108 Silver Island Way Berlin, CT 06037

2 beds · 2 baths · 1,471 sq ft · Residential Condominium
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108 Silver Island Way is in the 06037 neighborhood of Berlin, CT. It is located in Capitol County and ZIP code 06037. This Residential Condominium was built in 2013 and is approximately 12 years old. The residential condominium spans 1471 sq ft with 2 bedrooms and 2 bathrooms. According to public records, it was last sold in 2023 for $359,000. Analyze and compare real estate investment strategies for properties like this home at 108 Silver Island Way Berlin, CT 06037 with Property Intel by Whitepages.

Investment Potential for 108 Silver Island Way

Long-Term

Gross Rental
$34,800 per year($2,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 06037 zip code
 
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Owners & Occupancy for 108 Silver Island Way

This property is owned by Gail M Brown. Owner contact information includes 5 phone numbers and 4 email addresses.

Property Owners

Cell Phone(716) ***-****
Residence**********
Landline(585) 493-5256+ 2 more
Distance from Property**********
Email Address*******@gmail.com
Cell Phone(914) ***-****
Residence**********
Landline(716) 693-1888+ 1 more
Distance from Property**********
Email Address******@caramail.com

Property Ownership Information

Purchase DateDecember 14, 2023
Property Tax Amount$6,353 in 2024
Purchase Price$359,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 83
Resident 2************ age 85

Property Details for 108 Silver Island Way

Property Details

Property Sq Ft

Living Area

1,471 sq ft

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Property condition, age, exterior, etc. for 108 Silver…
Longitude: -72.771797 Latitude: 41.577541 Parcel Number (APN): BERL-000273-000120-000065-000007…
Mortgage originated on through lender: Citizens Bk for$******View Mortgage Details
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Market Benchmarks

Compare data for 108 Silver Island Way in Capitol County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
YoY Price Change
Year Built
2013
1985
28 years
Living Space
1,471 sq ft
1,196 sq ft
275 (23%)
$ Per Living Sq Ft
Lot Size
$ Per Lot Sq Ft

Net Operating Income
$26,331
-$2,582 (-10%)
Annual Revenue
$34,800
$34,800
$0 (0%)
$7,301
$3,750 (51%)
Net Operating Income
$26,331
-$2,582 (-10%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians