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Fairfield 06877
15 Riverside Drive
Listing Courtesy of: Carole Cousins, Compass Connecticut, LLC, (203) 241-0277
$845,000
● House - Off Market

15 Riverside Drive

Ridgefield, CT 06877
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$4,967
Est. Monthly
3.07%
Cap Rate

About This Property

Welcome to this beautifully renovated Colonial, thoughtfully updated by premier builders, Sturges Bros. Inc. Set in a quiet neighborhood, this 3-bedroom, 2.5-bath home blends timeless character with modern upgrades for today's lifestyle.  Inside, you'll find a brand-new kitchen with high-end finishes, fully renovated baths, and a spacious, sun-filled layout. A finished lower level provides additional living space, perfect for a playroom, office, or media area. Enjoy the charm of a three-season room, ideal for relaxing or entertaining. Recent upgrades include a new roof and driveway, ensuring peace of mind for years to come. With its quality craftsmanship, stylish renovations, and serene setting, this home is move-in ready and waiting for its next owner.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$754
HOA Dues
-
Year Built
1964

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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: 2 years ago (Smart MLS #24120234)

Price History

Date / Event Date Event Price
Oct 31, 2025 Sold
Premium
Sold
Sep 18, 2025 In contract -
In contract
Aug 30, 2025 Listed by Compass Connecticut, LLC $858,000
Listed by Compass Connecticut, LLC
Jul 18, 2002 Sold
Premium
Sold
May 5, 1992 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 1,775
  • Building Area: 1,775
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,775
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001070
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ridgefield School District
  • School Tax School District: RIDGEFIELD SD
  • Census Tract: 245200

Zoning

  • Zoning: RAA

Geography

  • Account Number: G110072
  • Parcel: RIDG M:G11 B:0072
  • Block: 72
  • Municipality: RIDGEFIELD
  • Latitude: 41.3078
  • Longitude: -73.4636

    Address

  • Full Address: 15 Riverside Dr
  • Address - House Number: 15
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Ridgefield
  • Carrier Code: C023
  • 4-Digit Zip Code: 3515
  • Zip Code: 06877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $852,000

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 72
  • Final Value: 690,193
  • High Value: 829,980
  • Low Value: 550,405

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,120
  • Assessed Land Value: $220,500
  • Assessed Improvements Value: $109,620

    Sales

  • Current Sale Recording Date: Jul 18, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 05, 1992
  • Previous Sale Amount: $259,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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 Fairfield

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$336

Above Asking

0.09%

Average Days on Market

64

Average Home Size

2576 ft²

Average Home Age

62.3 years

Currently For Sale

1828 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 3 Sidecut Road, Redding, CT, 06896

$3,300 /mo

  • 2 Beds
  • 1 Bath
3 Sidecut Road #B, Redding, CT, 06896 Listing by Sharon Hoverman

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Carole Cousins
Compass Connecticut, LLC
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24120234
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 Riverside Drive built and last sold?
The property at 15 Riverside Drive was built in 1964 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 15 Riverside Drive is $866,580.
What are some comparable homes to 15 Riverside Drive?
There are currently no comparable homes to 15 Riverside Drive.
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