13 days on rocket

1286 Boston Post Rd, Westbrook, CT, 06498

$639,000

Home List Price

$7,588*

Closing Credit

6 Bedrooms
4 Full Baths
2,646 SqFt
$242/SqFt
Multi

Location

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1286 Boston Post Rd, Westbrook$639,000

Buyer Closing Credits

$7,588*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1950
HeatingHot Water, Solar, Zoned
CoolingNone
BasementYes
WaterfrontWaterfront
ViewCity
MLS #24061320
Lot Size0.33 Acres
StatusActive

About 1286 Boston Post Rd

Welcome to 1286-1292 Westbrook, a fantastic multi-family investment opportunity in the heart of Westbrook! This well-maintained property offers excellent potential for both seasoned investors and first-time buyers looking to capitalize on rental income. Right on Boston Post Road this property is a rare find with its combination of location, condition, and income-generating, this property consists of 4 Separate Buildings and a total of 4 units, including a mix of 1-bedroom/3-bedroom configurations, ideal for attracting a variety of tenants. The property has been well cared for, and 2 Units has been recently updated to ensuring low maintenance costs for years to come. Income Potential: With a strong rental history and high demand for rental units in the area, this property presents a unique opportunity for generating consistent cash flow. Current rents total $ 60,000 annually, with room for potential increases. Solar System for extra income. This is a Prime Location Conveniently located near major highways, public transportation, shopping centers, and schools, this property offers tenants a desirable living experience with easy access to everything they need. Off-Street Parking: Ample off-street parking for tenants, a highly desirable feature in this area. This expansive lot provides space for potential future development as the zoning allow Multi use for bushiness and commercial use. Buyers to conduct their own diligence. Adjacent property is also for sale MLS 24063150

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 2,646 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (203) 245-4700
  • Listing Agent: Bob Yostos

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Waterfront
  • View: City

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Level
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Solar, Zoned
  • Cooling: None

Other

Directions Information:

  • Directions: Rt 1 Westbrook

Price Information

Listing Price Info

Price Summary:

  • List Price: $639,000
  • Price Per SqFt: $242/SqFt

Tax Information:

  • Annual Amount: $5,292
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Westbrook, CT.

Med. Sold Price

$540K

Med. Price/SqFt

$266

# of Sold Homes

10

1286 Boston Post Rd vs Westbrook

13 DAYS ON ROCKET

$639,000

+$99K More

$242/SqFt

-$24 Less

KEY TAKEAWAY

This property is $99K more than the Median Sold Price and $24/SqFt less than other homes in Westbrook, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24061320

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (203) 245-4700
  • Listing Agent: Bob Yostos

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, 5:20:59 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

Feb 22, 2002Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,292$211,690
2020$5,292$211,690
2019$5,222$211,690
2018$5,159$211,690
2017$5,159$211,690

History based on county public records data.

Payment Calculator

$3,257

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,982

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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-4403613
6
/10
  • Kathleen E. Goodwin School

  • 80 Old Boston Post Rd

  • 3.33 miles

  • Public District Grades PK-6

school-card-donut-4403614
4
/10
  • Lewin G. Joel Jr. School

  • 137A Glenwood Rd

  • 4.32 miles

  • Public District Grades PK-4

school-card-donut-4403615
7
/10
  • Essex Elementary School

  • 108 Main St

  • 4.71 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,800. The most common annual income of people living in Westbrook, CT is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesConnecticutMiddlesex CountyWestbrook064981286 Boston Post Rd

This home is located at 1286 Boston Post Rd in Westbrook, CT and zip code 06498. This 2,646 square foot home, which was built in 1950, sits on a 0.33 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $639,000.

While more than 1 listings in Westbrook, CT in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below.

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

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