Multi family 3 – each 2 bedrooms. It was first introduced to the market in 2008 for $1.1m – it currently collects $17,300 in rental income – 2 of the 3 units are renovated.
7 Ronald Lane – Cos Cob – List: $1,175,000
The sellers bought 7 Ronald in 2007 for $1,090,000 – so looks like they will need to look at this transaction as the cost of living for the last 7 years – unless it goes over list.
