Oneida Drive Residential Estate Subdivision, Connecticut

This luxury private residential estate is situated on the waterfront of Greenwich, Connecticut with 800+ foot shoreline waterfront residence land. Considering the size of the land is fairly big for one property, Euro Properties sub-divide the 1 lot of land into 2 lots of land.

Details:

Property type: Residential Estate Subdivision

Address: Oneida Drive Greenwich, Connecticut, USA

Property acquired: 2012

Property sold: 2016

Lot size: Approx. 6.5 acre

GFA 11,000 sq. ft.

Return on Investment: 5.8x return on equity

Investment Highlights:

· Great timing of purchase after financial crisis

· Efficient tax structuring through a trust

· Rare waterfront with private dock

· Construction of an infinity pool, home theatre, wine storage, putting green, 24 hours security

· 5 mins walking distance to Greenwich