Existing contact will buyer might be falling apart as of 9/12 because they in fact are not buying with cash . ( Cash from a lender ) Please schedule new showings . The new assessment from Simsbury is $299,000 I grew up next door to this house, and was told as a boy that it was originally a hunting lodge. ( Picture the lakehouse from The Godfather movie, but without the lake. ) It is located right at the base of Sugarloaf mountain. It was constructed in 1945, and has never been on the real estate market since it was built. There have only been three owners since 1945. With 2.7 acres of land, there may be a rear lot possible that could be split off and sold. ( approx. $200,000 ) There is a building permit open with the Town of Simsbury. We have an estimate from a drywall contractor of $12,600 for all new sheetrock for all walls & ceilings . There is updated 200 amp service, with a newer panel, and I was told the existing Romex electrical can be tied into and expanded. This is a renovation project. It has been demo'd down to the framing. The best buyer is probably the one that can do some of the work themselves, as I had planned to do. There was a pre listing appraisal done, and upon completion, the value given was $515,000, with off the shelf Grade B finishes , as our intention was to keep it for a long term rental added to our investment portfolio . The rental rate for a stand alone house in Simsbury of a house this size is $3,000 per month +/-
$260,000 • 2.50%
Make OfferMatthew F Schoenhardt, William Raveis Real Estate
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