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Deep River Center 06417
23 Elm Street
Listing Courtesy of: Rachel Welch, William Raveis Real Estate
$360,000
● House - Off Market

23 Elm Street

Deep River, Connecticut 06417
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,479 Ft²
$2,200
Est. Monthly
5.23%
Cap Rate

About This Property

This Federal era colonial home is just steps from downtown. Historic charm, quirky character, and unexpected, whimsical details can be found throughout. DR Historical Society charts its' history with the original owner being John Childs, the home was built with the influence of George Read, who was fondly known as "the father of Deep River". With ideal first-floor living plus additional space upstairs, it can accommodate any living style. Beautiful wood floors and natural light throughout the first floor make this a comfortable and lovely home. Complete with a nice square backyard, shed, garden beds, and a carport.  Home boasts newer siding, roof, mechanicals, and updated 200 amp service.
Unit Size
1,479 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$243
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1846

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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 #24075328)

Price History

Date / Event Date Event Price
Apr 11, 2025 Sold
Premium
Sold
Mar 8, 2025 In contract -
In contract
Mar 4, 2025 Listed by William Raveis Real Estate $360,000
Listed by William Raveis Real Estate
May 7, 2021 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1846
  • Effective Year Built: 1846
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 7
  • Basement Area: 663
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 1,479
  • Gross Building Area: 2,322
  • Building Area: 1,479
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,479
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Regional High School District 04
  • Census Tract: 620100

Zoning

  • Zoning: VRD

Geography

  • Account Number: 145400
  • Parcel: DEEP M:57 L:38
  • Lot: 38
  • Municipality: DEEP RIVER
  • Latitude: 41.3839
  • Longitude: -72.4367

    Address

  • Full Address: 23 Elm St
  • Address - House Number: 23
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: CT
  • City Name: Deep River
  • Carrier Code: C002
  • 4-Digit Zip Code: 1740
  • Zip Code: 06417

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $493,800

    Appraisal Valuation

  • Standard Deviation: 0.2634
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 62
  • Final Value: 316,716
  • High Value: 400,142
  • Low Value: 233,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,270
  • Assessed Land Value: $43,470
  • Assessed Improvements Value: $121,800

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1743
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 Deep River Center

Stats & Trends

Median Asking:

$404,450

Sale Price/ft²

$270

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2630 ft²

Average Home Age

128.1 years

Currently For Sale

7 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 100 100 W Main Street, Chester, CT, 06412

$2,100 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
100 100 W Main Street #A, Chester, CT, 06412 Listing by Aschly Daggett

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Rachel Welch
William Raveis Real Estate
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24075328
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 23 Elm Street built and last sold?
The property at 23 Elm Street was built in 1846 and last sold on May 7, 2021 for $242,000.
How much is this home worth?
The estimated value of the home located at 23 Elm Street is $0.
What are some comparable homes to 23 Elm Street?
There are currently no comparable homes to 23 Elm Street.
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