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- Available
Single Family Residence
Middlebury (CT), United States
$4,650 per slot
101 Shadduck Road, Middlebury, CT 06762
A mature real estate market with favourable returns.
Average occupancy 83%
Mature real estate where demand never sleeps, with favorable returns.
Projected annual yield 11%
3% from capital appreciation and 8% from average rental income.
Investment duration
Recommended standard 2 - 5 years
Property Overview
Beautiful 3-Bedroom home with first floor Primary Suite on nearly half acre lot! Welcome to your dream home! This charming 3-bedroom, 2 Full Bath residence combines modern updates with timeless character. Step inside to discover newly, refinished hardwood floors & fresh paint throughout, creating a bright & inviting space ready for you to move right in. The first-floor primary suite offer privacy & comfort, with a spacious walk-in closet. The layout is thoughtfully designed with both a formal living room & a formal dining room perfect for entertaining. Enjoy a warm & open atmosphere in the great room with sliders that open to an oversized deck-ideal for outdoor dining & relaxation. You'll also find the perfect work-from-home space in the dedicated office. C/A, city water/sewer, 1 car garage all located in a desirable neighborhood, this home offers the perfect blend of comfort, function, & style.
Financial Details
Total Property Value
$465,000
Price Per Slot
$4,650
Aquisition & Legal Fees (3%)
$13,950
Total Cost Per Slot (incl. fees)
$4,790
Projected Returns
Projected Gross Rent
$37,200 (8% of value)
Management fees (7%)
$2,604
Operating/Service Expenses (3%)
$1,116
Projected Net Income
$33,480
Net ROI Per Slot (on $4,650)
11% annually
Additional Details
- Bedroom
- 3
- Bathroom
- 2
- Area
- Int - 2,534 Sq Ft.
Ext - 0.44 Acres Lot
Location
Middlebury CT, United States