$150,000
↓ $170K (51.5%)
●
Land -
Off Market
14 Cherrywood Drive
Ellington, CT 06029
Studio
0 Bath
$991
Est. Monthly
13.09%
Cap Rate
About This Property
Excellent opportunity to build your own home in an already
established neighborhood! 3.54 acres in the heart of Woodside
Acres. Approved for a 4-bedroom house. Potential build site has
already been cleared of trees. Bring your dream home to life!
Unit Size
-
Days on Market
-
Land Size
3.54 acres
Price per sqft
-
Property Type
Land
Property Taxes
$206
HOA Dues
-
Year Built
-
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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 (Smart MLS #24059584)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2026 | Price Decreased |
$159,900
↓ $170K
(51.5%) | |
| Price Decreased | |||
| Dec 23, 2025 | Listed | $329,900 | |
| Listed | |||
| | |||
|
Rare opportunity in Ellington's desirable Woodside Acres neighborhood! This offering includes two fully approved building lots being sold together for one price, totaling 3.7 acres of private, picturesque land surrounded by established homes. Both lots are approved for 4-bedroom homes, providing flexibility to build your dream residence or explore a multi-home investment opportunity. Public water is available; septic systems are required. Situated in one of Ellington's most sought-after locations, this land combines space, privacy, and convenience, just minutes from schools, parks, and commuter routes. Don't miss this chance to secure prime real estate in a premier neighborhood where opportunities like this are rare.
| |||
| Oct 22, 2025 | Listed | $329,900 | |
| Listed | |||
| | |||
|
Rare opportunity in Ellington's desirable Woodside Acres neighborhood! This offering includes two fully approved building lots being sold together for one price, totaling 3.7 acres of private, picturesque land surrounded by established homes. Both lots are approved for 4-bedroom homes, providing flexibility to build your dream residence or explore a multi-home investment opportunity. Public water is available; septic systems are required. Situated in one of Ellington's most sought-after locations, this land combines space, privacy, and convenience, just minutes from schools, parks, and commuter routes. Don't miss this chance to secure prime real estate in a premier neighborhood where opportunities like this are rare.
| |||
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Tolland
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Listed by: Joseph Malone
Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: Smart MLS, MLS# 24059584
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.
Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: Smart MLS, MLS# 24059584
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017