1259 Wolcott Road

Wolcott, CT 06716

$599,900
Price
12
Beds
6
Baths
3,281 Sq. Ft.
$183 / Sq. Ft.
3,281
Sq. Ft.
$183
per Sq. Ft.

Description

Located in Wolcott, CT, this large multifamily property at 1259 Wolcott Rd. offers a practical investment opportunity with its six units, each featuring two bedrooms and one bathroom. The living spaces are efficiently designed, providing comfortable accommodations for residents. Recent upgrades to the property include a new rear deck, updated bathrooms, and improved exterior lighting, enhancing the overall living experience for tenants. The property boasts a spacious backyard with access to a forest...Located in Wolcott, CT, this large multifamily property at 1259 Wolcott Rd. offers a practical investment opportunity with its six units, each featuring two bedrooms and one bathroom. The living spaces are efficiently designed, providing comfortable accommodations for residents. Recent upgrades to the property include a new rear deck, updated bathrooms, and improved exterior lighting, enhancing the overall living experience for tenants. The property boasts a spacious backyard with access to a forest trail, offering outdoor space for residents to enjoy. The septic system and well are in good condition, having been inspected just a year ago. Each unit has its own electrical meter, and there is an additional owner panel, with common charges ranging from $32-40 per month. The owner is responsible for the heat and gas utilities, serviced by a single meter. With new boilers and hot water heaters in place, as well as a roof that is approximately three years old, the property is well-maintained and ready for continued use. Currently at 100% occupancy, this multifamily residence in Wolcott represents a solid investment with steady rental income. The current rents are below market rate and can be raised to $1500 per unit.
  1. Listed by Tyler DeVecchis • Berkshire Hathaway NE Prop.
    P: (860) 633-3674 C: (860) 966-9217 tylerdevecchisrealtor@gmail.com

Property Details for 1259 Wolcott Road

Basement Description
None
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Garage Parking Info
None, Parking Lot, Off Street Parking
Swimming Pool
No

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Tyler DeVecchis
Add your commute
LISTING UPDATED: 04/27/2024 03:01 PM

Property Details for 1259 Wolcott Road

StatusActive
MLS #24011427
Days on Market14
Taxes$6,671 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1950
Lot Size1.37 AC / 59,677 SF
CountyNew Haven County

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Tyler DeVecchis
Add your commute

Building Information for 1259 Wolcott Road

Stories-Residences6Year Built1950Building Size-Lot Size1.37 AC / 59,677 SF

Payment Calculator

$3,830 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$556

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1259 Wolcott Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.62138
  • Longitude: -72.97183
  • Neighborhood Amenities: Park
  • State: Connecticut
Parking
  • Parking Total Spaces: 6
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $6,671
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, Gutters, Lighting, Patio
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Baseboard, Hot Air
  • Attic YN: No
  • Rooms Total: 30
Property
Property and Assessments
  • Construction Description: Frame, Masonry
  • Exterior Siding: Vinyl Siding, Stucco
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1950
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Treed
  • Parcel Number: 1443809
  • Sq Ft Est Heated Above Grade: 3281.0
  • Sq Ft Total: 3281.0
  • Zoning: GC
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Sewage System: Septic
  • Water Source: Private Well
Multi Family
Income and Expenses
  • Gross Annual Expense: 18361
  • Gross Annual Income: 108000
  • Net Operating Income: $84,239
  • Total Number of Units: 6
Unit 1
  • Listing Key: 1662A39D4C192EE2E0631401100AB256
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 6
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 04-27-2024
  • Unit Monthly Rent: $820
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Listing Key: 1662A39D4C192EE2E0631401100AB256
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 04-27-2024
  • Unit Monthly Rent: $900
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Listing Key: 1662A39D4C192EE2E0631401100AB256
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 625
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 04-27-2024
  • Unit Monthly Rent: $880
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 4
  • Listing Key: 1662A39D4C192EE2E0631401100AB256
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 625
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 04-27-2024
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Vacant
Unit 5
  • Listing Key: 1662A39D4C192EE2E0631401100AB256
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 04-27-2024
  • Unit Monthly Rent: $850
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 6
  • Listing Key: 1662A39D4C192EE2E0631401100AB256
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 04-27-2024
  • Unit Monthly Rent: $875
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 1259 Wolcott Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1259 Wolcott Road

Taxable ValueLand$77,890Additions$131,430Total$209,320
Tax Record2023$6,671 ($556 / month)
Home Facts
Total Finished SqFt3,281 SqFtAbove Grade Finished SqFt3,281 SqFtStories2Lot Size59,677 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningGCCountyNEW HAVENAPNWOLC M:119 B:3 L:4B

Schools near 1259 Wolcott Road

This home is within Wolcott School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Alcott School
PublicPK to 5

Tyrrell Middle School
Public6 to 8

Wolcott High School
Public9 to 12

Wakelee School
PublicK 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1259 Wolcott Road is a multi-family home for sale in Wolcott, CT 06716. This property was listed for sale on April 18, 2024 by Berkshire Hathaway NE Prop., it's currently listed at $599,900. It has been on the market for a total of 14 days and was last sold on February 10, 2022. This listing's school district is Wolcott School District. Nearby schools include Alcott School, Tyrrell Middle School and Wolcott High School. 1259 Wolcott Road is a 12-bed, 6-bath, 3,281 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway NE Prop., Tyler DeVecchis

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.