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Fairfield 06877
17 Continental Drive
Listing Courtesy of: Mary Phelps, William Pitt Sotheby's Int'l
$765,000
● House - Off Market

17 Continental Drive

Ridgefield, Connecticut 06877
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,128 Ft²
$4,584
Est. Monthly
9.68%
Cap Rate

About This Property

The house that dreams are made of! This 4BR, 2.5BA Colonial sits on a beautiful piece of land in a lovely and quiet neighborhood and is close to town, the schools, and all that wonderful Ridgefield has available! Having had the same owner since it was built, this home is ready for its next custodians. Lovingly maintained, you'll enjoy freshly painted rooms, hardwood floors throughout, new tile in the kitchen and laundry, a newer roof, and so much more! Don't miss out - this property will not last.
Unit Size
2,128 Ft²
Days on Market
-
Land Size
1.18 acres
Price per sqft
$359
Property Type
House
Property Taxes
$827
HOA Dues
-
Year Built
1967

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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 #24059038)

Price History

Date / Event Date Event Price
Dec 27, 2024 Sold
Premium
Sold
Dec 10, 2024 In contract -
In contract
Nov 8, 2024 Listed by William Pitt Sotheby's Int'l $799,000
Listed by William Pitt Sotheby's Int'l

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,044
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,401
  • Total Building Area: 2,128
  • Building Area: 2,128
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,128
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001180
  • 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: 245600

Zoning

  • Zoning: RAA

Geography

  • Account Number: D120099
  • Parcel: RIDG M:D12 B:0099
  • Block: 99
  • Municipality: RIDGEFIELD
  • Latitude: 41.2991
  • Longitude: -73.5066

    Address

  • Full Address: 17 Continental Dr
  • Address - House Number: 17
  • Address - Street Name: Continental
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Ridgefield
  • Carrier Code: C004
  • 4-Digit Zip Code: 3111
  • Zip Code: 06877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $972,000

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 813,430
  • High Value: 973,535
  • Low Value: 653,326

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,600
  • Assessed Land Value: $220,500
  • Assessed Improvements Value: $156,100
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 139 Main Street, Ridgefield, CT, 06877

$7,700 /mo

  • 4 Beds
  • 3 Baths
  • 3,224 ft²
139 Main Street, Ridgefield, CT, 06877 Listing by Mark Travaglini
Unit for rent at 120 Ivy Hill Road, Ridgefield, CT, 06877

$6,995 /mo

  • 3 Beds
  • 2 Baths
  • 2,900 ft²
120 Ivy Hill Road, Ridgefield, CT, 06877 Listing by Kelley Vanacore

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Mary Phelps
William Pitt Sotheby's Int'l
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24059038
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 17 Continental Drive built and last sold?
The property at 17 Continental Drive was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 17 Continental Drive is $771,501.
What are some comparable homes to 17 Continental Drive?
There are currently no comparable homes to 17 Continental Drive.
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