This house at 229 Stanwich Road routinely rented for good sums: $17,000 per month in 2002, $16,000 in 2006. Somewhere in there was a rental to an insurance crook who never paid, had to be evicted and is probably still in jail for his sins but hey, that’s all part of the fun in renting your house – who knows?
In any event, the house, empty again, was put up for rent this past August for $16,800 not a crazy sum given its rental history. But there are no takers and today the rent was dropped to $12,000. That’s a big drop.