Price Reduction - Water Front
Address
988 Saybrook Road Haddam, CT
Price
$ 974,900
Property Attributes
  • MLS#N10222096
  • TypeSingle Family
  • CountyMIDDLESEX
  • CityHaddam
  • Zip06438
  • StyleColonial,Cottage
  • Year Built1765
  • Taxes14404
  • Price$ 974,900
  • Bedrooms8
  • Full Bathrooms6
  • Half Bathrooms2
  • Sqr Footage4698
  • Lot Size5.07 Acres
Listing Provided Courtesy Of:
William Pitt Sotheby's Int'l
Property Description

Get paid to live in a beautifully restored historic home set on 5 sub dividable acres by renting out a charming guest cottage & carriage house. Proven Airbnb history with current rates at $300 a night for the cottage and $400 a night for the carriage house. The Connecticut Lodging Association reports that the in state average occupancy rate is approximately 60%. 219 nights x $700= $153,300 (potential). The current owner has rented the property out for weddings at a site fee of $7,000-$10,000 per event. There are so many options at this stunning spot overlooking the Connecticut River & Haddam Meadows State Park. The main house consists of 5 bedrooms, 4 full baths, 3 of which are ensuite and have additional rental potential, and includes 3000 square feet of living space and 2 bays of garage. The 1 bedroom, 794 square foot pristine cottage has been totally renovated and is complete with a full bath & kitchen. The carriage house was built in 2015 and features a 2 bedroom, 1 bath home on the upper level equipped with a full kitchen, living room and 904 square feet of living space. The lower level features a finished/heated 3 car garage, for a total of 5 garages. All 3 residences are completely updated with the finest finishes and modern mechanicals and there is nothing left to do but move in!

Elementary School Middle School High School
Pboe Elementary School Unknown Middle School Haddam-Killingworth High School
Price History
5/31/2017 Listed $1,100,000
3/28/2018 10% - $999,000
6/9/2018 2% - $988,000
8/1/2018 2% - $974,900

General Features

Elementary School PBOE
High School Haddam-Killingworth
Neighborhood N/A
New Construction Type No
Property Type Single Family For Sale
Style Colonial, Cottage
Virtual Tour http://www.planomatic.com/mls122969
Virtual Tour Yn Yes
Year Built 1765
Year Built Source Public Records
Zoning R-2A

Interior Features

Appliances Included Gas Range, Refrigerator, Dishwasher, Washer, Dryer
Attic Description Finished, Heated
Basement Description Full, Unfinished
Cooling System Central Air
Fireplaces Total 5
Fuel Tank Location Above Ground
Heat Fuel Type Oil, Propane
Heat Type Hot Air, Radiator, Zoned
Hot Water Description Propane, Tankless Hotwater
Interior Features Auto Garage Door Opener, Cable - Available
Rooms Total 20
Sq Ft Est Heated Above Grade 4698
Sq Ft Source Public Records
Sq Ft Total 4698

Exterior Features

Direct Waterfront Yn Yes
Driveway Type Circular, Crushed Stone
Exterior Features Guest House, Patio, Porch-Enclosed, Porch-Heated, Stone Wall
Foundation Concrete
Garage Parking Info Attached Garage, Detached Garage, Under House Garage
Garages Number 5
Lot Description Open Lot, Secluded, Water View, Level Lot, Lightly Wooded, Sloping Lot
Roof Information Wood Shingle
Sewage System Septic
Siding Wood
Water Source Private Well
Waterfront Description View

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 06438

Price
AVG $450K
$970K
Taxes
AVG $7,571
$14,404
Visits
AVG 79
214
Year Built
AVG 1962
1765

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