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New London 06351
220 Preston Allen Road
Photo of 220 Preston Allen Road

1

Map

Listing Courtesy of: Matt Sokal, eRealty Advisors, Inc., (203) 767-3861
$119,000
↓ $5K (4%)
● Land - For Sale

220 Preston Allen Road

Lisbon, CT 06351
bedrooms
Studio
bathrooms
0 Bath
$699
Est. Monthly

About This Property

Don't miss your opportunity to purchase 5.7 acres in Lisbon, CT. This possible building lot is in a R40 zone. Lot is being sold as-is. Buyer to conduct their own due diligence on approvals, surveying, etc. Do not walk the property without permission.
Unit Size
-
Days on Market
-
Land Size
5.70 acres
Price per sqft
-
Property Type
Land
Property Taxes
$114
HOA Dues
-
Year Built
-

Listed By

Matt Sokal
[email protected]
eRealty Advisors, Inc.

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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: 16 days ago (Smart MLS #24146727)

Price History

Date / Event Date Event Price
Oct 23, 2026 Price Decreased $119,000
↓ $5K (4%)
Price Decreased
Jan 1, 2026 Listed by eRealty Advisors, Inc. $124,000
Listed by eRealty Advisors, Inc.
Apr 23, 2025 Listed $129,000
Listed
Don't miss your opportunity to purchase 5.7 acres in Lisbon, CT. This possible building lot is in a R40 zone. Lot is being sold as-is. Buyer to conduct their own due diligence on approvals, surveying, etc. Do not walk the property without permission.
Feb 2, 2023 No longer available -
No longer available
Jan 27, 2022 Listed by Spaulding Realty Group, LLC $138,500
Listed by Spaulding Realty Group, LLC
PRE-APPROVED lot in LISBON! Desirable area, Know for low taxes, private rear lot. Almost SIX acres! Great location to possibly do some logging, clear your lot and sell a decent amount of hardwood. Lot is part of original sub-division. Maps on-line. Reach out for more info or a private showing. Sold as is, seller is out of state.
Show More

Property Highlights

Exterior Details
Lot Features: Lightly Wooded
Lot Size Area: 248292
Lot Size Units: Square Feet
Lot Size Acres: 5.7
Lot Size Square Feet: 248292
Water Source: None
Financial Details
Tax Annual Amount: $1,366

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 248,292
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000005700
  • Standard Land Use Code: 8001
  • County Land Use Code: 201

Neighborhood

  • School District Name: Lisbon School District
  • School Tax School District: LISBON SD
  • Census Tract: 710100

Zoning

  • Zoning: 200

Geography

  • Account Number: G0077000
  • Parcel: LISB M:03 B:064 L:0001
  • Block: 64
  • Lot: 1
  • Municipality: LISBON
  • Latitude: 41.5994
  • Longitude: -72.0356

    Address

  • Full Address: 220 Preston Allen Rd
  • Address - House Number: 220
  • Address - Street Name: Preston Allen
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Lisbon
  • Carrier Code: R002
  • 4-Digit Zip Code: 7428
  • Zip Code: 06351

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $115,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,320
  • Assessed Land Value: $49,320

    Sales

  • Current Sale Recording Date: Nov 10, 1983
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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

$244

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1991 ft²

Average Home Age

70.4 years

Currently For Sale

568 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

Rentals Near You

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SMART

Listed by: Matt Sokal
eRealty Advisors, Inc.
Last Updated: 16 days ago
Data Source: Smart MLS, MLS# 24146727
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 220 Preston Allen Road built and last sold?
The property at 220 Preston Allen Road was built in and last sold on Jan 1, 1970 for $14,900.
How much is this home worth?
The estimated value of the home located at 220 Preston Allen Road is $120,190.
What are some comparable homes to 220 Preston Allen Road?
There are currently no comparable homes to 220 Preston Allen Road.
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