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New London 06375
21 Richards Grove Road
Listing Courtesy of: Amy Rubin, William Raveis Real Estate
$425,000
● House - Off Market

21 Richards Grove Road

Waterford, Connecticut 06375
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,834 Ft²
$428,295
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Stunning cape perched on a hill over-looking the Thames River. Newly sealed spacious driveway is not steep! This lovingly curated home offers hardwood floors, granite counter top and a sunroom with views for days. Here we have three beautifully sized bedrooms and two full bathrooms. The living room features a handsome fireplace and water views. In the basement you will find another fireplace and some fabulous Luxury Vinyl flooring. Outdoors boasts a perfect flat yard, above ground pool and lovely plantings. Come and see 21 Richards Grove you will be happy you did!! Recent updates include: kitchen,sunroom,electrical,bathrooms,basement(waterproofing&LVP).
Unit Size
1,834 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$232
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1950

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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 #170559813)

Price History

Date / Event Date Event Price
May 23, 2023 Sold
Premium
Sold
Apr 1, 2023 Listed by William Raveis Real Estate $425,000
Listed by William Raveis Real Estate
Aug 20, 2013 Sold
Premium
Sold
Oct 22, 2009 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 2
  • 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: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,834
  • Gross Building Area: 3,849
  • Building Area: 1,834
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,834
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Waterford School District
  • School Tax School District: WATERFORD SD
  • Census Tract: 693600

Zoning

  • Zoning: VR-75

Geography

  • Account Number: 604000
  • Parcel: WFRD M:55 L:6504
  • Lot: 6504
  • Municipality: WATERFORD
  • Latitude: 41.3975
  • Longitude: -72.1069

    Address

  • Full Address: 21 Richards Grove Rd
  • Address - House Number: 21
  • Address - Street Name: Richards Grove
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Quaker Hill
  • Carrier Code: R003
  • 4-Digit Zip Code: 1522
  • Zip Code: 06375

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $462,700

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 69
  • Final Value: 403,203
  • High Value: 492,951
  • Low Value: 313,456

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,240
  • Assessed Land Value: $62,060
  • Assessed Improvements Value: $156,180

    Sales

  • Current Sale Contract Date: May 22, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 170796
  • Previous Sale Recording Date: Aug 20, 2013
  • Previous Sale Amount: $213,000
  • 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 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 19 Sunshine Road, Waterford, CT, 06375

$2,800 /mo

  • 3 Beds
  • 2 Baths
19 Sunshine Road, Waterford, CT, 06375 Listing by Marilyn Lusher

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Amy Rubin
William Raveis Real Estate
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170559813
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 21 Richards Grove Road built and last sold?
The property at 21 Richards Grove Road was built in 1950 and last sold on May 22, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 21 Richards Grove Road is $433,358.
What are some comparable homes to 21 Richards Grove Road?
There are currently no comparable homes to 21 Richards Grove Road.
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