23 days on rocket

454 Norwich Westerly Rd, North Stonington, CT, 06359

$599,000

Home List Price

$7,113*

Closing Credit

8 Bedrooms
4 Full Baths
2,998 SqFt
$200/SqFt
Multi
Schools Nearby

Location

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454 Norwich Westerly Rd, North Stonington$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached Garage
Garage1 space
Year Built1947
HeatingBaseboard, Forced Air
CoolingWindow Unit(s)
BasementYes
MLS #24008541
Lot Size3.83 Acres
StatusActive

About 454 Norwich Westerly Rd

Unique opportunity! Airbnb potential! 4 single family houses on one record, 5 minutes from Foxwoods. One of the houses is a tear down. Two of the homes are in a good shape, 2BR and 1BA each, one rented at $1250. and one at $1300., excellent tenants. Last home is an Airbnb, 3BR, 1BA, excellent condition, fully furnished and operating. The Airbnb unit sleeps 6. $359/weekend night, $129/weeknight as compared to Foxwoods hotel which is $600+ on weekend nights, approx. $42,603/year gross. Conveys fully furnished with future bookings. Value of the furnishings is about $22,000 new, materials and labor. Total gross income: House 1 - $0., House 2 - $1250/mo. = $15000/yr., House 3 - $1300/mo. = $15,600/yr., House 4 - $3550/mo. = $42,603/yr. Airbnb proforma $6100.25/mo.= $73,203/yr. Well and septic. Owner paid propane heat, electricity, and Wi-Fi at the Airbnb unit, 300-$350/mo. $3,600-$4,200/year. Insurance - $5302.08/year. Taxes - $5444.62/year. All other houses tenant paid utilities. No deferred maintenance or problems in the 3 houses. Owner looking for offers!!!

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Living Area: 2,998 SqFt

Listing Office:

  • Office Name: Premier R.E. Investment Group
  • Office Phone: (860) 335-0681
  • Listing Agent: Michelle Lorenzetti

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Porch, Gutters, Lighting

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached Garage

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 3.83 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Wheeler High School, Public District Grades 9-12
  • North Stonington Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS FRIENDLY | Rt. 2 to 454 North Westerly Road, North Stonington

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $5,371
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in North Stonington, CT.

Med. Sold Price

$370K

Med. Price/SqFt

$225

# of Sold Homes

8

454 Norwich Westerly Rd vs North Stonington

23 DAYS ON ROCKET

$599,000

+$229K More

$200/SqFt

-$25 Less

KEY TAKEAWAY

This property is $229K more than the Median Sold Price and $25/SqFt less than other homes in North Stonington, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24008541

Listing Office:

  • Office Name: Premier R.E. Investment Group
  • Office Phone: (860) 335-0681
  • Listing Agent: Michelle Lorenzetti

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: 4/29/2024, 6:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,371$187,810
2020$6,257$212,100
2019$5,753$198,380
2018$5,594$198,380
2017$5,356$198,380

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-2922852
8
/10
  • North Stonington Elementary School

  • 311 Norwich Westerly Rd

  • 1.42 miles

  • Public District Grades PK-5

High School

school-card-donut-2922853
7
/10
  • Wheeler High School

  • 298 Norwich Westerly Rd

  • 1.45 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,578. The majority of North Stonington, CT residents have income between $100k-200k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesConnecticutNew London CountyNorth Stonington06359454 Norwich Westerly Rd

This home is located at 454 Norwich Westerly Rd in North Stonington, CT and zip code 06359. This 2,998 square foot home, which was built in 1947, sits on a 3.83 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $599,000.

In March 2024, from all listings sold in North Stonington, CT there were more than 4 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in North Stonington, CT between February 2024 and March 2024 increased by 9.5%.

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

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