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New London 06382
3 Libby Drive
Listing Courtesy of: Joan Casey, RE/MAX Legends
$295,000
● House - Off Market

3 Libby Drive

Montville, Connecticut 06382
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,922 Ft²
$294,195
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Perfect place to call HOME. This 3 bedroom Colonial boasts hardwood floors throughout most of the rooms. Main floor consists of a large living room with fireplace, a dining room with a slider out to a covered deck, kitchen and half bath. On the second level you will find a generously sized primary bedroom, 2 other bedrooms and a full bath with tiled walk-in shower!! A shed in the backyard will conveniently hold all your garden tools. Close proximity to Mohegan Sun & Norwich Inn and Spa. Don't hesitate to take a peak; this could be the one you've been waiting for!!!!
Unit Size
1,922 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$153
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1965

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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 #170567305)

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold
Premium
Sold
May 1, 2023 Listed by RE/MAX Legends $295,000
Listed by RE/MAX Legends
Feb 16, 2017 Sold
Premium
Sold
Oct 1, 1968 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1980
  • 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: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,372
  • Gross Building Area: 2,860
  • Building Area: 1,372
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,372
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Montville School District
  • School Tax School District: MONTVILLE SD
  • Census Tract: 870501

Zoning

  • Zoning: R20

Geography

  • Account Number: H0665600
  • Parcel: MONT M:109 B:034 L:000
  • Block: 34
  • Municipality: MONTVILLE
  • Latitude: 41.4914
  • Longitude: -72.1037

    Address

  • Full Address: 3 Libby Dr
  • Address - House Number: 3
  • Address - Street Name: Libby
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Uncasville
  • Carrier Code: R003
  • 4-Digit Zip Code: 1107
  • Zip Code: 06382

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $368,000

    Appraisal Valuation

  • Standard Deviation: 0.1119
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 88
  • Final Value: 294,436
  • High Value: 327,389
  • Low Value: 261,483

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,510
  • Assessed Land Value: $30,870
  • Assessed Improvements Value: $101,640

    Sales

  • Current Sale Recording Date: Feb 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2618370002
  • Previous Sale Recording Date: Oct 01, 1968
  • Previous Sale Amount: $23,000
  • Previous Sale Document Type: 27
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 London

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1848 ft²

Average Home Age

69.7 years

Currently For Sale

591 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: Joan Casey
RE/MAX Legends
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170567305
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 3 Libby Drive built and last sold?
The property at 3 Libby Drive was built in 1965 and last sold on Jan 1, 1970 for $198,500.
How much is this home worth?
The estimated value of the home located at 3 Libby Drive is $0.
What are some comparable homes to 3 Libby Drive?
There are currently no comparable homes to 3 Libby Drive.
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