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Durham 06422
329 Parmelee Hill Road
Photo of 329 Parmelee Hill Road
Sold on Sep 30, 2024

1

Map

Listing Courtesy of: Mikell Foggitt, Margaret Bennett Realty
$130,000
● Land - Off Market

329 Parmelee Hill Road

Durham, CT 06422
bedrooms
Studio
bathrooms
0 Bath
$640
Est. Monthly
17.65%
Cap Rate

About This Property

Discover this level lot, fully approved by the town for a spacious 3-bedroom, 2-bathroom home. Included in the sale are plans for a stunning 2,500+ square foot ranch-style house featuring a 2-car garage. You have the flexibility to work with any builder to design your dream home or use the provided plans. This is the perfect opportunity to build in a desirable location. Don't miss out on this ready-to-build property! For more information please reach out!
Unit Size
-
Days on Market
-
Land Size
0.94 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2
HOA Dues
-
Year Built
-

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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: 5 months ago (Smart MLS #24030773)

Price History

Date / Event Date Event Price
Sep 30, 2024 Sold
Premium
Sold
Sep 16, 2024 In contract -
In contract
Jul 8, 2024 Listed by Margaret Bennett Realty $130,000
Listed by Margaret Bennett Realty
Jan 26, 2024 Sold
Premium
Sold
Nov 4, 2023 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 40,946
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000940
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Regional School District 13
  • School Tax School District: REGIONAL SD 13
  • Census Tract: 585100

Zoning

  • Zoning: FR

Geography

  • Account Number: 65 03
  • Parcel: DURH H0120600
  • Municipality: DURHAM
  • Latitude: 41.4594
  • Longitude: -72.7089

    Address

  • Full Address: 329 Parmelee Hill Rd
  • Address - House Number: 329
  • Address - Street Name: Parmelee Hill
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Durham
  • Carrier Code: R005
  • 4-Digit Zip Code: 2613
  • Zip Code: 06422

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $560
  • Assessed Land Value: $560

    Sales

  • Current Sale Contract Date: Jan 25, 2024
  • Current Sale Recording Date: Jan 26, 2024
  • Current Sale Price:
    Premium
  • Current 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 Durham

Stats & Trends

Median Asking:

$437,500

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

51

Average Home Size

4539 ft²

Average Home Age

187.8 years

Currently For Sale

5 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

Unit for rent at 238 Main Street, Durham, CT, 06422

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 650 ft²
238 Main Street #A, Durham, CT, 06422 Listing by Cory Tyler

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Mikell Foggitt
Margaret Bennett Realty
Last Updated: 5 months ago
Data Source: Smart MLS, MLS# 24030773
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 329 Parmelee Hill Road built and last sold?
The property at 329 Parmelee Hill Road was built in and last sold on Jan 25, 2024 for $125,000.
How much is this home worth?
The estimated value of the home located at 329 Parmelee Hill Road is $0.
What are some comparable homes to 329 Parmelee Hill Road?
There are currently no comparable homes to 329 Parmelee Hill Road.
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