1 month on rocket

3 Town Beach Rd, Old Saybrook, CT, 06475

$949,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
3,472 SqFt
$273/SqFt
House
Schools Nearby

Location

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3 Town Beach Rd, Old Saybrook$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone, Paved, Driveway
Year Built1960
HeatingBaseboard
CoolingNone
BasementYes
MLS #24004520
Lot Size0.13 Acres
StatusActive

About 3 Town Beach Rd

INVESTMENT OPPORTUNITY - CORNFIELD POINT BEACH ASSOCIATION! This property presents a rare opportunity to own a versatile space that combines commercial and residential appeal. Whether you're seeking a lucrative investment, envisioning your own Airbnb, or own beach escape, this property offers endless possibilities. Situated in the sought-after Cornfield Point Beach Association, this property is at the entry of this very desirable beach community with many residents and guests driving by daily! The property boasts a flexible layout, featuring a spacious storefront ideal for retail, caf?, breakfast/lunch destination or ice cream! Additionally, there's a separate residential unit upstairs with 4 bedrooms, oversized deck, plenty of parking, full bath providing a rental opportunities. Maximize your investment with dual income streams. Whether you choose to lease out the storefront, rent the residential unit, or utilize both spaces for personal and commercial purposes, this property promises lucrative returns and financial flexibility. There is also the option of converting the storefront into 1-2 apartments. Walk or bike to Cornfield Point Beach/two town beaches, Main Street's shops, restaurants are a short drive/bike ride away, as are the Kate Cultural Arts Center, Fenwick Golf Course and Saybrook Point. Just a few hours from NYC or Boston, your private shoreline retreat is calling you. No flood insurance required.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1960
  • Living Area: 3,472 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway NE Prop.
  • Office Phone: (860) 388-3411
  • Listing Agent: Sharon Linder

Interior Features

Interior Information:

  • Appliances: Oven/Range, Refrigerator, Dishwasher
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck

Parking Information:

  • Attached Garage: No
  • Parking: None, Paved, Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Old Saybrook Senior High School, Public District Grades 9-12
  • Old Saybrook Middle School, Public District Grades 4-8
  • Kathleen E. Goodwin School, Public District Grades PK-3

Other

Directions Information:

  • Directions: GPS Friendly - Main Street to Maple Avenue, cross to Town Beach Road. Property is on the corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $273/SqFt

HOA Fees:

  • Amount: $480
  • Frequency: Annually

Tax Information:

  • Annual Amount: $6,821
  • 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

$617K

Med. Price/SqFt

$378

# of Sold Homes

8

3 Town Beach Rd vs Old Saybrook

36 DAYS ON ROCKET

$949,000

+$332K More

$273/SqFt

-$105 Less

KEY TAKEAWAY

This property is $332K more than the Median Sold Price and $105/SqFt less than other homes in Old Saybrook, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24004520

Listing Office:

  • Office Name: Berkshire Hathaway NE Prop.
  • Office Phone: (860) 388-3411
  • Listing Agent: Sharon Linder

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: 4/28/2024, 12:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 10, 2020Home Sold
$365,000
Apr 25, 2002Home Sold
$325,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,821$340,200
2019$6,719$340,200
2018$4,665$238,000
2017$4,679$238,000

History based on county public records data.

Payment Calculator

$4,844

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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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.

Elementary School

school-card-donut-2235157
7
/10

  • Kathleen E. Goodwin School

  • 80 Old Boston Post Rd

  • 1.35 miles

  • Public District Grades PK-3

Middle School

school-card-donut-2235158
7
/10

  • Old Saybrook Middle School

  • 60 Sheffield St

  • 1.68 miles

  • Public District Grades 4-8

High School

school-card-donut-2235159
6
/10

  • Old Saybrook Senior High School

  • 1111 Boston Post Rd

  • 1.69 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,904. Typical income of Old Saybrook, CT residents is between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3 Town Beach Rd

What is the listing price of this property?

The listing price of 3 Town Beach Rd property is $949,000.

What type of property is this?

The property 3 Town Beach Rd is a house located in Old Saybrook, Connecticut, 06475.

Is this property for sale now?

Active Listing: 3 Town Beach Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3 Town Beach Rd are:
Kathleen E. Goodwin School: GreatSchools Rating 7/10
Old Saybrook Middle School: GreatSchools Rating 7/10
Old Saybrook Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,821 (source: MLS/based on county public records data).

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

The last sale was on January 10, 2020 for $365,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3 Town Beach Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3 Town Beach Rd is 3,472 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3 Town Beach Rd is 1960.

Rocket Homes›Connecticut›Middlesex County›Old Saybrook›06475›3 Town Beach Rd

This home is located at 3 Town Beach Rd in Old Saybrook, CT and zip code 06475. This 3,472 square foot home, which was built in 1960, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $949,000.

Old Saybrook, CT housing market in March 2024 saw over 3 listings sold above listed price, more than 2 sold at listed price and over 3 sold below. In March 2024 in Old Saybrook, CT there were 59.1% more homes for sale than in February 2024.

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

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