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Torrington 06790
288 Ginger Lane
Listing Courtesy of: Pia Ciccone, Berkshire Hathaway NE Prop.
$314,000
● House - Off Market

288 Ginger Lane

Torrington, Connecticut 06790
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,664 Ft²
$1,999
Est. Monthly
9.72%
Cap Rate

About This Property

If you are looking for a four bedroom home in a sought after and quiet neighborhood setting ... this one is for you! Two bedrooms and a full bath on the first floor as well as two bedrooms and a second full bath upstairs. Enjoy this updated kitchen with newer cabinets and floor. Bathrooms with new vanities and toilets. Hardwood and bamboo floors throughout. A large porch on the back of the house and a two car garage with new garage doors. Recent updates include new roof, windows and driveway. Move in and enjoy all the comforts that this home has to offer!!
Unit Size
1,664 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$189
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1995

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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 #24025617)

Price History

Date / Event Date Event Price
Feb 14, 2025 Sold
Premium
Sold
Dec 24, 2024 In contract -
In contract
Nov 27, 2024 Listed by Berkshire Hathaway NE Prop. $314,900
Listed by Berkshire Hathaway NE Prop.
Jul 2, 2003 Sold
Premium
Sold
Sep 11, 1995 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 2
  • Basement Area: 832
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,664
  • Gross Building Area: 3,752
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Torrington School District
  • School Tax School District: TORRINGTON SD
  • Census Tract: 310601

Zoning

  • Zoning: R-WP

Geography

  • Account Number: 13127
  • Parcel: TORR M:245 B:002 L:041
  • Block: 2
  • Lot: 41
  • Municipality: TORRINGTON
  • Latitude: 41.8398
  • Longitude: -73.0766

    Address

  • Full Address: 288 Ginger Ln
  • Address - House Number: 288
  • Address - Street Name: Ginger
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: Torrington
  • Carrier Code: C035
  • 4-Digit Zip Code: 2574
  • Zip Code: 06790

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $547,800

    Appraisal Valuation

  • Standard Deviation: 0.2461
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 65
  • Final Value: 298,399
  • High Value: 371,842
  • Low Value: 224,956

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,210
  • Assessed Land Value: $33,610
  • Assessed Improvements Value: $80,600

    Sales

  • Current Sale Recording Date: Jul 02, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Sep 11, 1995
  • Previous Sale Amount: $154,750
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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 Torrington

Stats & Trends

Median Asking:

$306,950

Sale Price/ft²

$201

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1542 ft²

Average Home Age

58.2 years

Currently For Sale

110 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: Pia Ciccone
Berkshire Hathaway NE Prop.
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24025617
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 288 Ginger Lane built and last sold?
The property at 288 Ginger Lane was built in 1995 and last sold on Jan 1, 1970 for $149,900.
How much is this home worth?
The estimated value of the home located at 288 Ginger Lane is $316,337.
What are some comparable homes to 288 Ginger Lane?
There are currently no comparable homes to 288 Ginger Lane.
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