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New London 06378
15 Circle Drive
Listing Courtesy of: Diane Contino, RE/MAX Realty Group, (860) 213-3073
$145,000
● House - Off Market

15 Circle Drive

Stonington, CT 06378
bedrooms
3 Beds
bathrooms
2 Baths
$858
Est. Monthly
16.95%
Cap Rate

About This Property

Original owner and in move in condition. This 3 bedroom, 2 full bath manufactured home is in move in condition. Open floor plan, walk in closets, nice level leased lot.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
2006

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: 12 months ago (Smart MLS #24087791)

Price History

Date / Event Date Event Price
Nov 21, 2025 Sold
Premium
Sold
Oct 18, 2025 In contract -
In contract
Oct 15, 2025 Price Decreased $149,900
↓ $10K (6.3%)
Price Decreased
Oct 2, 2025 Price Decreased $159,900
↓ $5K (3.1%)
Price Decreased
Sep 23, 2025 Price Decreased $165,000
↓ $15K (8.3%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 0
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T

Neighborhood

  • School District Name: Stonington School District
  • School Tax School District: STONINGTON SD
  • Census Tract: 705400

Zoning

  • Zoning: RR-80

Geography

  • Account Number: 822820
  • Parcel: STON M:139 B:3 L:1 U:M15
  • Block: 3
  • Lot: 1
  • Municipality: STONINGTON
  • Latitude: 41.4157
  • Longitude: -71.9346

    Address

  • Full Address: 15 Circle Dr
  • Address - House Number: 15
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Stonington
  • Carrier Code: R002
  • 4-Digit Zip Code: 1506
  • Zip Code: 06378

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $139,700

    Appraisal Valuation

  • Standard Deviation: 0.2078
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 71
  • Final Value: 129,739
  • High Value: 156,701
  • Low Value: 102,777

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,400
  • Assessed Improvements Value: $70,400
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

Rentals Near You

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SMART

Listed by: Diane Contino
RE/MAX Realty Group
Last Updated: 12 months ago
Data Source: Smart MLS, MLS# 24087791
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 15 Circle Drive built and last sold?
The property at 15 Circle Drive was built in 2006 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15 Circle Drive is $0.
What are some comparable homes to 15 Circle Drive?
There are currently no comparable homes to 15 Circle Drive.
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