3 Town Beach Road

Old Saybrook, CT 06475

$949,000
Price
3
Beds
1
Bath
3,472 Sq. Ft.
$273 / Sq. Ft.
3,472
Sq. Ft.
$273
per Sq. Ft.

Description

Investment opportunity - cornfield point beach association! This property presents a rare opportunity to own a versatile space that combines commercial and residential appeal. Whether you're seeking a lucrative investment, envisioning your own Airbnb, or own beach escape, this property offers endless possibilities. Situated in the sought-after Cornfield Point Beach Association, this property is at the entry of this very desirable beach community with many residents and guests driving by daily! The...Investment opportunity - cornfield point beach association! This property presents a rare opportunity to own a versatile space that combines commercial and residential appeal. Whether you're seeking a lucrative investment, envisioning your own Airbnb, or own beach escape, this property offers endless possibilities. Situated in the sought-after Cornfield Point Beach Association, this property is at the entry of this very desirable beach community with many residents and guests driving by daily! The property boasts a flexible layout, featuring a spacious storefront ideal for retail, caf? , breakfast/lunch destination or ice cream! Additionally, there's a separate residential unit upstairs with 4 bedrooms, oversized deck, plenty of parking, full bath providing a rental opportunities. Maximize your investment with dual income streams. Whether you choose to lease out the storefront, rent the residential unit, or utilize both spaces for personal and commercial purposes, this property promises lucrative returns and financial flexibility. There is also the option of converting the storefront into 1-2 apartments. Walk or bike to Cornfield Point Beach/two town beaches, Main Street's shops, restaurants are a short drive/bike ride away, as are the Kate Cultural Arts Center, Fenwick Golf Course and Saybrook Point. Just a few hours from NYC or Boston, your private shoreline retreat is calling you. No flood insurance required.
  1. Listed by Sharon Linder • Berkshire Hathaway NE Prop.
    P: (860) 388-3411 C: (860) 460-8862 sharonlinder@bhhsne.com

Property Details for 3 Town Beach Road

Basement Description
Full, Unfinished, Storage, Interior Access, Concrete Floor, Full With Hatchway
Direct Waterfront
No
Neighborhood
Cornfield Point
Style
Other
Garage Parking Info
None, Paved, Driveway
Swimming Pool
No

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Sharon Linder
Add your commute
LISTING UPDATED: 03/22/2024 06:31 PM

Property Details for 3 Town Beach Road

StatusActive
MLS #24004520
Days on Market40
Taxes$6,960 / year
HOA Fees$480 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1960
Lot Size0.13 AC / 5,662 SF
CountyMiddlesex County

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Sharon Linder
Add your commute

Building Information for 3 Town Beach Road

Stories-Year Built1960Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$5,799 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,179

Property Taxes

$580

HOA Dues

$40

The Payment Calculator is for illustrative purposes only.

Property Information for 3 Town Beach Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly - Main Street to Maple Avenue, cross to Town Beach Road. Property is on the corner.
  • Elementary School: Kathleen E. Goodwin
  • High School: Old Saybrook
  • Latitude: 41.266618
  • Longitude: -72.384101
  • State: Connecticut
Parking
  • Parking Total Spaces: 8
HOA and Fees
  • Association Fee Includes: Club House, Lake/Beach Access
  • HOA Fee Amount: 480
  • HOA Fee Frequency: Annually
  • Home Owner's Assocation: Yes
  • Special Association Assessment: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $6,960
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck
Interior Features
  • Appliances Included: Oven/Range, Refrigerator, Dishwasher
  • Cooling System: None
  • Heat Type: Baseboard
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 8
Room 1
  • Room Entry Order: 1
  • Room Level: Upper
  • Room Type: Living Room
Room 2
  • Room Entry Order: 2
  • Room Level: Upper
  • Room Type: Primary Bedroom
Room 3
  • Room Entry Order: 3
  • Room Level: Upper
  • Room Type: Bedroom
Room 4
  • Room Entry Order: 4
  • Room Level: Upper
  • Room Type: Bedroom
Property
Property and Assessments
  • Construction Description: Concrete
  • Driveway Type: Private, Paved
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1960
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • In Law Apartment: Possible
  • Living Area SQFT Per Public Records: 3472
Lot Information
  • Lot Description: Corner Lot, Dry, Level Lot
  • Parcel Number: 1023035
  • Sq Ft Est Heated Above Grade: 3472.0
  • Sq Ft Total: 3472.0
  • Zoning: A
Utilities
  • Heat Fuel Type: Natural Gas, Oil, Propane
  • Hot Water Description: Domestic
  • Sewage System: Septic
  • Water Source: Public Water Connected
Multi Family
Unit 1
  • Listing Key: 13F7F59695D581FBE063D501100A7D32
Unit 2
  • Listing Key: 13F7F59695D581FBE063D501100A7D32
Unit 3
  • Listing Key: 13F7F59695D581FBE063D501100A7D32
Unit 4
  • Listing Key: 13F7F59695D581FBE063D501100A7D32

Property History for 3 Town Beach 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 3 Town Beach Road

Taxable ValueLand$144,100Additions$196,100Total$340,200
Tax Record2023$6,957 ($580 / month)
Home Facts
Baths1Total Finished SqFt3,472 SqFtAbove Grade Finished SqFt3,472 SqFtStories2Lot Size5,663 SqFtStyleMiscellaneous CommercialYear Built1960ZoningACountyMIDDLESEXAPNOSAY M:003 B:156 L:

Schools near 3 Town Beach Road

This home is within Old Saybrook School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Kathleen E. Goodwin School
PublicPK to 4

Old Saybrook Middle School
Public5 to 8

Old Saybrook Senior 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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3 Town Beach Road is a single family home for sale in Old Saybrook, CT 06475. This property was listed for sale on March 20, 2024 by Berkshire Hathaway NE Prop., it's currently listed at $949,000. It has been on the market for a total of 40 days and was last sold on January 8, 2020. This listing's school district is Old Saybrook School District. Nearby schools include Kathleen E. Goodwin School, Old Saybrook Middle School and Old Saybrook Senior High School. 3 Town Beach Road is a 3-bed, 1-bath, 3,472 sqft single family home built in 1960.

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.

Listing Courtesy of Berkshire Hathaway NE Prop., Sharon Linder

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