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Torrington 06790
106 Mikelin Drive
Listing Courtesy of: Austin Miglin, Realty Negotiations LLC
$399,900
● House - Off Market

106 Mikelin Drive

Torrington, Connecticut 06790
bedrooms
5 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
3,676 Ft²
$2,746
Est. Monthly
10.26%
Cap Rate

About This Property

A spacious colonial-style home in charming Torringford! This home has over 2,600 square-feet of living space on the main and upper floors and another almost 1,000 square-feet of living space in the finished basement. The interior is tastefully decordated with dark wood finished, creating a sleek and polished aesthetic. The whole-house fan keeps air circulating throughout the home, and with the robust insulation and energy efficient windows, this home maintains a comfortable temperature year-round. The property has a level 1/3 acre plot, perfect for entertaining or relaxing outdoors. The large pool in the backyard only needs a liner and minor cosmetic treatment to be ready for use. If you're looking for a spacious and stylish home in a great location, come see your new home!
Unit Size
3,676 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$109
Property Type
House
Property Taxes
$782
HOA Dues
-
Year Built
1984

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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: 3 years ago (Smart MLS #170599326)

Price History

Date / Event Date Event Price
Mar 15, 2024 Sold
Premium
Sold
Feb 6, 2024 In contract -
In contract
Jan 23, 2024 Relisted $399,900
Relisted
Jan 2, 2024 In contract -
In contract
Oct 7, 2023 Price Decreased $399,900
↓ $25K (5.9%)
Price Decreased
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,548
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 2,612
  • Gross Building Area: 5,040
  • Building Area: 2,612
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,612
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Torrington School District
  • School Tax School District: TORRINGTON SD
  • Census Tract: 310602

Zoning

  • Zoning: R15S

Geography

  • Account Number: 11764
  • Parcel: TORR M:247 B:005 L:016
  • Block: 5
  • Lot: 16
  • Municipality: TORRINGTON
  • Latitude: 41.8259
  • Longitude: -73.0823

    Address

  • Full Address: 106 Mikelin Dr
  • Address - House Number: 106
  • Address - Street Name: Mikelin
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Torrington
  • Carrier Code: C035
  • 4-Digit Zip Code: 3148
  • Zip Code: 06790

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $938,700

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 87
  • Final Value: 373,348
  • High Value: 416,336
  • Low Value: 330,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,730
  • Assessed Land Value: $58,310
  • Assessed Improvements Value: $137,420

    Sales

  • Current Sale Contract Date: Mar 15, 2024
  • Current Sale Recording Date: Mar 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2024-490431
  • Previous Sale Recording Date: Aug 10, 2018
  • Previous Sale Amount: $165,000
  • 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 Torrington

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

61

Average Home Size

945 ft²

Average Home Age

61.4 years

Currently For Sale

159 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

Rentals Near You

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SMART

Listed by: Austin Miglin
Realty Negotiations LLC
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170599326
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 106 Mikelin Drive built and last sold?
The property at 106 Mikelin Drive was built in 1984 and last sold on Mar 15, 2024 for $399,900.
How much is this home worth?
The estimated value of the home located at 106 Mikelin Drive is $0.
What are some comparable homes to 106 Mikelin Drive?
There are currently no comparable homes to 106 Mikelin Drive.
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