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Winsted 06098
257 Walnut Street
Listing Courtesy of: Meagan Albert, Tier 1 Real Estate
$249,000
● House - Off Market

257 Walnut Street

Winchester, Connecticut 06098
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,490 Ft²
$1,552
Est. Monthly
7.57%
Cap Rate

About This Property

Move right in to this classic historic colonial in the heart of Winsted! Enjoy the old charm paired with newer upgrades for the best of both worlds. Located on a corner lot with a fenced in yard, this home offers beautiful hard wood floors throughout, granite counters, central air and brand new hot water heater. Enjoy easy access to route 8 and other major roadways, shopping and restaurants - this location cannot be beat! Property to be sold as is.
Unit Size
1,490 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$167
Property Type
House
Property Taxes
$329
HOA Dues
-
Year Built
1900

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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 #170606607)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Nov 16, 2023 In contract -
In contract
Nov 8, 2023 Relisted $245,000
Relisted
Oct 28, 2023 In contract -
In contract
Oct 25, 2023 Listed by Tier 1 Real Estate $245,000
Listed by Tier 1 Real Estate
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 9
  • Basement Area: 855
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,490
  • Gross Building Area: 2,525
  • Building Area: 1,490
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,490
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 320102

Zoning

  • Zoning: TSF

Geography

  • Account Number: 1208
  • Parcel: WINC M:107 B:020 L:031
  • Block: 20
  • Lot: 31
  • Municipality: WINCHESTER
  • Latitude: 41.9303
  • Longitude: -73.0608

    Address

  • Full Address: 257 Walnut St
  • Address - House Number: 257
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: CT
  • City Name: Winsted
  • Carrier Code: C001
  • 4-Digit Zip Code: 1246
  • Zip Code: 06098

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $394,200
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.2529
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 253,685
  • High Value: 317,848
  • Low Value: 189,522

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,380
  • Assessed Land Value: $32,830
  • Assessed Improvements Value: $116,550

    Sales

  • Current Sale Contract Date: Dec 07, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20230-00002784
  • Previous Sale Recording Date: Nov 09, 2021
  • Previous Sale Contract Date: Nov 05, 2021
  • Previous Sale Amount: $203,000
  • 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 Winsted

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1694 ft²

Average Home Age

102.9 years

Currently For Sale

19 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 59 Cook Street, Winchester, CT, 06098

$1,950 /mo

  • 2 Beds
  • 2 Baths
59 Cook Street #7, Winchester, CT, 06098 Listing by Debra Jablonski

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Meagan Albert
Tier 1 Real Estate
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170606607
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 257 Walnut Street built and last sold?
The property at 257 Walnut Street was built in 1900 and last sold on Dec 7, 2023 for $249,000.
How much is this home worth?
The estimated value of the home located at 257 Walnut Street is $252,905.
What are some comparable homes to 257 Walnut Street?
There are currently no comparable homes to 257 Walnut Street.
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