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New London
18 Cliff Road
Listing Courtesy of: Diane M. Contino, RE/MAX Realty Group
$215,000
● House - Off Market

18 Cliff Road

Ledyard, Connecticut 06339
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,288 Ft²
$214,200
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

First time offered. This very nice front recessed entry manufactured home offers 3 bedroom, and 2 full baths. Located in charming Stonegate Village only minutes to Route 95, Mystic, shopping, major employers and all around attractions. This home has a large eat in kitchen, separate dining, good size living room. There is a separate laundry room with it's own wash sink. Home is heated by propane. Includes central air and shed. This particular site is set up for a future 2 car garage. Stonegate Village is an active 55 and over land leased community offering a recreation center, lawn care, snow removal and trash removal. Ground lease is $560 per month. Pets allowed with park owner approval. All buyers are subject to park approval.
Unit Size
1,288 Ft²
Days on Market
-
Land Size
-
Price per sqft
$167
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
2012

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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 #170583536)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Sep 16, 2023 In contract -
In contract
Jul 10, 2023 Listed by RE/MAX Realty Group $235,900
Listed by RE/MAX Realty Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,288
  • Gross Building Area: 1,344
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 3

    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: Ledyard School District
  • School Tax School District: LEDYARD SD
  • Census Tract: 701100

Geography

  • Account Number: 164718
  • Parcel: LEDY M:101 B:770 L:10 U:18
  • Block: 770
  • Lot: 10
  • Municipality: LEDYARD
  • Latitude: 41.4254
  • Longitude: -71.9719

    Address

  • Full Address: 18 Cliff Rd
  • Address - House Number: 18
  • Address - Street Name: Cliff
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Ledyard
  • Carrier Code: R002
  • 4-Digit Zip Code: 2032
  • Zip Code: 06339

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $284,700

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 88
  • Final Value: 226,630
  • High Value: 251,687
  • Low Value: 201,574

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,390
  • Assessed Improvements Value: $82,390
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

1848 ft²

Average Home Age

69.7 years

Currently For Sale

591 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

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SMART

Listed by: Diane M. Contino
RE/MAX Realty Group
Last Updated: 4 years ago
Data Source: Smart MLS, MLS# 170583536
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 Cliff Road built and last sold?
The property at 18 Cliff Road was built in 2012 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 18 Cliff Road is $244,186.
What are some comparable homes to 18 Cliff Road?
There are currently no comparable homes to 18 Cliff Road.
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