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New Haven
27 Walnut Lane
Listing Courtesy of: Lisa Sader, Aspen Realty Group
$306,500
● House - Off Market

27 Walnut Lane

North Branford, Connecticut 06472
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,442 Ft²
$1,980
Est. Monthly
7.93%
Cap Rate

About This Property

Look no further! This cozy 3-bedroom home has much to offer! Living room with fireplace opens to a dining area. Wood floors, central air. Sliders lead to a deck. One of the bedrooms has a built in book case. Lower level has an additional room and work shop area and full bath. Fenced in yard. Easy commute.
Unit Size
1,442 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$213
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1959

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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 #170594294)

Price History

Date / Event Date Event Price
Feb 27, 2024 Sold
Premium
Sold
Jan 16, 2024 In contract -
In contract
Dec 29, 2023 Price Decreased $309,500
↓ $11K (3.3%)
Price Decreased
Dec 2, 2023 Relisted $320,000
Relisted
Nov 28, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,442
  • Gross Building Area: 3,348
  • Building Area: 1,442
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,442
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Branford School District
  • School Tax School District: NORTH BRANFORD
  • Census Tract: 186200

Geography

  • Account Number: 3727
  • Parcel: NBRA M:73 B:32
  • Block: 32
  • Municipality: NORTH BRANFORD
  • Latitude: 41.4083
  • Longitude: -72.7523

    Address

  • Full Address: 27 Walnut Ln
  • Address - House Number: 27
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: Northford
  • Carrier Code: R002
  • 4-Digit Zip Code: 1128
  • Zip Code: 06472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $569,900

    Appraisal Valuation

  • Standard Deviation: 0.1061
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 89
  • Final Value: 289,501
  • High Value: 320,233
  • Low Value: 258,769

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,100
  • Assessed Land Value: $91,300
  • Assessed Improvements Value: $73,800

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Feb 27, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 15, 1998
  • Previous Sale Amount: $135,000
  • 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 New Haven

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$241

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1937 ft²

Average Home Age

71 years

Currently For Sale

1714 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

Rentals Near You

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SMART

Listed by: Lisa Sader
Aspen Realty Group
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170594294
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 27 Walnut Lane built and last sold?
The property at 27 Walnut Lane was built in 1959 and last sold on Feb 21, 2024 for $306,500.
How much is this home worth?
The estimated value of the home located at 27 Walnut Lane is $0.
What are some comparable homes to 27 Walnut Lane?
There are currently no comparable homes to 27 Walnut Lane.
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