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Tolland 06066
2 Olson Drive
Listing Courtesy of: Kevin Rockoff, Rockoff Realty
$357,000
● House - Off Market

2 Olson Drive

Vernon, Connecticut 06066
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
$1,979
Est. Monthly
14.62%
Cap Rate

About This Property

Come see 2 Olson Drive - it has so much to offer! The home is located in one of Vernon's most desirable neighborhoods. It is absolutely adorable, warm and cozy. And spacious! There are five bedrooms, all well sized and each with an ample closet. The laundry has been moved to the main level for your convenience. Surprise - under the carpet is original oak wood flooring! The backyard is a real game-changer as it's large and level - perfect for all types of outdoor activities. The basement runs the full footprint of the home and so provides extra space for a workshop, exercise area, storage and more. The home has been lovingly maintained by its owners of 47 years and has newer furnace and roof, and a whole-house generator. Schedule your tour today - you'll love it!
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1960

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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 #24086700)

Price History

Date / Event Date Event Price
Jun 18, 2025 Sold
Premium
Sold
Apr 25, 2025 In contract -
In contract
Apr 8, 2025 Listed by Rockoff Realty $319,000
Listed by Rockoff Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,666
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Vernon School District
  • School Tax School District: VERNON SD
  • Census Tract: 530200

Zoning

  • Zoning: R-22

Geography

  • Account Number: 39-062I-094A1
  • Parcel: VERN M:39 B:062I L:094A1
  • Block: 62I
  • Lot: 94A1
  • Municipality: VERNON
  • Latitude: 41.8578
  • Longitude: -72.4537

    Address

  • Full Address: 2 Olson Dr
  • Address - House Number: 2
  • Address - Street Name: Olson
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Vernon Rockville
  • Carrier Code: C015
  • 4-Digit Zip Code: 3515
  • Zip Code: 06066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $470,800

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 76
  • Final Value: 274,142
  • High Value: 324,270
  • Low Value: 224,014

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,010
  • Assessed Land Value: $38,370
  • Assessed Improvements Value: $102,640
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:

$395,000

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1910 ft²

Average Home Age

58.2 years

Currently For Sale

233 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: Kevin Rockoff
Rockoff Realty
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24086700
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 2 Olson Drive built and last sold?
The property at 2 Olson Drive was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Olson Drive is $322,190.
What are some comparable homes to 2 Olson Drive?
There are currently no comparable homes to 2 Olson Drive.
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