$425,464 EMV

3 Beds   3 Baths   2,328 Sq. Ft.   Single-Family
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Mount Parnassus Rd
East Haddam, CT 06423

Overview

This possible Bankruptcy asset is located at Mount Parnassus Rd, East Haddam, CT 06423. It has 3 Beds 3 Baths , 2,328 sqft of living space. This property has an estimated market value of $425,464.
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Status: Active
Listing ID: 62219248
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Learn about Mount Parnassus Rd in East Haddam, CT

This property features 3 bedrooms and 3 bathrooms, perfect for investment and/or your personal residence. With 2,328 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in East Haddam, specifically for Mount Parnassus Rd and comparable listings. Based on this expert analysis, the estimated market value is $425,464. If purchased for rental purposes, the monthly rental rate could range between $1,550 and $2,090, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Mount Parnassus Rd are updated daily along with others in East Haddam, Connecticut, ensuring you have the most current and accurate information.


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Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

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What is the city of East Haddam, CT like?

East Haddam, located in Middlesex County, Connecticut, is known for its picturesque landscapes and historical charm. The town is home to the renowned Goodspeed Opera House, which attracts visitors with its high-quality theatrical productions and stunning riverside views. The natural beauty of the Connecticut River and the surrounding state parks offers various outdoor activities such as hiking, fishing, and picnicking, making it an ideal spot for nature lovers.

Residents enjoy a tranquil lifestyle, with a focus on community events and local artisan markets that showcase the town’s culture. The local school system is well-regarded, providing educational opportunities from primary to secondary levels. Additionally, East Haddam features a delightful blend of small-town ambiance and modern conveniences, with access to amenities that promote a family-friendly environment.

With an abundance of recreational activities and access to scenic parks, East Haddam fosters a healthy lifestyle for its residents. The town's proximity to larger urban centers like Hartford and New Haven also offers easy commuting options while allowing residents to return to the peace and quiet of their community.

Nearby Schools

There are 3 schools in the area. Nearby schools include East Haddam Elementary School and Nathan Hale-Ray Middle School.

East Haddam Elementary School
Nathan Hale-Ray Middle School
Nathan Hale-Ray High School

Nearby Attractions

There are plenty of activities near this property like East Haddam Library, Community Center, and more.

East Haddam Library
Community Center
Doctors Park

What kind of public transportation is there?


Public transportation options include: Connecticut Transit bus service providing connections to nearby towns, Metro-North Railroad services available in neighboring towns for commuting to New York City. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Gillette Castle State Park, Devil's Hopyard State Park and more.

Gillette Castle State Park
Devil's Hopyard State Park
River Highlands State Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Xfinity
Frontier
Cox Communications
Rental Chart
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for Mount Parnassus Rd in East Haddam Connecticut
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Property Information

Public Records

Bankruptcy

The property located at Mount Parnassus Rd in East Haddam, CT is listed as a potential Bankruptcy asset.

This property may be available as a potential bankruptcy asset in Case Number: 24-30633. It is listed because the address was used as the mailing address for an individual who has filed for bankruptcy on 07-10-2024. This listing at Mount Parnassus Rd in East Haddam, Connecticut is among more than 1 million records featured in our comprehensive nationwide real estate database. However, unlike most property records, not all homes / addresses associated with a bankruptcy filing are for sale. We highly recommend that you first contact Roberta Napolitano (court-appointed receiver / trustee) listed below (scroll down) under "Legal/Bankruptcy Information" sections to learn whether or not the property is (or will soon be) for sale.

What is a bankruptcy estate?

A property owner who is experiencing difficult financial issues will sometimes file for bankruptcy as a last resort. This is a legal proceeding (usually called Chapter 7 bankruptcy), during which a court-appointed receiver / trustee, like Roberta Napolitano, will be assigned to determine all the assets of a distressed property owner. More often than not, a home or property is one of the most valuable assets that the court-appointed receiver / trustee will leverage to satisfy the distressed property owner’s outstanding debts. The contents of the home, as well as any other assets (e.g. cars, boats, etc.), are also often included in a bankruptcy estate. Roberta Napolitano is almost always motivated to sell a property included in a bankruptcy filing very fast -- there is no real attachment to it other than to obtain funds to pay off debts. And the savings for a savvy buyer and/or investor looking to buy a house that's part of a bankruptcy filing for sale in East Haddam, CT can be tremendous.

First Steps to Buying a Bankruptcy

In order to purchase a bankruptcy property, you will need to approach Roberta Napolitano to pursue your deal.

Contact Roberta Napolitano to find out if the property is for sale as part of the bankruptcy.  If so, request the terms for the sale of the property as well as any additional information regarding the condition of the property. This will help you understand the type of investment your are getting into.

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Legal Information

Bankruptcy Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Mount Parnassus Rd located in East Haddam, CT is $1,820/month. Comparable homes around Mount Parnassus Rd that are rentals have monthly ranges starting as low as $1,550 per month and as high as $2,090 per month. An owner looking to use this property as an investment could bring a return in the area of $1,550 - $2,090 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
07/10/24   Bankruptcy
06/18/24 08/10/24 Preforeclosure
06/13/24 07/13/24 Preforeclosure
06/12/24 08/10/24 Preforeclosure
05/08/24 07/20/24 Preforeclosure

Similar Homes Nearby East Haddam, CT


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Mount Parnassus Rd
East Haddam, CT 06423

3 Beds   3 Baths   2,328 sq. ft.   Single-Family

$425,464 EMV

Status: Active Listing ID: 62219248

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Mount-Parnassus-Rd-East-Haddam-CT-06423/62219248_lid

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