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    1259 Wolcott Rd Wolcott, CT 06716

    For Sale
    $950,000

    Modernized six-unit multifamily residence with extensive capital upgrades.

    Lot size:
    1.37 Acres

    Property Features for 1259 Wolcott Rd

    General Information

    Lot size
    1.37 Acres

    Building Details

    Year built
    1950

    Source: Century 21 AllPoints Realty Agent Tyler DeVecchis

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

    Overview

    Turnkey Six-Unit Multifamily Residence

    The property at 1259 Wolcott Road is a six-unit multifamily residence featuring modernized interiors and recent capital improvements. Four of the six apartments have been updated with new flooring, refreshed bathrooms, upgraded appliances, energy-efficient windows, enhanced electrical systems, fresh paint, new cabinetry, and interior doors. Exterior enhancements include rebuilt front and back staircases and decks, new walkways, a re-graded gravel parking area, a new oil tank, boiler room upgrades, roof repairs, and refreshed exterior finishes. The grounds are well-kept and easy to maintain. This low-maintenance investment offers income potential and long-term durability, suitable for investors and owner-occupants in a strong rental market.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wolcott
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.970998
    Latitude
    41.62042

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    FAQs

    What type of property is this?
    Apartment building - Modernized six-unit multifamily residence with extensive capital upgrades.
    Where is this apartment building located?
    The property is located at 1259 Wolcott Rd Wolcott, CT.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Turnkey six-unit multifamily residence with modernized interiors and extensive capital upgrades.; - Four of six apartments have been tastefully updated with new flooring, refreshed bathrooms, upgraded appliances, energy-efficient windows, enhanced electrical systems, fresh paint, new cabinetry, and interior doors.; - Recent exterior enhancements include rebuilt staircases and decks, new walkways, re-graded parking, new oil tank, boiler room upgrades, and roof repairs.
    (860) 966-9217
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    1259 Wolcott Rd Wolcott, CT 06716
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    Wolcott, CT 06716
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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
    1259 Wolcott Rd Wolcott, CT 06716
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