500 Purdy Hill Rd, Unit 6

Monroe, CT 06468

$179,500
Last Sold Price
—
Beds
—
Baths
1,042 Sq. Ft.
$172 / Sq. Ft.
1,042
Sq. Ft.
$172
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 11/19/20
Closed 11/19/20

Description

8.8% Cap Rate Investment Property! Own a piece Charberry Square Professional Office Condominiums for this low-low price! This 100% occupied professional office suite is new to the market. Financial Advisory Company tenant in place with 2 years left on their lease. Tenant pays $1300 per month and would like to stay beyond lease. Common charges are $381.50 per month, taxes are $2230 annually. Tenant pays for their own electric through Eversource. Private driveway entrance leads to private parking lot....8.8% Cap Rate Investment Property! Own a piece Charberry Square Professional Office Condominiums for this low-low price! This 100% occupied professional office suite is new to the market. Financial Advisory Company tenant in place with 2 years left on their lease. Tenant pays $1300 per month and would like to stay beyond lease. Common charges are $381.50 per month, taxes are $2230 annually. Tenant pays for their own electric through Eversource. Private driveway entrance leads to private parking lot. Quiet location with views of farm in rear and side of property. Just 1 street from Rte 25 near Duchess Restaurant. Central location in Monroe to Rte 25, 2 miles to Rte 111 and even North Monroe towards Newtown. Two units available in complex for sale, one with tenant with a lease (this one) and one without (#6).
  1. Listed by Jeanette Politano • Coldwell Banker Realty
    P: (203)-218-3383 C: (203)-218-3383 jeanette.politano@cbmoves.com

Property Details for 500 Purdy Hill Road, Unit 6

Location
Suburban
Neighborhood
Stepney
Garage Parking Info
Paved, Unassigned Parking, Parking Lot
LISTING CLOSED: 11/19/2020 12:00 AM

Property Details for 500 Purdy Hill Road, Unit 6

StatusClosed
MLS #170266815
Days on Market314
Taxes$2,462 / year
HOA Fees-
Condo/Co-op Fees-
Property Type-
MLS Type-
Year Built1984
Lot Size0.00 AC / 0 SF
CountyFairfield County
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Location

Listing Courtesy of Coldwell Banker Realty, Jeanette Politano

Sold By Re/Max Right Choice, Joe Kapell

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Building Information for 500 Purdy Hill Road, Unit 6

Stories1Residences1Year Built1984Lot Size0.00 AC / 0 SF

Payment Calculator

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$1,118 per month

30 year fixed, 6.55% Interest

Principal and Interest

$912

Property Taxes

$205

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 500 Purdy Hill Road, Unit 6

Summary
Property and Location
  • Complex Name: Charberry Square
  • Directions: Rte 25/Main Street to
  • Latitude: 41.30597
  • Longitude: -73.25097
  • State: Connecticut
  • Subd Complex: Charberry Square
Parking
  • Parking Total Spaces: 0
HOA and Fees
  • Tax Year: July 2020-June 2021
  • Property Tax: $2,462
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Door Sign, Gutters, Lighting, Pole Sign, Sidewalk, Storage Building
Interior Features
  • Cooling System: Central Air
  • Heat Type: Heat Pump, Zoned
  • Flooring: Wall-to-Wall Carpet
Property
Property and Assessments
  • Additional Space Available: Yes
  • Construction Description: Frame
  • Foundation Type: Block
  • Potential Use: Office, Professional, Therapy
  • Present Use: Office/Retail
  • Road Frontage Description: State Road, Paved Road
  • Roof: Asphalt Shingle
  • Sq Ft Source: Public Records
  • SubdividableU: No
  • Year Built: 1984
  • Bank Owned Property: No
  • Sq Ft Office: 1042
Lot Information
  • Documents Available: Demographic Data, Legal Description, Other
  • Lot Description: Dry, Level Lot, Sloping Lot
  • Parcel Number: 178803
  • Sq Ft Total: 1042.0
  • Zoning: B1
Utilities
  • Heat Fuel Type: Electric
  • Sewage System: Septic
  • Utilities Available: Electric, Gas, Telephone, Cable
  • Water Source: Private Well
Multi Family
Income and Expenses
  • Gross Annual Expense: 6808
  • Gross Annual Income: 15600
  • Net Operating Income: $8,792
  • Occupied By: Tenant
  • Total Number of Units: 1
Building Details
  • Unit Count: 1
  • Number of Restrooms: 1
  • Number of Stories: 1
  • Number of Tenants: 1
Unit 1
  • Unit Entry Order: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 11-24-2020
  • Unit Monthly Rent: $1,300
  • Unit Number Of: 1
  • Unit Num Rooms: 1
  • Unit Num Vacant: 0
  • Unit Type: Office

Schools near 500 Purdy Hill Road, Unit 6

This home is within Monroe School District.
Rating
School
Type
Grades
Distance
Stepney Elementary School
Public - K to 5
Jockey Hollow School
Public - 6 to 8
Masuk High School
Public - 9 to 12
Rating
School
Distance
Stepney Elementary School
PublicK to 5

Jockey Hollow School
Public6 to 8

Masuk High School
Public9 to 12

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
500 Purdy Hill Road, Monroe, CT 06468
$131,000
–
1
1,290
6,737
500 Purdy Hill Road, Monroe, CT 06468
$115,000
–
1
1,188
6,737
500 Purdy Hill Road, Monroe, CT 06468
–
–
1
2,050
6,737
500 Purdy Hill Road, Unit 11, Monroe, CT 06468
–
–
1
710
6,737
500 Purdy Hill Road, Monroe, CT 06468
$125,000
–
1
914
6,737

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Listing Courtesy of Coldwell Banker Realty, Jeanette Politano

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.