21 Wellsville Ave New Milford, CT 06776

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3 beds · 2 baths · 1,271 sq ft · Lot Size: 9,148 sq ft · Single Family Home
Est. Property Value: $392,346

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21 Wellsville Ave is in the 06776 neighborhood of New Milford, CT. It is located in Western Connecticut County and ZIP code 06776. This Single Family Home was built in 1920 and is approximately 105 years old. The single family home spans 1271 sq ft with 3 bedrooms and 2 bathrooms and sits on a 9148 sq ft lot. According to public records, it was last sold in 2021 for $195,000 and has a tax-assessed value of $273,410, which is $309 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 21 Wellsville Ave New Milford, CT 06776 with Property Intel by Whitepages.

Owners & Occupancy for 21 Wellsville Ave

This property is owned by Eugenia Reyes. Owner contact information includes 5 phone numbers and 3 email addresses.

Property Owners

Residence***************
Landline(347) 441-4708
Distance from Property**********
Email Address********@hotmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 39
Resident 2***************** age 43
Resident 3**************
Resident 4************** age 75

Property Financials for 21 Wellsville Ave

21 Wellsville Ave, New Milford, CT has a mortgage from Newtown Svgs Bk (orig. February 05, 2021). The Western Connecticut county assessment for 2024 values it at $273,410, with annual taxes of $5,052.

Mortgage & Equity Information

Loan Amount$******
LenderNewtown Svgs Bk
Origination DateFebruary 05, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateFebruary 05, 2021
Property Tax Amount$5,052 in 2024
Purchase Price$195,000
Assessed Value$273,410 on 2024

Investment Potential for 21 Wellsville Ave

The property has a current estimated value of $392,346, which is 9% below the zip median, based on public records. It last sold on February 05, 2021 for $195K. Projected long-term
is $39,000 annually ($3,250 per month) with a 89% occupancy rate.

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Long-Term

Gross Rental
$39,000 per year($3,250 per month)
Net Operating Income
Cap Rate
Occupancy Rate
89%in 06776 zip code
 
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Property Details for 21 Wellsville Ave

Property Details

Property Sq Ft

Living Area

1,271 sq ft

11% below market

Lot Size

9,148 sq ft

69% below market

Price Per Sq Ft

Living Area

$309 / sq ft

2% above market

Lot Size Area

$43 / sq ft

197% above market

Property condition, age, exterior, etc. for 21 Wellsvi…
Longitude: -73.41665 Latitude: 41.581525 Parcel Number (APN): NMIL-000035-000002-000035…

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Discover more single family homes near 21 Wellsville Ave in New Milford, Connecticut. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 21 Wellsville Ave in Western Connecticut County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$392,346
$374,920
$17,426 (5%)
$570,006
$173,124 (30%)
YoY Price Change
2.62%
-111%
Year Built
1920
1962
-42 years
Living Space
1,271 sq ft
1,485 sq ft
-214 (-14%)
$ Per Living Sq Ft
$309
$249
$59 (24%)
Lot Size
9,148 sq ft
19,602 sq ft
-10454 (-53%)
$ Per Lot Sq Ft
$43
$20
$23 (118%)

Net Operating Income
$27,583
-$1,717 (-6%)
Annual Revenue
$39,000
$42,000
-$3,000 (-7%)
$14,851
-$1,717 (-12%)
Net Operating Income
$27,583
-$1,717 (-6%)
Cap Rate
7.46%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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