Pamela Dostilio
Coldwell Banker Realty
(860) 609-6509
88 Total Sales
1 in Prospect
$525,000 Price
23 Hydelor Ave Prospect, CT 06712
Prospect Area
--
Bed
--
Bath
8,500
Sq Ft
5.15
Acre Lot
Highlights
- 5.15 Acre Lot
- Partially Wooded Lot
- Ceiling Fan
- Wetlands on Lot
- No HOA
- Baseboard Heating
About This Home
As of July 2021Rare opportunity to own one of the only multi family complexes in rural Prospect! Zoning regulations no longer allow for multi family to be built. Minimal competition for rentals. 8 total apartments comprised of 3 buildings on over 5 acres. One 6 unit townhouse style apartment building, two single family houses. Units have recently been updated throughout the years. Complex owned by same family since being built in 1985. On site coin operated laundry room. Long term tenants in place. Fully rented. Many of the tenants have been in place for 10+ years. All tenants pay on time and in full. Rents are below market rates, allowing for future owner to increase and improve NOI. 7.6% rate. $68k NOI. See attached documents for further info, expense breakdown, apartment details, and maps.
Last Agent to Sell the Property
MAG Investments LLC License #REB.0791907 Listed on: 04/19/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,946
Year Built
- Built in 1984
Lot Details
- 5.15 Acre Lot
- Partially Wooded Lot
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 8,500 Sq Ft Home
- Ceiling Fan
- Crawl Space
Parking
- Parking Lot
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Wetlands on Lot
Schools
- Prospect Elementary School
- Woodland Regional High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Baseboard Heating
- Well
- Electric Water Heater
Community Details
Overview
- No Home Owners Association
- 8 Units
Additional Features
- Coin Laundry
- Gross Income $90,240
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2021
Closed on
Jul 22, 2021
Sold by
Bought by
Seller's Agent
Michael Guastaferri
MAG Investments LLC
Buyer's Agent
Geoffrey Brennan
Great Estates, CT
List Price
$900,000
Sold Price
$910,000
Premium/Discount to List
$10,000
1.11%
Purchase Details
Closed on
Nov 30, 2018
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Prospect, CT
-
Pamela Dostilio
-
Vik Khandai
Vik Khandai
Dave Jones Realty, LLC
(959) 209-8851
60 Total Sales
3 in Prospect
$35K - $525K Price Range
-
Amerra Ziyadeh
Amerra Ziyadeh
William Pitt Sotheby's Int'l
(475) 224-3799
91 Total Sales
1 in Prospect
$535,000 Price
-
Michelle Alvord
Michelle Alvord
Berkshire Hathaway NE Prop.
(475) 263-3542
95 Total Sales
1 in Prospect
$457,900 Price
-
Linda Mayfield
Linda Mayfield
RE/MAX RISE
(475) 285-3784
246 Total Sales
4 in Prospect
$288K - $495K Price Range
-
George Noujaim
George Noujaim
Dave Jones Realty, LLC
(475) 263-4696
66 Total Sales
4 in Prospect
$280K - $610K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $910,000 | None Available | ||
| -- | -- | ||
| $400,000 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2021 07/23/21 | Sold | $910,000 | +1.1% | $107 / Sq Ft |
| 06/14/2021 06/14/21 | Pending | -- | -- | -- |
| 04/19/2021 04/19/21 | For Sale | $900,000 | -- | $106 / Sq Ft |
Source: SmartMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,459 | $565,460 | $168,210 | $397,250 |
| 2024 | $9,618 | $299,240 | $112,130 | $187,110 |
| 2023 | $9,552 | $299,240 | $112,130 | $187,110 |
| 2022 | $9,561 | $299,240 | $112,130 | $187,110 |
| 2021 | $9,665 | $299,240 | $112,130 | $187,110 |
| 2020 | $9,946 | $314,740 | $134,320 | $180,420 |
| 2019 | $9,741 | $314,740 | $134,320 | $180,420 |
| 2018 | $9,757 | $314,740 | $134,320 | $180,420 |
| 2017 | $9,836 | $314,740 | $134,320 | $180,420 |
| 2016 | $9,414 | $314,740 | $134,320 | $180,420 |
| 2015 | $9,085 | $310,820 | $131,000 | $179,820 |
| 2014 | $9,008 | $310,820 | $131,000 | $179,820 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Guastaferri
Seller's Agent in 2021
Michael Guastaferri
MAG Investments LLC
(203) 233-0017
9 Total Sales
-
Geoffrey Brennan
Buyer's Agent in 2021
Geoffrey Brennan
Great Estates, CT
(203) 417-3626
36 Total Sales
-
William Voight
Buyer Co-Listing Agent in 2021
William Voight
Great Estates, CT
(203) 727-0471
36 Total Sales
Map
Source: SmartMLS
MLS Number: 170391114
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.
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.
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