Sold
Last Sold Price
4 beds2,400 sqft$183/sqft
173 Saybrook Rd, Middletown, CT 06457
Multi FamilyProperty Type
0.63 acresLot Size
2018Year Built
$183/sq ftPrice per sq ft
2 carsParking Spaces

Description

Whether you are an owner occupant or an investor, the dream opportunity of owning a stress free, strong cash flowing investment asset is now a reality! Constructed from 2018-2019, this townhouse style two family property offers it’s new owner many years of carefree maintenance considering the roof, siding, windows, furnaces, decks, central air condensers and hot water tanks are so new. Both units are generating an astonishing total of $3,800 worth of monthly rents and consist of new kitchens, new...Whether you are an owner occupant or an investor, the dream opportunity of owning a stress free, strong cash flowing investment asset is now a reality! Constructed from 2018-2019, this townhouse style two family property offers it’s new owner many years of carefree maintenance considering the roof, siding, windows, furnaces, decks, central air condensers and hot water tanks are so new. Both units are generating an astonishing total of $3,800 worth of monthly rents and consist of new kitchens, new bathrooms, new hardwood flooring, new composite decking, new insulation and attached tandem garages that can potentially fit two cars each. This asset is located in close proximity to Wesleyan College as well as local shopping, restaurants, Route 9 highway and Route 66 highway. With interest rates at historically low levels, there isn’t a better opportunity than adding 173-175 Saybrook Road to your portfolio.
  • Listed by: Matthew Guida 860.888.2732 MattJGuida@gmail.com • Eagle Eye Realty PLLC
Listing closed: 10/25/2021 12:00 AM • Source: SMARTMLS, MLS#: 170423049

Location

Listing Courtesy of Eagle Eye Realty PLLC, Matthew Guida

Sold By Coldwell Banker Realty, Tracy Daye

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Payment Calculator

$2,975 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,274

Property Taxes

$701

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 173 Saybrook Road

Property Details
  • Taxes: $8,415 / year
  • MLS Type: Multi-Family / 2 Family
  • Basement Description: Full With Walk-Out, Unfinished, Cooled, Garage Access, Walk-out, Storage
  • Direct Waterfront: No
  • Garages Number: 2
  • Style: Units are Side-by-Side
  • Garage Parking Info: Tandem, Attached Garage
  • Swimming Pool: No
Building Information
  • Residences: 2
  • Year Built: 2018
  • Lot Size: 0.63 AC / 27,442 SF
Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Main St -> Main St Ext -> Saybrook Rd
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.54626
  • Longitude: -72.633939
  • Neighborhood Amenities: Shopping/Mall
  • State: Connecticut
  • Street No Extension: 175
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2021-June 2022
  • Property Tax: $8,415
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Attic YN: No
  • Fireplaces Total: 0
  • Laundry Room Info: Basement Hook-Up(s), Washer/Dryer All Units
  • Rooms Total: 8
Property
Property and Assessments
  • Color: Green
  • Construction Description: Frame
  • Driveway Type: Private, Shared, Paved, Asphalt
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: Non Applicable
  • Gross SQFT Per Public Records: 3874
  • New Construction Type: Torn Down & Rebuilt
  • Roof: Asphalt Shingle
  • Year Built: 2018
  • Year Built Source: Owner
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 2400
Lot Information
  • Lot Description: Sloping Lot
  • Parcel Number: 2655325
  • Sq Ft Est Heated Above Grade: 2400.0
  • Sq Ft Total: 2400.0
  • Zoning: TD
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 8
Building Details
  • Unit Count: 2
Unit 1
  • Lease: Leased
  • Lease Expires: 08-31-2021
  • Unit Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
  • Unit Average Sq Ft: 1200
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 07-24-2021
  • Unit Monthly Rent: $1,900
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 06-30-2022
  • Unit Appliances: Oven/Range,Microwave,Refrigerator,Dishwasher,Washer,Dryer
  • Unit Average Sq Ft: 1200
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 07-24-2021
  • Unit Monthly Rent: $1,900
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 173 Saybrook Road

DateEvent & SourcePriceAppreciation
Oct 5, 2021

Closed (Public Record)

Public Record #1476249086

$440,000
DateEvent & SourcePrice
10/05/2021

Closed (Public Record)

Public Record #1476249086

$440,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 173 Saybrook Road

Taxable ValueLand$56,000Additions$253,160Total$309,160
Tax Record2024$11,442 ($954 / month)
Home Facts
Baths3Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtUnfinished Basement SqFt1,200 SqFtStories2Lot Size27,443 SqFtStyleDuplexYear Built2007Year Renovated2007ZoningMXICountyLOWER CONNECTICUT RIVERAPNMTWN M:35 L:0330

Schools near 173 Saybrook Road

This home is within Middletown School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
Bielefield School
PublicPK to 5

Beman Middle School
Public6 to 8

Middletown High School
Public9 to 12

Icm - Spencer
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Eagle Eye Realty PLLC, Matthew Guida

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.