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New London 06415
17 Phoenix Road
Listing Courtesy of: Jennifer Holt, Coldwell Banker Realty
$85,000
● House - Off Market

17 Phoenix Road

Colchester, Connecticut 06415
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$977
Est. Monthly
$500
HOA / Fees
19.63%
Cap Rate

About This Property

Looking to downsize, this is the place for you. Two good size bedrooms with walk-in closets. Family room off the back for gatherings. Storage shed for extra storage. One person must be 55 or older. New Driveway and water heater.  Home being sold in as is condition. Inspections for information purposes only. Subject to park approval. Client needs to fill out application first before submitting and offer. Park requires 650 or higher credit score and a minimum income of $1500 a month. Max of two people to the unit one buyer needs to be over 55 in age.. Stove in kitchen may not be working. AS IS condition. Cash or Home equity loans only.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
-
Price per sqft
$74
Property Type
House
Property Taxes
$59
HOA Dues
$500
Year Built
1977

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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 #24071914)

Price History

Date / Event Date Event Price
Mar 19, 2025 Sold
Premium
Sold
Feb 28, 2025 In contract -
In contract
Jan 30, 2025 Listed by Coldwell Banker Realty $90,000
Listed by Coldwell Banker Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,152
  • Gross Building Area: 1,206
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T

Neighborhood

  • School District Name: Colchester School District
  • School Tax School District: COLCHESTER SD
  • Census Tract: 714103

Geography

  • Account Number: Z0472900
  • Parcel: COLC M:005 B:014 L:050-000-20
  • Block: 14
  • Lot: 50--20
  • Municipality: COLCHESTER
  • Latitude: 41.5711
  • Longitude: -72.4098

    Address

  • Full Address: 17 Phoenix Rd
  • Address - House Number: 17
  • Address - Street Name: Phoenix
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Colchester
  • Carrier Code: R007
  • 4-Digit Zip Code: 2503
  • Zip Code: 06415

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $71,300

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 70,915
  • High Value: 82,567
  • Low Value: 59,263

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,200
  • Assessed Improvements Value: $26,200
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:

$399,850

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1839 ft²

Average Home Age

69.8 years

Currently For Sale

577 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 711 Old Hartford Road, Colchester, CT, 06415

$2,100 /mo

  • 4 Beds
  • 2 Baths
  • 838 ft²
711 Old Hartford Road, Colchester, CT, 06415 Listing by Anthony Kosienski

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Jennifer Holt
Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24071914
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 Phoenix Road built and last sold?
The property at 17 Phoenix Road was built in 1977 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 17 Phoenix Road is $0.
What are some comparable homes to 17 Phoenix Road?
There are currently no comparable homes to 17 Phoenix Road.
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