Updated Dec 20, 2023
Smokey Hormel Acquires Wilton Single Family Property For $2.5M
221 Millstone Road, Wilton, CT, USA
$2,500,000
$399/SF
Building Size
6,252 SF
Asset Type
Single Family Residence
Closing
Jan 11, 2021
About this deal
AI
The single-family property located at 221 Millstone Road in Wilton, CT has been sold. The transaction took place on January 12, 2021.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,500,000
- Asking Price: $2,750,000
- Square Footage: 6,252
- Price Per Square Foot: $400
- Acres: 7.5
- Price Per Acre: $333,333
The buyer of the property is Smokey Hormel. The transaction was facilitated by Monica Webster from Douglas Elliman.
The single family residence sale at 221 Millstone Road, Wilton, CT, USA in Wilton, Connecticut sold for $2.5M in 2021. The building is 6,252 square feet, implying about 399 per square foot on the published price. This page is the Wilton, Connecticut file for the 221 Millstone Road, Wilton, CT, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Wilton sit in the Market section below. Filter that Wilton single family residence set by closing date to see what else sold near 221 Millstone Road, Wilton, CT, USA around 2021. Published consideration for 221 Millstone Road, Wilton, CT, USA is $2.5M, dated 2021. Cite this Smokey Hormel Acquires Wilton Single Family Property For $2.5M sale when underwriting similar single family residence product around Wilton, Connecticut.
Players
Wilton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $399 per square foot on a published $2.5M for 6,252 square feet (2021).
Browse Connecticut single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93