WATERFRONT SUMMER COTTAGE ON ONE OF THE MOST BEAUTIFUL BEACHES IN CT - RIGHT ON LONG ISLAND SOUND! Great investment! The tenants always give this cottage rave reviews! There are leases in place for the balance of the summer at $2300/week! Total rental income most years is close to $30,000. This 4 bedroom home has been raised on piers to FEMA standards. It is a free standing condo in a small complex of 3 separate units. Enjoy the long white sandy beach, the captivating water views and the cool breezes. The owners of the property enjoy it themselves some weeks but rentals have made it a very good investment. Recent updates to the cottage include a new & well appointed kitchen with granite counters, updated bathrooms, new windows, and a new septic system. Parking is usually at a premium at the beach, but because the cottage is raised, there is room for parking beneath! Just think about listening to the waves lapping up on the beach and 360 degree views to enjoy the sunrises and sunsets! A favorite Wednesday night past time is watching the Duck Island Sail Boat races! The cottage is being sold "turn-key".
CondoProperty Type
1920Year Built
$665Est. Price/Sq.Ft.
4 car garageParking
Listed by Leslie Holland• William Pitt Sotheby's Int'l
Listed by Kathleen Brunoli Murphy• William Pitt Sotheby's Int'l
Bought with Virginia Proft• William Raveis Real Estate
Source:Smart MLS #170280508
Redfin Estimate
$638,183
$168K since sold in October 2020$0 since July
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This home's estimate is 178.7% higher than the average sale price ($229K) of 6 comparable homes.