The property at 34 Appleblossom Ln, Newtown, CT, with its 3-bedroom, 2.5-bath configuration, presents a solid rental opportunity. The estimated rent potential ranges from $3,200 to $7,000 monthly. Given the current market conditions in Newtown, which are stable with a slight upward trend, the payback period is reasonable. The property's features, like a new kitchen, hardwood floors, and an in-ground pool, boost its appeal. However, being an estate sale might pose some challenges.
To maximize rental value, consider modernizing the basement and servicing the whole house generator. These improvements can attract higher-paying tenants. If the current owner is considering selling, highlighting the updated features and market trends can be beneficial. Ensuring the house is move-in ready could also expedite the sale process and attract serious buyers.