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Fairfield 06877
107 Flat Rock Drive
$615,000
● House - Off Market

107 Flat Rock Drive

Ridgefield, CT 06877
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,313 Ft²
$1,225,791
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Updated Colonial on Cul-de-Sac in desired Southern Ridgefield! Move right in. 4 bedrooms, 2 full baths, vaulted Great Room, Eat-in Gourmet Kitchen, Dining Room with Fireplace, finished Playroom with walk out sliders to landscaped backyard overlooking woods to Silver Spring Country Club. Sq Footage includes 390 SF on LL.  Excellent opportunity to live in premier commute location on street of significantly larger homes.
Unit Size
2,313 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$272
Property Type
House
Property Taxes
$804
HOA Dues
-
Year Built
1964

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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: 6 months ago (OneKey MLS #KEYH3315487)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Aug 18, 2020 Sold
Premium
Sold
Aug 13, 2013 Sold
Premium
Sold
May 15, 2013 Listed by Keller Williams Realty Ridgefield $630,000
Listed by Keller Williams Realty Ridgefield

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 1,938
  • Building Area: 1,938
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,938
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001020
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ridgefield School District
  • School Tax School District: RIDGEFIELD SD
  • Census Tract: 245400

Zoning

  • Zoning: RAA

Geography

  • Account Number: D190021
  • Parcel: RIDG M:D19 B:0021
  • Block: 21
  • Municipality: RIDGEFIELD
  • Latitude: 41.2503
  • Longitude: -73.5116

    Address

  • Full Address: 107 Flat Rock Dr
  • Address - House Number: 107
  • Address - Street Name: Flat Rock
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Ridgefield
  • Carrier Code: C005
  • 4-Digit Zip Code: 5311
  • Zip Code: 06877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,199,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.209
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 71
  • Final Value: 806,880
  • High Value: 975,599
  • Low Value: 638,162

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,660
  • Assessed Land Value: $252,000
  • Assessed Improvements Value: $212,660

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 18, 2020
  • Previous Sale Contract Date: Aug 12, 2020
  • Previous Sale Amount: $556,200
  • 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 Fairfield

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$336

Above Asking

0.09%

Average Days on Market

64

Average Home Size

2576 ft²

Average Home Age

62.3 years

Currently For Sale

1828 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 410 Wilton Road, Ridgefield, CT, 06877

$3,800 /mo

  • 2 Beds
  • 2 Baths
410 Wilton Road #SOUTH, Ridgefield, CT, 06877 Listing by Nancy Ollinger
Unit for rent at 15 Flat Rock Drive, Ridgefield, CT, 06877

$6,000 /mo

  • 4 Beds
  • 3 Baths
15 Flat Rock Drive, Ridgefield, CT, 06877 Listing by Michele Isenberg

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 107 Flat Rock Drive built and last sold?
The property at 107 Flat Rock Drive was built in 1964 and last sold on Aug 19, 2021 for $643,000.
How much is this home worth?
The estimated value of the home located at 107 Flat Rock Drive is $644,263.
What are some comparable homes to 107 Flat Rock Drive?
There are currently no comparable homes to 107 Flat Rock Drive.
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