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Fairfield 06877
247 Great Hill Road
Listing Courtesy of: Marvin Beninson, Keller Williams Realty
$351,000
● House - Off Market

247 Great Hill Road

Ridgefield, Connecticut 06877
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,806 Ft²
$353,733
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Well loved and cared for home ready for a spruce up. There is a cozy fireplace, central a/c, two full baths, a spacious deck and a picture window to enjoy the beautiful plantings and flowers. Short walk to lake and a good location for commuting. Please wear masks for showings and remove shoes.
Unit Size
1,806 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$194
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1956

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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: 3 years ago (Smart MLS #170461457)

Price History

Date / Event Date Event Price
May 18, 2022 Sold
Premium
Sold
Jan 16, 2022 Listed by Keller Williams Realty $351,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 828
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 978
  • Building Area: 978
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 978
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

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

Neighborhood

  • School District Name: Ridgefield School District
  • School Tax School District: RIDGEFIELD SD
  • Census Tract: 245200

Zoning

  • Zoning: RA

Geography

  • Account Number: F080176
  • Parcel: RIDG M:F08 B:0176
  • Block: 176
  • Municipality: RIDGEFIELD
  • Latitude: 41.3255
  • Longitude: -73.4852

    Address

  • Full Address: 247 Great Hill Rd
  • Address - House Number: 247
  • Address - Street Name: Great Hill
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Ridgefield
  • Carrier Code: R028
  • 4-Digit Zip Code: 2606
  • Zip Code: 06877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $617,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 432,535
  • High Value: 516,615
  • Low Value: 348,456

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,330
  • Assessed Land Value: $164,220
  • Assessed Improvements Value: $75,110

    Sales

  • Current Sale Contract Date: May 13, 2022
  • Current Sale Recording Date: May 18, 2022
  • Current Sale Price:
    Premium
  • Current 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 Fairfield

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$335

Above Asking

0.09%

Average Days on Market

64

Average Home Size

2578 ft²

Average Home Age

62.6 years

Currently For Sale

1849 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 629 Danbury Road, Ridgefield, CT, 06877

$3,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,460 ft²
629 Danbury Road #40, Ridgefield, CT, 06877 Listing by Donna Williams
Unit for rent at 633 Danbury Road, Ridgefield, CT, 06877

$3,250 /mo

  • 2 Beds
  • 1 Bath
  • 1,460 ft²
633 Danbury Road #18, Ridgefield, CT, 06877 Listing by Dee Ceylan

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Marvin Beninson
Keller Williams Realty
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170461457
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 247 Great Hill Road built and last sold?
The property at 247 Great Hill Road was built in 1956 and last sold on May 13, 2022 for $351,000.
How much is this home worth?
The estimated value of the home located at 247 Great Hill Road is $349,954.
What are some comparable homes to 247 Great Hill Road?
There are currently no comparable homes to 247 Great Hill Road.
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