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Colchester 06415
18 Alpine Drive
Listing Courtesy of: Alan D. Williams, Williams Realty Services
$521,000
● House - Off Market

18 Alpine Drive

Colchester, Connecticut 06415
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,870 Ft²
$518,082
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Rare opportunity to live in this completed Award-Winning 55 and older Community ! This 2 floor home with finished lower level is an award winning Birch model with 2 bedrooms/2.5 baths/2 Car Garage. This home features a 1st floor primary bedroom suite and laundry, hardwood floors throughout, open floor plan with custom kitchen with an island, granite countertops and stainless steel appliances. Living area has a cozy gas fireplace and columns as well as a 1/2 bath. 2nd floor includes a 2nd bedroom, office/den, bonus room all with hardwood flooring and full bathroom. Finished lower level with walkout family room features bead board accents throughout and vinyl plank flooring. Relax in a beautiful private wooded back yard ! This home also features a whole house generator !
Unit Size
2,870 Ft²
Days on Market
-
Land Size
-
Price per sqft
$182
Property Type
House
Property Taxes
$563
HOA Dues
$250
Year Built
2014

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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: 4 years ago (Smart MLS #170586914)

Price History

Date / Event Date Event Price
Aug 25, 2023 Sold
Premium
Sold
Jul 24, 2023 Listed by Williams Realty Services $509,000
Listed by Williams Realty Services
Nov 6, 2017 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 1,996
  • Gross Building Area: 4,698
  • Building Area: 1,996
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,996
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

Neighborhood

  • School District Name: Colchester School District
  • School Tax School District: COLCHESTER SD
  • Census Tract: 714104

Geography

  • Account Number: 10A00014
  • Parcel: COLC M:005 B:006 L:201-004
  • Block: 6
  • Lot: 201-4
  • Municipality: COLCHESTER
  • Latitude: 41.5823
  • Longitude: -72.3213

    Address

  • Full Address: 18 Alpine Dr
  • Address - House Number: 18
  • Address - Street Name: Alpine
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Colchester
  • Carrier Code: R012
  • 4-Digit Zip Code: 2162
  • Zip Code: 06415

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $678,600

    Appraisal Valuation

  • Standard Deviation: 0.112
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 88
  • Final Value: 530,045
  • High Value: 589,413
  • Low Value: 470,677

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,300
  • Assessed Improvements Value: $249,300

    Sales

  • Current Sale Contract Date: Aug 23, 2023
  • Current Sale Recording Date: Aug 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 06, 2017
  • Previous Sale Amount: $349,900
  • 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 Colchester

Stats & Trends

Median Asking:

$359,500

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2244 ft²

Average Home Age

112.7 years

Currently For Sale

3 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 52 Pleasant Street, Colchester, CT, 06415

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 840 ft²
52 Pleasant Street, Colchester, CT, 06415 Listing by Carol Parda-Ziolko

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Alan D. Williams
Williams Realty Services
Last Updated: 4 years ago
Data Source: Smart MLS, MLS# 170586914
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 18 Alpine Drive built and last sold?
The property at 18 Alpine Drive was built in 2014 and last sold on Aug 23, 2023 for $521,000.
How much is this home worth?
The estimated value of the home located at 18 Alpine Drive is $526,421.
What are some comparable homes to 18 Alpine Drive?
There are currently no comparable homes to 18 Alpine Drive.
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