18
Map
Listing Courtesy of: Joe Simmons, Coldwell Banker Realty, (860) 857-4377
$519,900
↓ $10K (1.9%)
●
House -
For Sale
261 Ridgewood Drive
Groton, CT 06355
4 Beds
1 Bath,
1
Half Bath
1,776 Ft²
$2,996
Est. Monthly
About This Property
Come see this well maintained Mystic charmer in Bel Aire!
Conveniently located close to downtown, but far enough away to
enjoy the tranquil neighborhood experience. The home is situated on
a half acre lot that backs up to the woods for more privacy. Inside
the home you will find hardwood floors and a convenient layout that
offers flexibility and flow. In the living room, the fireplace and
elegant crown moldings provide a touch of elegance. Sliders in both
the dining room and kitchen will bring you out to the Brazilian
hardwood deck where you can enjoy the tranquil view of the
backyard. Downstairs, you will find a family room and the 4th
bedroom or office space. The home is serviced by a fully
programmable Buderus boiler and is already connected to the natural
gas available in the neighborhood. This home is turn-key and ready
for its new owner. Come and enjoy Mystic living at an affordable
price!
Unit Size
1,776 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$293
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1968
Listed By
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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: 4 days ago (Smart MLS #24202545)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2026 | Price Decreased |
$519,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Sep 19, 2026 | Price Decreased |
$529,900
↓ $20K
(3.6%) | |
| Price Decreased | |||
| Aug 31, 2026 | Listed by Coldwell Banker Realty | $549,900 | |
| Listed by Coldwell Banker Realty | |||
| Oct 29, 2004 | Sold | ||
| Sold | |||
Property Highlights
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Electric Range, Refrigerator
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 1776
Property Condition: No/Resale
Architectural Style: Split Level
Year Built Source: Public Records
Year Built: 1968
Construction Materials: Shingle Siding
Lot Features: Rear Lot, In Subdivision, Lightly Wooded
Lot Size Area: 20037.6
Lot Size Units: Square Feet
Lot Size Acres: 0.46
Lot Size Square Feet: 20037.6
Water Source: Public Water Connected
Financial Details
Tax Annual Amount: $5,310
Utilities Details
Cooling Type: None
Heating Type: Hot Water
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
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HOA + Taxes
About New London
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Listed by: Joe Simmons
Coldwell Banker Realty
Last Updated: 4 days ago
Data Source: Smart MLS, MLS# 24202545
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.
Coldwell Banker Realty
Last Updated: 4 days ago
Data Source: Smart MLS, MLS# 24202545
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017