$420,000
SOLD MAR 13, 2017
5 Beds
5 Baths
2,606 Sq Ft
0.26 Acres

Recently Sold

$161 Per Sq Ft

10% Below List Price

99 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • Wood Siding

About This Home

As of March 2017

MULTI FAMILY INCOME PRODUCER . Built in 1900, this 2 story ,well maintained 5 unit apartment property is a solid investment. Hardwood, Electric base board heat, municipal sanitary and water with a 2 car garage. Stable Tenancy. Fully occupied at the time of listing. Tenants pay utilities. Off street parking. Local owners. Solid Cap Rate. NOI $38,000 plus

Last Agent to Sell the Property

Jessica Ganser

Scalzo Real Estate License #REB.0751851 Listed on: 10/25/2016

Last Buyer's Agent

Patty McManus

William Pitt Sotheby's Int'l License #REB.0757519

William Pitt Sotheby's Int'l

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,809

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 2,606 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • 2 Car Garage
  • Off-Street Parking

Schools

  • New Milford High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,809

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 2606
  • Public Record Living Room Sq Ft: 2606
  • Total Sq Ft: 2606
  • Year Built: 1900
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4902
  • Directions: Located on Rte 203 near the Junction of Rte 67 and 202 New Milford, Ct. in B1 Zone.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 8

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 2

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: New Milford

Lot Info

  • Acres: 0.2600
  • Lot Description: Level Lot
  • Zoning: Multifamily

Multi Family

  • Net Operating Income: 38450
  • Unit Count: 5
  • Total Multi Family: 20
  • Total Num Of Units: 5
  • Total Unit Count: 5

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 5809
  • Total Assessed Value: 217000
  • Mil Rate Base: 26.770
  • Mil Rate Total: 26.770
  • Assessor Parcel Number: 1877176

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: New Milford

Similar Home in New Milford, CT

  • 9 Nicholas Square, New Milford, CT 06776

    $499,000

    • 4 Beds
    • 2 Baths
    • 1,670 Sq Ft
    • 9 Nicholas Square
    • New Milford, CT

    Investment opportunity! Two family property located within walking distance to downtown New Milford. This property consists of two units. Each unit offers two bedrooms, one full bathroom and private access. Laundry hookup in unfinished basement. Property is being sold as is and sale is subject to Probate Court approval.

    Jessica Mineo Candlewood Realty

    Section Image

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
06/25/2025 06/25/25 For Sale $849,900 +102.4% $306 / Sq Ft
03/13/2017 03/13/17 Sold $420,000 -9.7% $161 / Sq Ft
10/25/2016 10/25/16 For Sale $465,000 -- $178 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 99164617

SmartMLS