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New Haven
273 Downs Road
Listing Courtesy of: Joseph Cafasso, Jr., eXp Realty
$405,000
● House - Off Market

273 Downs Road

Bethany, Connecticut 06524
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,500 Ft²
$408,140
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This delightful 3-bedroom ranch features all the modern amenities you desire, including a newer roof, siding with a mix of vinyl and freshly painted cedar, central air, a generator hook-up, and an expansive 2-car heated garage with ample space for a workshop. Additionally, there's a chicken coop built on a masonry foundation and a charming barn. The property is entirely private and 100% usable, providing you with complete freedom to explore and create. The location couldn't be more convenient, with easy access to Hamden, Woodbridge/Westville, Naugatuck, Beacon Falls, Prospect, and major highways like Route 15, 8, and 84, all of which are within 15 minutes' drive.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$270
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1958

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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 #170562003)

Price History

Date / Event Date Event Price
May 22, 2023 Sold
Premium
Sold
Apr 11, 2023 Listed by eXp Realty $405,000
Listed by eXp Realty
Jun 8, 2009 Sold
Premium
Sold
Mar 1, 1994 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 960
  • Gross Building Area: 4,422
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bethany School District
  • School Tax School District: BETHANY SD
  • School Tax District Code 2: REGIONAL SD 05
  • Census Tract: 161100

Zoning

  • Zoning: R-130

Geography

  • Account Number: 128900
  • Parcel: BETH M:130 B:44
  • Block: 44
  • Municipality: BETHANY
  • Latitude: 41.4117
  • Longitude: -72.9607

    Address

  • Full Address: 273 Downs Rd
  • Address - House Number: 273
  • Address - Street Name: Downs
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Bethany
  • Carrier Code: R002
  • 4-Digit Zip Code: 3608
  • Zip Code: 06524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $550,800

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 76
  • Final Value: 372,156
  • High Value: 439,951
  • Low Value: 304,362

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,790
  • Assessed Land Value: $76,090
  • Assessed Improvements Value: $69,700

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 08, 2009
  • Previous Sale Amount: $285,000
  • 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

1900 ft²

Average Home Age

70.2 years

Currently For Sale

1629 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

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SMART

Listed by: Joseph Cafasso, Jr.
eXp Realty
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170562003
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 273 Downs Road built and last sold?
The property at 273 Downs Road was built in 1958 and last sold on May 19, 2023 for $405,000.
How much is this home worth?
The estimated value of the home located at 273 Downs Road is $0.
What are some comparable homes to 273 Downs Road?
There are currently no comparable homes to 273 Downs Road.
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