13 days on rocket

Sale Pending

8 Sheephill Rd, Greenwich, CT, 06878

$1,199,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,000 SqFt
$600/SqFt
Multi
Schools Nearby

Location

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8 Sheephill Rd, Greenwich$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached Garage, On Street Parking, Off Street Parking, Driveway
Garage2 spaces
Year Built1925
HeatingHot Water
CoolingWindow Unit(s)
BasementYes
MLS #24009699
Lot Size0.21 Acres
StatusSale Pending
(Under Contract)

About 8 Sheephill Rd

HIGHEST AND BEST BY 4/23/24 AT 5 pm. Welcome to a truly rare find - a unique 2-family home offering 4 separate incomes! This exceptional property presents a lucrative investment or owner occupant opportunity in a prime location, boasting not only two well-maintained residential units but also an additional building currently housing a successful restaurant, along with a detached 2-car garage that is already rented out for $400/mo. Each 2 bed 1 bath residential unit within the main house is currently occupied by excellent tenants and has been impeccably maintained, ensuring a steady stream of rental income. The additional building, currently home to a successful restaurant, adds an exciting dimension to this investment, providing a diverse income stream to the astute buyer. This property also offers ample room for increasing rental income, making it an enticing prospect for those seeking to maximize their return on investment. Conveniently set in a prime location, you'll have easy access to essential amenities, schools, shopping, and more. Additionally, there may be a possibility to build another structure in place of the restaurant and garage. Buyer to do their own due diligence with zoning. Whether you are an experienced investor, developer, or owner-occupant looking to offset monthly payments with rental income, this property presents an exceptional opportunity to achieve your financial goals.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: Compass Connecticut, LLC
  • Office Phone: (203) 309-6712
  • Listing Agent: Jacob Bivona

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached Garage, On Street Parking, Off Street Parking, Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Greenwich High School, Public District Grades 9-12
  • Central Middle School, Public District Grades 6-8
  • Cos Cob School, Public District Grades KG-5

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $600/SqFt
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Housing Market Comparison

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

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Greenwich, CT

City

Med. Sold Price

$1.6M

Med. Price/SqFt

$589

Avg. Days On Market

101

# of Sold Homes

21

8 Sheephill Rd vs Greenwich

13 DAYS ON ROCKET

-88 Days

$1,199,000

-$496.8K Less

$600/SqFt

+$10 More

KEY TAKEAWAY

This property is $496.8K less than the Median Sold Price and $10/SqFt more than other homes in Greenwich, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24009699

Listing Office:

  • Office Name: Compass Connecticut, LLC
  • Office Phone: (203) 309-6712
  • Listing Agent: Jacob Bivona

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: 5/1/2024, 4:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$6,052

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-4044924
6
/10

  • Cos Cob School

  • 300 E Putnam Ave

  • 0.77 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4044925
8
/10

  • Central Middle School

  • 9 Indian Rock Ln

  • 1.23 miles

  • Public District Grades 6-8

High School

school-card-donut-4044926
7
/10

  • Greenwich High School

  • 10 Hillside Rd

  • 1.50 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 $110,156. The most common annual income of people living in Greenwich, CT is between $100k-200k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Connecticut›Fairfield County›Greenwich›06878›8 Sheephill Rd

This home is located at 8 Sheephill Rd in Greenwich, CT and zip code 06878. This 2,000 square foot home, which was built in 1925, sits on a 0.21 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $1,199,000.

In March 2024, from all listings sold in Greenwich, CT there were more than 11 sold above asking price, over 8 sold below and more than 2 were sold right at the asked price. In March 2024 in Greenwich, CT there were 3.1% less homes for sale than in February 2024. Listings spent 101 days on the market in March 2024, and had a median list price of $1,695,833 during the same period.

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

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