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North Haven 06473
1203 Ridge Road
Listing Courtesy of: Xiaobo Liu, United Realty Plus
$490,000
● House - Off Market

1203 Ridge Road

North Haven, Connecticut 06473
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,427 Ft²
$3,263
Est. Monthly
15.37%
Cap Rate

About This Property

Please don't miss this wonderful opportunity for a spacious property! A 5-bedroom, 4.5-bathroom stone expanded home with an in-law room, heated home studio (detached), and a two-car garage with a rounded driveway. The in-law room adds versatility, while the heated studio could be perfect for a home office, art space, or any other creative use. The total living SqFt for main property is 3659 and the detached home studio living SqFt is 768.
Unit Size
4,427 Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$111
Property Type
House
Property Taxes
$856
HOA Dues
-
Year Built
-

Payment Calculator

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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 #24044668)

Price History

Date / Event Date Event Price
Nov 1, 2024 Sold
Premium
Sold
Sep 24, 2024 In contract -
In contract
Sep 20, 2024 Price Decreased $549,900
↓ $50K (8.3%)
Price Decreased
Sep 5, 2024 Listed by United Realty Plus $599,900
Listed by United Realty Plus
May 13, 2013 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Building Count: 2
  • 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: 48,787
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001120
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: North Haven School District
  • School Tax School District: NORTH HAVEN SD
  • Census Tract: 167102

Zoning

  • Zoning: R20

Geography

  • Account Number: 187460
  • Parcel: NRHV M:033 L:077
  • Lot: 77
  • Municipality: NORTH HAVEN
  • Latitude: 41.3674
  • Longitude: -72.898

    Address

  • Full Address: 1203 Ridge Rd
  • Address - House Number: 1203
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: North Haven
  • Carrier Code: C016
  • 4-Digit Zip Code: 4437
  • Zip Code: 06473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $968,600

    Appraisal Valuation

  • Standard Deviation: 0.1835
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 76
  • Final Value: 660,548
  • High Value: 781,813
  • Low Value: 539,283

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $296,670
  • Assessed Land Value: $91,040
  • Assessed Improvements Value: $205,630

    Sales

  • Current Sale Recording Date: May 13, 2013
  • Current Sale Price:
    Premium
  • Current 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 North Haven

Stats & Trends

Median Asking:

$479,900

Sale Price/ft²

$270

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2089 ft²

Average Home Age

72.4 years

Currently For Sale

38 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: Xiaobo Liu
United Realty Plus
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24044668
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 1203 Ridge Road built and last sold?
The property at 1203 Ridge Road was built in and last sold on Jan 1, 1970 for $520,000.
How much is this home worth?
The estimated value of the home located at 1203 Ridge Road is $494,900.
What are some comparable homes to 1203 Ridge Road?
There are currently no comparable homes to 1203 Ridge Road.
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