8 days on rocket

125 Main St, Old Saybrook, CT, 06475

$2,495,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
7,985 SqFt
$312/SqFt
House

Location

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125 Main St, Old Saybrook$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone, Off Street Parking, Unpaved
Year Built1918
HeatingForced Air
CoolingSplit System
MLS #24063444
Lot Size0.23 Acres
StatusActive

About 125 Main St

Great opportunity to own a mixed use property on Main Street in Old Saybrook. Established salon with long term lease on first floor. Second floor has one bedroom apartment which can easily add more bedrooms or use as office space. Third floor currently occupied by two businesses and can be converted into apartment if the need arises. Prime location near The Kate and all downtown businesses. Easy access to Rt I-95 and Rt 9. Additionally there is a large 25 car parking lot in the rear of the building that has potential for future development. Perfect chance to live downtown and have positive cash flow.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1918
  • Living Area: 7,985 SqFt

Listing Office:

  • Office Name: William Raveis Real Estate
  • Office Phone: (860) 344-1658
  • Listing Agent: Gary Marino

Interior Features

Interior Information:

  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: None, Off Street Parking, Unpaved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Split System

Other

Directions Information:

  • Directions: Rt 1 to Main Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
  • Price Per SqFt: $312/SqFt

Tax Information:

  • Annual Amount: $11,888
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Old Saybrook, CT.

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Old Saybrook, CT

City

Med. Sold Price

$685K

Med. Price/SqFt

$389

# of Sold Homes

14

125 Main St vs Old Saybrook

8 DAYS ON ROCKET

$2,495,000

+$1.8M More

$312/SqFt

-$78 Less

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $78/SqFt less than other homes in Old Saybrook, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24063444

Listing Office:

  • Office Name: William Raveis Real Estate
  • Office Phone: (860) 344-1658
  • Listing Agent: Gary Marino

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 21, 2021Home Sold
$1,000,000
Sep 06, 1996Home Sold
$51,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,888$593,000
2019$11,712$593,000
2018$11,350$579,100
2017$11,385$579,100

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4338658
6
/10

  • Kathleen E. Goodwin School

  • 80 Old Boston Post Rd

  • 0.55 miles

  • Public District Grades PK-6

school-card-donut-4338659
7
/10

  • Essex Elementary School

  • 108 Main St

  • 4.48 miles

  • Public District Grades PK-6

school-card-donut-4338660
7
/10

  • Mile Creek School

  • 205 Mile Creek Rd

  • 4.82 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,087. The majority of Old Saybrook, CT residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 125 Main St

What is the listing price of this property?

The listing price of 125 Main St property is $2,495,000.

What type of property is this?

The property 125 Main St is a house located in Old Saybrook, Connecticut, 06475.

Is this property for sale now?

Active Listing: 125 Main St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $11,888 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 21, 2021 for $1,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 125 Main St has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 125 Main St is 7,985 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 125 Main St is 1918.

Rocket Homes›Connecticut›Middlesex County›Old Saybrook›06475›125 Main St

This home is located at 125 Main St in Old Saybrook, CT and zip code 06475. This 7,985 square foot home, which was built in 1918, sits on a 0.23 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since December 09, 2024 and is currently priced at $2,495,000.

In November 2024 more than 6 listings in Old Saybrook, CT were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 8 were sold below. The number of homes for sale in Old Saybrook, CT decreased by 1.9% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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