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    298 Railtree Hill Rd Woodbury, CT 06798

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    For Sale
    $409,000

    Multifamily property featuring three separate living spaces in Woodbury.

    Lot size:
    1.48 Acres

    Property Features for 298 Railtree Hill Rd

    General Information

    Lot size
    1.48 Acres

    Building Details

    Year built
    1967

    Source: Coldwell Banker Realty Agent Shawna M. Mucherino

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Woodbury Multifamily Property with Units

    Located in Woodbury, this property presents an opportunity for investors or owner-occupants, featuring three separate living spaces. The main house includes 3 bedrooms and 2 full baths. A second building houses two additional units: a 1-bedroom, 1-bath apartment on the lower level and a 2-bedroom, 1-bath unit upstairs. Each unit has separate electric meters. The property includes two wells and two septic systems. A two-car garage is also present. The roof on the apartment building is one year old. The property is located close to shops and dining.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Building Supply Spa & Massage Wholesale Shop Garden Center Electrical Service Furniture Store Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodbury
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.2418091
    Latitude
    41.5594179

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily property featuring three separate living spaces in Woodbury.
    Where is this multifamily property located?
    The property is located at 298 Railtree Hill Rd Woodbury, CT.
    What is the asking price?
    The asking price for this property is $409,000.
    What are key features of this property?
    This property features: - Three separate living spaces ideal for investors or owner-occupants.; - Separately metered electric for each unit.; - Main house features 3 bedrooms and 2 full baths.
    (203) 560-6313
    Request Owner's contact information
    298 Railtree Hill Rd Woodbury, CT 06798
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    Woodbury, CT 06798
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    298 Railtree Hill Rd Woodbury, CT 06798
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