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Image 1 - 23 Cedar Street, Forestville, Bristol, CT 06010, USA - House for sale

Image 2 - 23 Cedar Street, Forestville, Bristol, CT 06010, USA - House for sale

Image 3 - 23 Cedar Street, Forestville, Bristol, CT 06010, USA - House for sale

Image 4 - 23 Cedar Street, Forestville, Bristol, CT 06010, USA - House for sale

Image 5 - 23 Cedar Street, Forestville, Bristol, CT 06010, USA - House for sale

Image 6 - 23 Cedar Street, Forestville, Bristol, CT 06010, USA - House for sale

Image 7 - 23 Cedar Street, Forestville, Bristol, CT 06010, USA - House for sale

Image 8 - 23 Cedar Street, Forestville, Bristol, CT 06010, USA - House for sale

Home For Sale In Bristol, Connecticut

23 Cedar Street, Forestville, Bristol, CT 06010, USA

Home For Sale In Bristol, Connecticut

house for sale

5 views

Listed: 04/08/24

23 Cedar Street, Forestville, Bristol, CT 06010, USA

6 Bed:

3 Bath:

2,822 Sq Ft Living Area:

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Price

$ 469,900

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About This House

Nicely updated property in very desirable Federal Hill! Three units, one large four bedroom on first floor, and two nicely sized one bedrooms on the second floor. This home has all new kitchens and bathrooms, new walls and ceilings throughout, plus all refinished hardwood floors, new appliances, and a newer gas heating system. Updated in 2022 and a New Roof in 2024. Home also comes with a empty lot to the right of the property. Perfect income producer for investors and equally desirable for owner occupants. Net Operating Income$41, 358, CAP RATE 9.2% and ROI (Cash on Cash Return w/ 30YR 6.5% int. mtg.) 15.6, see income/expense sheet in attachments.

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Original listing

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Federal Hill Historic District Housing & Living

Household Income

Median household income: $64,586

Number of households: 24,789

The average household income in Bristol, CT grew from $61,551 to $64,586 in the past year. This data is an estimate based upon 24,789 households in Bristol, CT.
The chart below presents how household income is distributed in Bristol, CT in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Bristol, CT compared to median property taxes around the country. The prevalent amount of property taxes in Bristol, CT equals $3k+ , which is more than the national average.