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Norwich 06360
14 Taylor Drive
Listing Courtesy of: Quincy Clayton, NextHome Elite Realty
$287,000
● House - Off Market

14 Taylor Drive

Norwich, Connecticut 06360
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,915 Ft²
$285,210
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Discover this captivating 4-bed, 2-bath Cape styled home in Norwich. Conveniently located near the downtown waterfront, hospital, houses of worship, restaurants, and shopping, it offers easy access to amenities. With over 1900 sq ft, hardwood floors, fenced yard, included children's playscape, and trampoline, this residence combines comfort and fun. Features include an attached garage, updated kitchen, and spacious rooms. Tucked away on a peaceful dead-end street, it provides a serene retreat. Don't miss the chance to own this charming home and enjoy the best of Norwich's vibrant community! Sale is contingent upon the seller securing suitable housing of their choice. Actively looking and currently identified an option.
Unit Size
1,915 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$150
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1951

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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: 3 years ago (Smart MLS #170584333)

Price History

Date / Event Date Event Price
Sep 11, 2023 Sold
Premium
Sold
Jul 13, 2023 Listed by NextHome Elite Realty $259,900
Listed by NextHome Elite Realty
Jun 21, 2019 Sold
Premium
Sold
Sep 19, 1995 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,176
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,915
  • Gross Building Area: 4,038
  • Building Area: 1,915
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,915
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwich School District
  • School Tax School District: NORWICH SD
  • Census Tract: 696500

Zoning

  • Zoning: R40

Geography

  • Account Number: 47710001
  • Parcel: NORW M:92 B:2 L:23
  • Block: 2
  • Lot: 23
  • Municipality: NORWICH
  • Latitude: 41.5321
  • Longitude: -72.0839

    Address

  • Full Address: 14 Taylor Dr
  • Address - House Number: 14
  • Address - Street Name: Taylor
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Norwich
  • Carrier Code: C032
  • 4-Digit Zip Code: 4235
  • Zip Code: 06360

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $532,100

    Appraisal Valuation

  • Standard Deviation: 0.2422
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 66
  • Final Value: 281,772
  • High Value: 350,039
  • Low Value: 213,506

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,400
  • Assessed Land Value: $29,500
  • Assessed Improvements Value: $79,900

    Sales

  • Current Sale Contract Date: Sep 08, 2023
  • Current Sale Recording Date: Sep 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023003640
  • Previous Sale Recording Date: Jun 21, 2019
  • Previous Sale Contract Date: Jun 14, 2019
  • Previous Sale Amount: $155,000
  • 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 Norwich

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

53

Average Home Size

810 ft²

Average Home Age

108.4 years

Currently For Sale

160 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: Quincy Clayton
NextHome Elite Realty
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170584333
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 14 Taylor Drive built and last sold?
The property at 14 Taylor Drive was built in 1951 and last sold on Sep 8, 2023 for $287,000.
How much is this home worth?
The estimated value of the home located at 14 Taylor Drive is $268,586.
What are some comparable homes to 14 Taylor Drive?
There are currently no comparable homes to 14 Taylor Drive.
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