988 Saybrook Road Haddam, CT 06438

Middlesex

$974,900

down from $988,000 Last reduced on: 08/01/2018
  • 5.07Acreage
  • MLS Number 170028103
  • Year Built 1765
  • Acreage 5.07
  • Zoning R-2A
  • Municipality Haddam
  • Sewer Septic

Property Description For 988 Saybrook Road Haddam, CT 06438

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 st... More
Listing presented by

Listing courtesy of William Pitt Sotheby's Int'l

Loan Type 5 Yr ARM 7 Yr ARM 15 Yr Fixed 30 Yr Fixed
Interest Rate 2.746% 2.961% 3.182% 4.221%
Monthly Mortgage Amount $3,182 $3,272 $5,455 $3,824
Monthly Mortgage Insurance $0 $0 $0 $0
Monthly Estimated RE Taxes $1,200 $1,200 $1,200 $1,200
Monthly Estimated Total $4,383 $4,472 $6,655 $5,024
Thoroughbred Mortgage

All information is from sources believed to be reliable and is subject to change of price, rental, commission or other conditions, prior sale, lease or financing or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footage are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics are reserved. Customer should consult with its counsel regarding closing costs. Nothing herein shall constitute an offer or solicitation with respect to the purchase or sale of any property in any jurisdiction in which such offer or solicitation is not authorized or to any person to whom it would be unlawful to make an offer or solicitation.