The Tudor-style home, where Donald Trump lived until he was 4, sold for $1.39 million in 2016, and then was subsequently sold at auction in 2017 for $2.14 million, according to Paramount Realty USA. After that sale, it was listed on Airbnb for $750 per night.
The home is modest, but "I wouldn't be surprised to see a sales price anywhere from $3 million to $6 million or more," Misha Haghani, principal of Paramount Reality USA, tells CNBC Make It.
The median list price per square foot in Jamaica Estates, where the home is located, is $573, according to Zillow. A $3 million price tag on Trump's 2,500 square foot childhood home would be $1,200 per square foot.
"I don't believe we are selling real estate," Haghani said. "We are selling something with significant intangible value, and value is truly in the eyes of the beholder."
Take a look inside.
Donald Trump's father, Fred Trump, was a real estate developer and built the home in 1940.
The home has a living room with a fireplace and a formal dining room.
The kitchen leads to a sun room.
There are five bedrooms and four full bathrooms.
In terms of a prospective buyer, Haghani believes "it will likely be a wealthy collector who loves the President, or an investor who opposes him," he says. "I would love to see the President himself buy the property!" Haghani says the home could also become a museum.
Trump's current New York residence is in Trump Tower on Fifth Avenue.
Bidding for the property has begun once again through auction company Paramount Realty USA, and will conclude on Nov. 14.
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