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118 Wolcott Avenue Middletown

$1,800,000
3 2 1,600 sq ft

The Property

A RARE FIND ON EASTON’S POINT….A parcel of land large enough for a family compound! The solidly built, well-maintained ranch home is in move-in condition. The house features a living room, dining room, and 3 bedrooms with hardwood flooring; a kitchen with linoleum flooring; 2 full bathrooms with tile flooring; full dry basement; an efficient 95% AFUE direct vent gas boiler; architectural shingles; first floor and basement washer/dryer hookups; huge fenced-in back yard; knotty pine breezeway to attached 2-car garage; tool shed; brick patio and front walkway; basement cedar closet; and retractable awnings on the front windows. ATTENTION INVESTORS: The property consists of 2 lots and the existing house is “grandfathered” to allow short-term rentals without a special permit or owner residency on the property. As an added bonus, duplexes are allowed by special permit in this zoning district.

Each lot is legally nonconforming with respect to frontage and lot width. An administrative subdivision is in the works to remove a minor encroachment of the house over the common lot line and to increase the area of one lot to 20,000 sf, which would allow an accessory dwelling unit “by right” if the proposed ordinance is adopted. The house and 2 lots are currently being offered as a package, but once the administrative subdivision is completed the owner will entertain selling the 2 parcels individually.

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Listing Details

MLS Number

1372308

Lot Size:

0.85 acres

Features

  • Basement: Full, Interior Only, Unfinished
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Fireplace: Brick, Gas Insert
  • Heating: Natural Gas, Baseboard, Forced Water
  • Heating Fuel: Natural Gas, Baseboard, Forced Water
  • Garage: 1
  • Extra Lot
  • Fenced
  • Out Building
  • Paved Driveway
  • Type: Ranch
  • Year Built: 1953

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Market Trends for Single Family Homes
in Middletown

  • Overview
    Homes for Sale Today27-93.1% decrease in inventory
    New on Market *1362.5% increase in new listings
    Avg. Asking Price/Sq.Ft. *$594.93$349 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$1,197,917$326,667 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *93.33%-5.6% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$697.98$159 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *182126 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Connell Real Property

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