Don Orsini
Don Orsini Realty, LLC
(860) 863-4913
64 Total Sales
2 in Forestville
$235K - $280K Price Range
359 Brook St Bristol, CT 06010
Forestville NeighborhoodEstimated Value: $455,669
7
Beds
4
Baths
3,384
Sq Ft
$135/Sq Ft
Est. Value
Highlights
- 1.14 Acre Lot
- No HOA
- Baseboard Heating
- Attic
- 3 Car Attached Garage
- Wood Siding
About This Home
As of November 2017Turn-Key 4 unit property that is rarely available in the Forestville section of Bristol. Great CASH FLOW! 10% Cap rate and 20+% ROI. Three of the units have hardwood floors, and all units have been updated and are in good condition. Three garage bays, only one of which is currently being rented out. The property has abundant parking, and potential for more with a large, flat back yard if so desired. The one bedroom unit in the basement is below market rental rate and can be raised at the end term. Tenants pay for their own heat and electricity, while owner pays for oil for central furnace, which is the heat source for all four apartments. Capital improvements from the current owner include an exterior paint job, a full electrical service upgrade, separating out electrical utilities, adding a hot water heater so that tenants would be responsible for electric and hot water, and adding washer dryer hookups. Value add opportunity by raising the one bedroom rent, and renting out all garages. Please see attached for a detailed income and expense breakdown of the property over the past twelve months.
Last Agent to Sell the Property
Erin Milbrandt
Tier 1 Real Estate Listed on: 09/30/2017
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,144
Year Built
- Built in 1962
Lot Details
- 1.14 Acre Lot
Home Design
- Concrete Foundation
- Asphalt Shingled Roof
- Wood Siding
- Concrete Siding
- Shingle Siding
Interior Spaces
- Finished Basement
- Basement Fills Entire Space Under The House
- Attic or Crawl Hatchway Insulated
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Parking
- 3 Car Attached Garage
- Driveway
- Off-Street Parking
- Unassigned Parking
Utilities
- Baseboard Heating
- Heating System Uses Oil
- Electric Water Heater
- Fuel Tank Located in Basement
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Gross Income $41,895
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
Sep 30, 2017
Closed on
Nov 20, 2017
Sold by
Smith Ryan D
Bought by
Seller's Agent
Erin Milbrandt
Tier 1 Real Estate
Buyer's Agent
Filipe Pereira
Carl Guild & Associates
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,669
Avg. Annual Appreciation
5.66%
Original Mortgage
$210,187
Outstanding Balance
$171,429
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$284,241
Purchase Details
Listed on
Jan 5, 2016
Closed on
Feb 29, 2016
Sold by
Quinto 2Nd John and Quinto Julie A
Bought by
Smith Ryan D
Seller's Agent
Chloe White
KW Legacy Partners
Buyer's Agent
Ryan Smith
Tier 1 Real Estate
List Price
$225,000
Sold Price
$239,900
Premium/Discount to List
$14,900
6.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$179,925
Interest Rate
3.92%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 14, 2009
Sold by
Quinto 2Nd John
Bought by
Quinto 2Nd John and Quinto Julie Ann
Purchase Details
Closed on
Aug 19, 2002
Sold by
Caly Joan C and Myszkowski John
Bought by
Quinto John
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Forestville, CT
-
Don Orsini
-
Barbara Myslinski-Krucko
Barbara Myslinski-Krucko
William Raveis Real Estate
(959) 245-5482
80 Total Sales
1 in Forestville
$349,900 Price
-
Mark Mnich
Mark Mnich
Coldwell Banker Realty
(860) 385-8978
23 Total Sales
1 in Forestville
$190,900 Price
-
Annie Valentin
Annie Valentin
Responds QuicklyGreat Estates, CT
(475) 285-2606
32 Total Sales
1 in Forestville
$255,000 Price
-
Lana Ogrodnik
Lana Ogrodnik
Showcase Realty, Inc.
(475) 263-4970
57 Total Sales
1 in Forestville
$320,000 Price
-
Jim Treanor Jr
Jim Treanor Jr
ERA Treanor Real Estate
(475) 244-9541
214 Total Sales
9 in Forestville
$165K - $334K 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 |
|---|---|---|---|
| $280,250 | -- | ||
| Smith Ryan D | $239,900 | -- | |
| Quinto 2Nd John | -- | -- | |
| Quinto John | $187,000 | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $210,187 | ||
| Previous Owner | Smith Ryan D | $179,925 | |
| Previous Owner | Quinto John J | $45,000 | |
| Previous Owner | Quinto 2Nd John J | $35,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 11/16/2017 11/16/17 | Sold | $280,000 | -1.8% | $83 / Sq Ft | |
| 10/05/2017 10/05/17 | For Sale | $285,000 | 0.0% | $84 / Sq Ft | |
| 10/05/2017 10/05/17 | Pending | -- | -- | -- | |
| 09/30/2017 09/30/17 | For Sale | $285,000 | 0.0% | $84 / Sq Ft | |
| 11/27/2016 11/27/16 | Rented | $875 | 0.0% | -- | |
| 11/10/2016 11/10/16 | For Rent | $875 | 0.0% | -- | |
| 02/26/2016 02/26/16 | Sold | $239,900 | +6.6% | $71 / Sq Ft | View Prior Sale |
| 01/11/2016 01/11/16 | Pending | -- | -- | -- | |
| 01/05/2016 01/05/16 | For Sale | $225,000 | -- | $66 / 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 | $8,406 | $249,060 | $55,230 | $193,830 |
| 2024 | $7,438 | $233,520 | $55,230 | $178,290 |
| 2023 | $7,087 | $233,520 | $55,230 | $178,290 |
| 2022 | $6,617 | $172,550 | $44,940 | $127,610 |
| 2021 | $6,617 | $172,550 | $44,940 | $127,610 |
| 2020 | $6,617 | $172,550 | $44,940 | $127,610 |
| 2019 | $6,566 | $172,550 | $44,940 | $127,610 |
| 2018 | $6,364 | $172,550 | $44,940 | $127,610 |
| 2017 | $6,144 | $170,520 | $56,140 | $114,380 |
| 2016 | $6,144 | $170,520 | $56,140 | $114,380 |
| 2015 | $5,902 | $170,520 | $56,140 | $114,380 |
| 2014 | $5,902 | $170,520 | $56,140 | $114,380 |
Source: Public Records
Agents Affiliated with this Home
-
EM
Seller's Agent in 2017
Erin Milbrandt
Tier 1 Real Estate
-
Filipe Pereira
Buyer's Agent in 2017
Filipe Pereira
Carl Guild & Associates
(860) 990-9103
18 Total Sales
-
Chloe White
Seller's Agent in 2016
Chloe White
KW Legacy Partners
(860) 302-7717
9 in this area
212 Total Sales
-
Ryan Smith
Buyer's Agent in 2016
Ryan Smith
Tier 1 Real Estate
(860) 579-6927
11 in this area
87 Total Sales
Map
Source: SmartMLS
MLS Number: 170017969
APN: BRIS-000048-000000-000316C
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.
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