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Tolland 06238
248 Cooper Lane
Listing Courtesy of: Cheri Trudon, ERA Blanchard & Rossetto
$275,000
● House - Off Market

248 Cooper Lane

Coventry, CT 06238
bedrooms
3 Beds
bathrooms
1 Bath
$1,742
Est. Monthly
7.89%
Cap Rate

About This Property

***HIGHEST AND BEST OFFERS DUE BY 6PM ON TUESDAY AUGUST 12, 2025.*** Opportunity knocks at 248 Cooper Lane Coventry! Your chance to bring your design ideas and skills and get this 3 Bedroom home on 1.59 Acres shining again. Hardwood floors in 2 bedrooms and under the carpeting in the living room and 3rd bedroom. The eat-in-kitchen has a designated dining area and Peninsula. If you've got the talent to remodel this ranch style home, you'll end up with a beautiful home on a terrific lot just minutes from UCONN and Coventry Lake! Storage in shed and under deck. Drive under garage is a bonus. HOME IS BEING SOLD AS-IS.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1963

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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 #24116538)

Price History

Date / Event Date Event Price
Sep 19, 2025 Sold
Premium
Sold
Aug 15, 2025 In contract -
In contract
Aug 3, 2025 Listed by ERA Blanchard & Rossetto $275,000
Listed by ERA Blanchard & Rossetto

Property Highlights

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,144
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 69,260
  • Total Building Area: 1,158
  • Gross Building Area: 2,558
  • Building Area: 1,158
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,158
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001590
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Coventry School District
  • School Tax School District: COVENTRY SD
  • Census Tract: 850200

Zoning

  • Zoning: GR40

Geography

  • Account Number: R01297
  • Parcel: COVE M:0018 B:0050 L:0004C
  • Block: 50
  • Lot: 4C
  • Municipality: COVENTRY
  • Latitude: 41.7881
  • Longitude: -72.3003

    Address

  • Full Address: 248 Cooper Ln
  • Address - House Number: 248
  • Address - Street Name: Cooper
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: Coventry
  • Carrier Code: R013
  • 4-Digit Zip Code: 1604
  • Zip Code: 06238

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $383,400

    Appraisal Valuation

  • Standard Deviation: 0.1474
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 267,517
  • High Value: 306,971
  • Low Value: 228,064

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,800
  • Assessed Land Value: $52,200
  • Assessed Improvements Value: $68,600
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:

$398,000

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1770 ft²

Average Home Age

56.4 years

Currently For Sale

232 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 316 Shore Drive, Coventry, CT, 06238

$2,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,096 ft²
316 Shore Drive, Coventry, CT, 06238 Listing by Jake Cordelli

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Cheri Trudon
ERA Blanchard & Rossetto
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24116538
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 248 Cooper Lane built and last sold?
The property at 248 Cooper Lane was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 248 Cooper Lane is $0.
What are some comparable homes to 248 Cooper Lane?
There are currently no comparable homes to 248 Cooper Lane.
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