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New London 06340
17 Ginger Drive
Listing Courtesy of: Leo Chomen, Signature Properties of NewEng
$321,500
● House - Off Market

17 Ginger Drive

Groton, CT 06340
bedrooms
3 Beds
bathrooms
1 Bath
$1,865
Est. Monthly
9.51%
Cap Rate

About This Property

This is one sweet ranch, perfect for one floor living. You will note a lot of updates and the current resident keeps it immaculate. A deep fenced yard with a shed and a newer pressure treated deck. Vinyl sided for low maintenance. Stainless steel appliances, including stove, refrigerator and dishwasher. Nice washer and dryer as well! This location is convenient to a multitude of shopping and dining destinations. Groton has beaches and parks as well! Move right in and enjoy! Multiple offers. Final offers due by 7/23/25 by 6:00 PM
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1952

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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 #24112522)

Price History

Date / Event Date Event Price
Sep 19, 2025 Sold
Premium
Sold
Jul 24, 2025 In contract -
In contract
Jul 19, 2025 Listed by Signature Properties of NewEng $310,000
Listed by Signature Properties of NewEng
Nov 19, 2010 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 1,266
  • Gross Building Area: 1,266
  • Building Area: 1,266
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,266
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Groton School District
  • School Tax School District: GROTON SD
  • Census Tract: 702700

Zoning

  • Zoning: RS-12

Geography

  • Account Number: 169809069501
  • Parcel: GROT M:169809069501
  • Municipality: GROTON
  • Latitude: 41.3432
  • Longitude: -72.0547

    Address

  • Full Address: 17 Ginger Dr
  • Address - House Number: 17
  • Address - Street Name: Ginger
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Groton
  • Carrier Code: C012
  • 4-Digit Zip Code: 4506
  • Zip Code: 06340

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $379,500

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 73
  • Final Value: 260,261
  • High Value: 312,604
  • Low Value: 207,918

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,370
  • Assessed Land Value: $38,570
  • Assessed Improvements Value: $100,800

    Sales

  • Current Sale Recording Date: Nov 19, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Feb 26, 2010
  • Previous Sale Document Type: 71
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 London

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1901 ft²

Average Home Age

70.1 years

Currently For Sale

570 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 1154 Poquonnock Road, Groton, CT, 06340

$2,995 /mo

  • 2 Beds
  • 1 Bath
1154 Poquonnock Road #8, Groton, CT, 06340 Listing by Jonathan Rodgers

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Leo Chomen
Signature Properties of NewEng
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24112522
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 Ginger Drive built and last sold?
The property at 17 Ginger Drive was built in 1952 and last sold on Jan 1, 1970 for $179,000.
How much is this home worth?
The estimated value of the home located at 17 Ginger Drive is $313,100.
What are some comparable homes to 17 Ginger Drive?
There are currently no comparable homes to 17 Ginger Drive.
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