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New London 06340
1290 North Road #LOT16
Photo of Unit LOT16 at 1290 North Road
Sold on Oct 6, 2026

1

Map

Listing Courtesy of: Diane Contino, RE/MAX Realty Group, (860) 213-3073
$106,000
● House - Off Market

1290 North Road #LOT16

Groton, CT 06340
bedrooms
1 Bed
bathrooms
1 Bath
square feet
728 Ft²
$1,051
Est. Monthly
$475
HOA / Fees

About This Property

New Listing. Town says 1 bedroom and it is 2. Open floor plan. Newer kitchen. Front entry has a small roof over. Available immediately. Will go CHFA.THIS IS LEASED LAND NOT AN HMO. GROUND LEASE IS $475 AS OF SEPTEMBER 1ST.  Small dogs permitted.
Unit Size
728 Ft²
Days on Market
-
Land Size
-
Price per sqft
$147
Property Type
House
Property Taxes
$50
HOA Dues
$475
Year Built
1955

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Cap Rate Calculator

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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: 16 days ago (Smart MLS #24199463)

Price History

Date / Event Date Event Price
Oct 6, 2026 Sold
Premium
Sold
Aug 18, 2026 In contract -
In contract
Aug 13, 2026 Listed by RE/MAX Realty Group $107,000
Listed by RE/MAX Realty Group
Nov 4, 2013 Sold
Premium
Sold
Jul 27, 2011 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 4
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 16
  • Floor Count: 100
  • Living Units: 1
  • Business/Commerical Units Count: 50
  • 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: 144,184
  • Total Building Area: 1,476
  • Gross Building Area: 1,476
  • Building Area: 1,476
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 1,748
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000003310
  • Standard Land Use Code: 2000
  • County Land Use Code: 397

Neighborhood

  • School District Name: Groton School District
  • School Tax School District: GROTON SD
  • Census Tract: 702100

Zoning

  • Zoning: RU-40

Geography

  • Account Number: 179016821862
  • Parcel: GROT M:179016821862
  • Municipality: GROTON
  • Latitude: 41.3878
  • Longitude: -72.0279

    Address

  • Full Address: 1290 North Rd
  • Address - House Number: 1290
  • Address - Street Name: North
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Groton
  • Carrier Code: R001
  • 4-Digit Zip Code: 2754
  • Zip Code: 06340

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,344,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $933,030
  • Assessed Land Value: $773,500
  • Assessed Improvements Value: $159,530

    Sales

  • Current Sale Recording Date: Nov 04, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000045
  • Previous Sale Recording Date: Jul 27, 2011
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: 27
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 New London

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1842 ft²

Average Home Age

69.3 years

Currently For Sale

591 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 1039 North Road, Groton, CT, 06340

$2,500 /mo

  • 2 Beds
  • 1 Bath
1039 North Road, Groton, CT, 06340 Listing by Gregory Broadbent

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Diane Contino
RE/MAX Realty Group
Last Updated: 16 days ago
Data Source: Smart MLS, MLS# 24199463
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 1290 North Road built and last sold?
The property at 1290 North Road was built in 1955 and last sold on Jan 1, 1970 for $13,000.
How much is this home worth?
The estimated value of the home located at 1290 North Road is $108,070.
What are some comparable homes to 1290 North Road?
There are currently no comparable homes to 1290 North Road.
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