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Deep River Center 06417
15 Prospect Street
Listing Courtesy of: Craig Milton, Re/Max Valley Shore, (860) 388-4663
$393,000
● House - Off Market

15 Prospect Street

Deep River, CT 06417
bedrooms
3 Beds
bathrooms
2 Baths
$2,341
Est. Monthly
6.35%
Cap Rate

About This Property

One-floor living just steps from town and the Connecticut River. This well-maintained home features an open floor plan with a spacious family room highlighted by a cathedral ceiling. Offering 3 bedrooms on the main level, plus a finished lower level with two additional rooms-perfect for bedrooms, hobby space, or a home office. Hardwood under carpets. Newer Roof. Generator hook up. Outside, enjoy garden shed for storage and projects. ***Seller is currently in process of hooking property up to city water and city sewer.***
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1955

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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 #24125968)

Price History

Date / Event Date Event Price
Nov 21, 2025 Sold
Premium
Sold
Oct 5, 2025 In contract -
In contract
Sep 12, 2025 Listed by Re/Max Valley Shore $399,900
Listed by Re/Max Valley Shore
Apr 9, 1973 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,044
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,352
  • Gross Building Area: 4,071
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Regional High School District 04
  • Census Tract: 620100

Zoning

  • Zoning: R30

Geography

  • Account Number: 110100
  • Parcel: DEEP M:56 L:135
  • Lot: 135
  • Municipality: DEEP RIVER
  • Latitude: 41.3888
  • Longitude: -72.435

    Address

  • Full Address: 15 Prospect St
  • Address - House Number: 15
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: CT
  • City Name: Deep River
  • Carrier Code: C001
  • 4-Digit Zip Code: 1914
  • Zip Code: 06417

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $422,900

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 74
  • Final Value: 329,268
  • High Value: 392,992
  • Low Value: 265,543

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,540
  • Assessed Land Value: $40,810
  • Assessed Improvements Value: $100,730

    Sales

  • Current Sale Recording Date: Apr 09, 1973
  • Current Sale Price:
    Premium
  • Current 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 Deep River Center

Stats & Trends

Median Asking:

$404,450

Sale Price/ft²

$270

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2726 ft²

Average Home Age

117.2 years

Currently For Sale

6 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 10 Phelps Lane, Deep River, CT, 06417

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,056 ft²
10 Phelps Lane, Deep River, CT, 06417 Listing by Sharon Fox

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Craig Milton
Re/Max Valley Shore
Last Updated: 12 months ago
Data Source: Smart MLS, MLS# 24125968
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 Prospect Street built and last sold?
The property at 15 Prospect Street was built in 1955 and last sold on Jan 1, 1970 for $31,000.
How much is this home worth?
The estimated value of the home located at 15 Prospect Street is $403,899.
What are some comparable homes to 15 Prospect Street?
There are currently no comparable homes to 15 Prospect Street.
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