$390,000
↓ $30K (7.7%)
●
Condo -
Off Market
16 Underhill Road #16
Monroe, CT 06468
2 Beds
2 Baths,
1
Half Bath
$2,731
Est. Monthly
$405
HOA / Fees
3.79%
Cap Rate
About This Property
Welcome to your ideal home in a serene 55+ community, surrounded by
beautiful natural woodlands! This charming residence boasts a
remodeled kitchen and 2.5 updated baths, providing modern comfort
and style. Enjoy the elegance of hardwood floors on the main level,
an energy-efficient heat pump for year-round climate control, and
an attached garage for added convenience. With a full walk-up attic
for ample storage and a peaceful cul-de-sac location with no
through traffic, you can relax and enjoy the best of community
living!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$558
HOA Dues
$405
Year Built
1997
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 months ago (Smart MLS #24073776)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2026 | Price Decreased |
$360,000
↓ $30K
(7.7%) | |
| Price Decreased | |||
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Feb 16, 2025 | In contract | - | |
| In contract | |||
| Feb 10, 2025 | Listed by Keller Williams Realty | $360,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Microwave, Refrigerator, Dishwasher, Washer, Dryer, Oven/Range
Exterior Details
Has Property Attached
Property Condition: No/Resale
Architectural Style: Ranch
Year Built Source: Public Records
Year Built: 1997
Levels: 2
Construction Materials: Vinyl Siding
Lot Features: On Cul-De-Sac
Water Source: Public Water Connected
Financial Details
Tax Annual Amount: $6,693
Utilities Details
Cooling Type: Heat Pump
Heating Type: Hot Air
Location Details
HOA/Condo/Coop Fee Includes: Pest Control, Club House, Grounds Maintenance, Property Management
HOA/Condo/Coop Amenities: Clubhouse
HOA Fee: $405
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/10/2025
|
2 Bed
|
2 Bath
|
-
|
$360,000
2 Bed
2 Bath
|
$390,000
+8.33%
03/11/2025
|
Marvin Beninson
Keller Williams Realty
|
Building Info
About Fairfield
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marvin Beninson
Keller Williams Realty
Last Updated: 5 months ago
Data Source: Smart MLS, MLS# 24073776
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.
Keller Williams Realty
Last Updated: 5 months ago
Data Source: Smart MLS, MLS# 24073776
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017