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Fairfield 06877
129 Spring Valley Road
$3,090,000
● House - Off Market

129 Spring Valley Road

Ridgefield, NY 06877
bedrooms
7 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
8,424 Ft²
$5,119,003
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

The home was built from two vintage barns, taken apart, labeled and reconstructed on the park-like 31 acre site overlooking a waterfall and bucolic river. A showplace for art-inside and out. There is an indoor lap pool, parallel to the river, a recently renovated outdoor pool and pool house, a two bedroom, privately sited cottage and an additional garage/work space. Bordering North Salem, the trail system connects through the property for miles. Never be bored on this special property! Additional Information:  Amenities:Guest Quarters,ParkingFeatures:3 Car Attached,4+ Car Detached,
Unit Size
8,424 Ft²
Days on Market
-
Land Size
31.09 acres
Price per sqft
$415
Property Type
House
Property Taxes
$4,853
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: 5 months ago (OneKey MLS #KEYH4832218)

Price History

Date / Event Date Event Price
Oct 2, 2019 Sold
Premium
Sold
Jul 31, 2019 In contract -
In contract
Feb 22, 2019 Price Decreased $3,495,000
↓ $455K (11.5%)
Price Decreased
Oct 30, 2018 Price Increased $3,950,000
↑ $455K (13%)
Price Increased
Jul 11, 2018 Listed by Douglas Elliman Real Estate $3,495,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage
Elevator
Air Conditioning
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
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 778,417
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000017870
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Ridgefield School District
  • School Tax School District: RIDGEFIELD SD
  • Census Tract: 245600

Zoning

  • Zoning: RAAA

Geography

  • Account Number: B060003
  • Parcel: RIDG M:B06 B:0003
  • Block: 3
  • Municipality: RIDGEFIELD
  • Latitude: 41.3401
  • Longitude: -73.544

    Address

  • Full Address: 129 Spring Valley Rd
  • Address - House Number: 129
  • Address - Street Name: Spring Valley
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Ridgefield
  • Carrier Code: R027
  • 4-Digit Zip Code: 1219
  • Zip Code: 06877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,328,700

    Appraisal Valuation

  • Standard Deviation: 0.1326
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 73
  • Final Value: 3,640,642
  • High Value: 4,123,644
  • Low Value: 3,157,639

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,452,030
  • Assessed Land Value: $466,340
  • Assessed Improvements Value: $1,985,690
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:

$669,900

Sale Price/ft²

$332

Above Asking

0.09%

Average Days on Market

64

Average Home Size

2527 ft²

Average Home Age

62.6 years

Currently For Sale

1863 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 955 Peach Lake Road, North Salem, NY, 10560

$6,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,940 ft²
955 Peach Lake Road, North Salem, NY, 10560 Listing by Jessica A. Broomhead
Unit for rent at 71 Ledges Road, Ridgefield, CT, 06877

$6,500 /mo

  • 3 Beds
  • 3 Baths
71 Ledges Road, Ridgefield, CT, 06877 Listing by Barbara Assiff

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 129 Spring Valley Road built and last sold?
The property at 129 Spring Valley Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 129 Spring Valley Road is $3,529,950.
What are some comparable homes to 129 Spring Valley Road?
There are currently no comparable homes to 129 Spring Valley Road.
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