NOT LISTED FOR SALE

122 Yantic Rd Norwich, CT 06389

Yantic Neighborhood
6 Beds
4 Baths
3,204 Sq Ft
0.36 Acres

Last Sold December 14, 2021

Last sale price $340,000 $106 Per Sq Ft

79 Days on Market

Highlights

  • Deck
  • No HOA
  • Property is near shops
  • Attic
  • Storm Windows
  • Baseboard Heating

About This Home

As of December 2021

Great opportunity for Owner-Occupied OR Investor as this 4-Family property producing a solid $42,000 in Gross annual rental income that has headroom since they are below-market rates. All tenants are current on their rent and are now on month-to-month leases. That's great if you want to occupy one of the apartments yourself, however, the tenants all would like to stay if you are an investor. There's plenty of parking and maintenance is easy given all units are electric heat (no aging boilers to deal with!) and tenants pay for their own Heat/HW. There's an on-site coin-operated laundry room for all of the tenants to use. The roof is at its mid-life point being just 12 years old and the hot water heaters are an average of 5+ years old.

Last Agent to Sell the Property

Gregory Hanner

Garden Realty License #REB.0788235 Listed on: 07/25/2021

Last Buyer's Agent

Brendon Mansaku

SM Real Estate Advisors License #REB.0795438

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,629

Year Built

  • Built in 1900

Lot Details

  • 0.36 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,204 Sq Ft Home
  • Pull Down Stairs to Attic
  • Storm Windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Parking Deck
  • Gravel Driveway
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near shops

Schools

  • Samuel Huntington Elementary School
  • Norwich Free Academy High School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • Coin Laundry
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,629

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Yantic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3204
  • Public Record Living Room Sq Ft: 3204
  • Total Sq Ft: 3204
  • Year Built: 1900
  • Nearby Amenities: Health Club, Shopping/Mall
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6744
  • Tax Year Updated Dt: 07/20/2021
  • Directions: Rte. 2 to Yantic Rd - GPS friendly.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Pull-Down Stairs
  • Basement Description: Partial, Crawl Space, Unfinished, Dirt Floor, Interior Access
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area
  • Attic: Yes
  • Street Number Modifier: 122

Exterior Features

  • Exterior Features: Deck, Gutters, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking, Parking Lot
  • Driveway Type: Private, Asphalt, Gravel

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 40 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Samuel Huntington
  • High School: Norwich Free Academy

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 0.3600
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: R20

Multi Family

  • Gross Annual Income: 42000
  • Unit Count: 4
  • Total Multi Family: 14
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4629
  • Total Assessed Value: 109300
  • Mil Rate Base: 42.350
  • Mil Rate Total: 42.350
  • Assessor Parcel Number: 2412056

MLS Schools

  • Elementary School: Samuel Huntington
  • High School: Norwich Free Academy

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $340,000 -6.8% $106 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
09/20/2021 09/20/21 Price Changed $365,000 -2.7% $114 / Sq Ft
07/25/2021 07/25/21 For Sale $375,000 -- $117 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gregory Hanner

    Seller's Agent in 2021

    Gregory Hanner

    Garden Realty

    (860) 608-8659

    9 in this area

    287 Total Sales

    Gregory Hanner
    Section Image
  • Brendon Mansaku

    Buyer's Agent in 2021

    Brendon Mansaku

    SM Real Estate Advisors

    (860) 605-7434

    1 in this area

    25 Total Sales

    Brendon Mansaku
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170421379

SmartMLS
Connecticut New London County Norwich 06360 Yantic

122 Yantic Rd, Norwich, CT

This home is located at 122 Yantic Rd, Norwich, CT 06389 since 25 July 2021. This property was built in 1900. 122 Yantic Rd is a home located in New London County with nearby schools including Samuel Huntington Elementary School, Kelly STEAM Magnet Middle School, and Stoneview Children's University.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes