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27 Milford Point Road, Cedar BeachMilford, CT 06460Price: $1,999,000

  • Price: $1,999,000
  • Est. Mortgage of $/month
  • 77 Days on Market
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Federal 30-year interest rate: 5.1% last updated on May 26, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,999,000List Price
  • 5Bedrooms
  • 2Bathrooms
  • 0.19Acreage
  • 1,941Square Feet

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Price adjusted by $400K ! Vacation or Year Round home with guest cottage -200+ft of Sandy Beach - on quiet - Cedar Beach - steps to Audubon Nature Center -home of the Piping Plover. There are two Fabulous houses! Jointly these homes brought in $190K in rental income last year through Airbnb & Academic rents w/ CAP RATE of 7.752%. Direct waterfront Beachside house is a contemporary -3 bdrms, 1 bth. It is an open concept beautifully appointed home w/ a 2nd story Primary bdrm with deck & unobstructed panoramic views. Beachside house offers a full deck for grilling & entertaining and has unending water views - sunrises and an incredible sandy beach. The Second home- the street side Cottage -is warm and inviting with incredible sunsets. This home offers 2 bedrms, an eat-in kitchen, Liv Rm and a cozy sunporch- just a few steps to the sandy beach. Plus two car garage for storage. Both homes have rental commitments through Airbnb. The Seller would like them honored- naturally the income would go to the Buyer. $550 night Beachside- $350 night-Street side. There are times when it is not rented and would be available to Buyer to rent or stay in. Seller is no longer renting any days. Beachside- avail From 8/29/22 - Street side Cottage from 7/29/22. The Sellers Flood Insurance is $6000 yr and not transferable. Seller is willing to include furniture with a few exceptions. If you want more room - there is Plenty of Room to Expand up and toward the water.

Property Details of 27 Milford Point Road, Cedar Beach

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Listed by Sarah Harrower of Sarah Harrower Realty

The data relating to real estate for sale on this website appears in part through the SmartMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SmartMLS through a licensing agreement. Listing information is from various brokers who participate in the SmartMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc.

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