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Tolland 06084
181 New Road
Listing Courtesy of: Eric Kelly, KW Legacy Partners
$253,500
● House - Off Market

181 New Road

Tolland, Connecticut 06084
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,284 Ft²
$252,808
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome home to 181 New Rd! Enjoy one-floor living on 4.7 acres! Features 3 freshly painted bedrooms, Completely renovated full bath, Rustic eat-in kitchen with fireplace, and a Large family room. Also featured on the property is a newer 10 x 16 Kloter Farms Garden Shed with a dedicated power supply. Conveniently located 5 minutes from I-84, yet set in a very quiet and rural setting. Property to be sold as-is. ***HIGHEST AND BEST DUE BY 5PM WED MAY 24th***
Unit Size
1,284 Ft²
Days on Market
-
Land Size
4.70 acres
Price per sqft
$197
Property Type
House
Property Taxes
$414
HOA Dues
-
Year Built
1945

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (Smart MLS #170567014)

Price History

Date / Event Date Event Price
Jul 20, 2023 Sold
Premium
Sold
May 15, 2023 Listed by KW Legacy Partners $253,500
Listed by KW Legacy Partners

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 13
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 204,732
  • Total Building Area: 1,284
  • Gross Building Area: 2,040
  • Building Area: 1,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,284
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004700
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Tolland School District
  • School Tax School District: TOLLAND SD
  • Census Tract: 533102

Zoning

  • Zoning: RDD

Geography

  • Account Number: 1166
  • Parcel: TOLL M:33 B:J L:1-00
  • Block: J
  • Lot: 1-0
  • Municipality: TOLLAND
  • Latitude: 41.837
  • Longitude: -72.3935

    Address

  • Full Address: 181 New Rd
  • Address - House Number: 181
  • Address - Street Name: New
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Tolland
  • Carrier Code: R001
  • 4-Digit Zip Code: 3733
  • Zip Code: 06084

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $496,900

    Appraisal Valuation

  • Standard Deviation: 0.0895
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 92
  • Final Value: 230,661
  • High Value: 251,307
  • Low Value: 210,016

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,100
  • Assessed Land Value: $76,100
  • Assessed Improvements Value: $57,000

    Sales

  • Current Sale Contract Date: Jul 18, 2023
  • Current Sale Recording Date: Jul 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 952
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 Tolland

Stats & Trends

Median Asking:

$398,000

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1770 ft²

Average Home Age

56.4 years

Currently For Sale

232 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: Eric Kelly
KW Legacy Partners
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170567014
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 181 New Road built and last sold?
The property at 181 New Road was built in 1945 and last sold on Jul 18, 2023 for $253,500.
How much is this home worth?
The estimated value of the home located at 181 New Road is $0.
What are some comparable homes to 181 New Road?
There are currently no comparable homes to 181 New Road.
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