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Tolland 06071
1005 Main Street
Listing Courtesy of: Michelle Travali, Century 21 AllPoints Realty
$55,400
● Land - Off Market

1005 Main Street

Somers, Connecticut 06071
bedrooms
Studio
bathrooms
0 Bath
$381
Est. Monthly
40.97%
Cap Rate

About This Property

This approved building lot offers an opportunity to build your new home on a site that once hosted a residence, with utilities readily available. The property includes a 3-bay barn, perfect for storage, a workshop, or potential future use. Conveniently located just minutes from shopping centers, major highways, hospitals, and a variety of local restaurants, this lot combines rural living with modern convenience. Don't miss the chance to bring your vision to life in this prime location!
Unit Size
-
Days on Market
-
Land Size
0.92 acres
Price per sqft
-
Property Type
Land
Property Taxes
$108
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Smart MLS #24088335)

Price History

Date / Event Date Event Price
May 5, 2025 Sold
Premium
Sold
Apr 24, 2025 In contract -
In contract
Apr 14, 2025 Listed by Century 21 AllPoints Realty $59,900
Listed by Century 21 AllPoints Realty
Jun 7, 2021 Sold
Premium
Sold
Jul 5, 2016 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000920
  • Standard Land Use Code: 8001
  • County Land Use Code: 201

Neighborhood

  • School District Name: Somers School District
  • School Tax School District: SOMERS SD
  • Census Tract: 538202

Zoning

  • Zoning: A-1

Geography

  • Account Number: 169600
  • Parcel: SOME M:06 B:37N
  • Block: 37N
  • Municipality: SOMERS
  • Latitude: 41.9819
  • Longitude: -72.4103

    Address

  • Full Address: 1005 Main St
  • Address - House Number: 1005
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: CT
  • City Name: Somers
  • Carrier Code: R005
  • 4-Digit Zip Code: 2108
  • Zip Code: 06071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $127,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,900
  • Assessed Land Value: $44,900

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 1081700003
  • Previous Sale Recording Date: Jul 05, 2016
  • Previous Sale Amount: $51,250
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tolland

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1265 ft²

Average Home Age

58 years

Currently For Sale

314 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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SMART

Listed by: Michelle Travali
Century 21 AllPoints Realty
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24088335
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1005 Main Street built and last sold?
The property at 1005 Main Street was built in and last sold on Jun 3, 2021 for $30,000.
How much is this home worth?
The estimated value of the home located at 1005 Main Street is $55,954.
What are some comparable homes to 1005 Main Street?
There are currently no comparable homes to 1005 Main Street.
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