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New Haven 06492
15 Ridgeland Circle
Listing Courtesy of: Peter Carbutti, Carbutti & Co., Realtors
$345,000
● House - Off Market

15 Ridgeland Circle

Wallingford, Connecticut 06492
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,220 Ft²
$2,071
Est. Monthly
6.69%
Cap Rate

About This Property

Great opportunity to own this solid built West-side 3 bedroom 2 full bath Ranch style home situated on almost half of an acre! Features include hardwood floors including under carpet in bedroom, unfinished lower level with many possibilities, large open yard, shed and more. This home is waiting for you to come in and make it your own. Please note this is an Estate sale and the sale is subject to Probate court approval. Highest and best written offers are due by Tues 12/19 at noon.
Unit Size
1,220 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$283
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (Smart MLS #170614371)

Price History

Date / Event Date Event Price
Jan 29, 2024 Sold
Premium
Sold
Dec 20, 2023 In contract -
In contract
Dec 13, 2023 Listed by Carbutti & Co., Realtors $329,900
Listed by Carbutti & Co., Realtors

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,012
  • Total Building Area: 1,220
  • Gross Building Area: 2,962
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,220
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000413
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wallingford School District
  • School Tax School District: WALLINGFORD SD
  • Census Tract: 175600

Geography

  • Account Number: U00420
  • Parcel: WALL M:061 L:091
  • Lot: 91
  • Municipality: WALLINGFORD
  • Latitude: 41.4833
  • Longitude: -72.837

    Address

  • Full Address: 15 Ridgeland Cir
  • Address - House Number: 15
  • Address - Street Name: Ridgeland
  • Address - Suffix Type: Cir
  • State: CT
  • City Name: Wallingford
  • Carrier Code: C034
  • 4-Digit Zip Code: 2120
  • Zip Code: 06492

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,200

    Appraisal Valuation

  • Standard Deviation: 0.1061
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 89
  • Final Value: 344,973
  • High Value: 381,594
  • Low Value: 308,353

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,800
  • Assessed Land Value: $78,800
  • Assessed Improvements Value: $75,000

    Sales

  • Current Sale Contract Date: Jan 29, 2024
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
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 Haven

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1915 ft²

Average Home Age

70.6 years

Currently For Sale

1674 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 14 Judd Square, Wallingford, CT, 06492

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,362 ft²
14 Judd Square #14, Wallingford, CT, 06492 Listing by Cindy Puccino

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Peter Carbutti
Carbutti & Co., Realtors
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170614371
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 Ridgeland Circle built and last sold?
The property at 15 Ridgeland Circle was built in 1952 and last sold on Jan 29, 2024 for $345,000.
How much is this home worth?
The estimated value of the home located at 15 Ridgeland Circle is $347,176.
What are some comparable homes to 15 Ridgeland Circle?
There are currently no comparable homes to 15 Ridgeland Circle.
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