights to Lake Wequaquet, sold in November 2012 for $185K and re-emerged in September asking $429K. Two October pricechops have brought the ask down to $399,900.

27 Yacht Club Road
Centerville, MA 02632

7. 72 Grove Street

72 Grove Street, Hyannis, MA 02601

In March, this 3BD, 1BA sold for an even $100K. The property hit the market in August post-reno looking for $198,900. Four meetings with the chopper have brought the price tag down to $179,900.

72 Grove Street
Hyannis, MA 02601

8. 15 Paine Road

15 Paine Road, South Yarmouth, MA 02664

"Completely remodeled like brand new" since selling in May 2012 for $263K, this 3BD, 3BA returned to the market in January looking for $349,500. Three chops later, the 1,980 square footer is asking $325K.

15 Paine Road
South Yarmouth, MA 02664

9. 221 Rock Harbor Road

221 Rock Harbor Road, Orleans, MA 02653

Built in 1951, this 4BR, 2BA Cape has been "transformed to include modern day amenities..." The 1,416 square footer on 1.1 acres sold in March for $325K and returned post-makeover in August asking $489K. A September slice brought the ask down to $475K.

221 Rock Harbor Road
Orleans, MA 02653

10. 97 William Street

97 William Street, Vineyard Haven, MA 02568

The renovation of the Berkshire House, a circa 1833 Greek Revival on historic William Street, is scheduled to be completed by mid-November. The 5BR, 4BA sold in December 2012 for $1,100,000 and hit the market again in May for $2,650,000. A July pricechop brought the ask down to $2,450,000.

97 William Street
Vineyard Haven, MA 02568

11. 16 East Lincoln Avenue

16 East Lincoln Avenue, Nantucket, MA 02554

After selling in July 2012 for $1,495,000, this Brant Point 3BD, 2BA returned to the market newly renovated in August 2013 with a $1,995,000 ask.

16 East Lincoln Avenue
Nantucket, MA 02554

12. 27 W Sankaty Road

27 West Sankaty Road, Nantucket, MA 02554

"Tuckaway" is a 1920 'Sconset cottage that last sold in February 2012 for $751,500. After a 2013 nip and tuck, the 3BD, 2BA was rented for the season, "grossing just under $50k." The 1,014 sq. ft. Craftsman hit the market in September asking $1,795,000.

27 West Sankaty Road
Nantucket, MA 02554