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Middletown 06457
106 Oak Ridge Drive
Listing Courtesy of: Hala Hanna, KW Legacy Partners
$317,000
● House - Off Market

106 Oak Ridge Drive

Middletown, Connecticut 06457
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,532 Ft²
$319,458
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

One level living, ranch 3 bedrooms, full bath and half bath. Fully remodeled kitchen with propane gas stove, double sink . island with granite counters and natural stone backslash. Full bath remodeled. Dining room, wood fireplace, laminated floor. the dining room is open to the large deck above ground with sliding door to enjoy your backyard. Garden fenced for your fresh vegetables . new windows .Third bedroom is used for laundry room right now. tons of closets. Partially finished basement, cedar closet, sunroom out side to enjoy cool nights right now propane is for the dryer and the stove. Solar system is leased. New Driveway , Detached double car garages, plenty of parking. . It wont last !!! Seller prefer As Is Rider
Unit Size
1,532 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$207
Property Type
House
Property Taxes
$398
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #170561387)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Premium
Sold
Apr 8, 2023 Listed by KW Legacy Partners $317,000
Listed by KW Legacy Partners
Oct 1, 2019 Sold
Premium
Sold
Aug 17, 2019 No longer available -
No longer available
Aug 8, 2019 Listed by KW Legacy Partners $190,000
Listed by KW Legacy Partners

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 925
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 1,244
  • Gross Building Area: 3,165
  • Building Area: 1,244
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,244
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Middletown School District
  • School Tax School District: MIDDLETOWN SD
  • Census Tract: 541401

Zoning

  • Zoning: R-30

Geography

  • Account Number: R10033
  • Parcel: MTWN M:07 L:0173
  • Lot: 173
  • Municipality: MIDDLETOWN
  • Latitude: 41.5728
  • Longitude: -72.7085

    Address

  • Full Address: 106 Oak Ridge Dr
  • Address - House Number: 106
  • Address - Street Name: Oak Ridge
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Middletown
  • Carrier Code: C029
  • 4-Digit Zip Code: 1985
  • Zip Code: 06457

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $519,500

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 72
  • Final Value: 298,194
  • High Value: 358,723
  • Low Value: 237,665

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $172,900
  • Assessed Land Value: $65,380
  • Assessed Improvements Value: $107,520

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 01, 2019
  • Previous Sale Contract Date: Sep 24, 2019
  • Previous Sale Amount: $180,000
  • 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 Middletown

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1986 ft²

Average Home Age

67.7 years

Currently For Sale

74 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

Unit for rent at 128 East Street, Middletown, CT, 06457

$2,295 /mo

  • 3 Beds
  • 2 Baths
  • 1,950 ft²
128 East Street #1, Middletown, CT, 06457 Listing by Scott Nardozzi

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Hala Hanna
KW Legacy Partners
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170561387
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 Oak Ridge Drive built and last sold?
The property at 106 Oak Ridge Drive was built in 1964 and last sold on May 12, 2023 for $317,000.
How much is this home worth?
The estimated value of the home located at 106 Oak Ridge Drive is $0.
What are some comparable homes to 106 Oak Ridge Drive?
There are currently no comparable homes to 106 Oak Ridge Drive.
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