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Fairfield
335 Reef Road #7
Listing Courtesy of: Elizabeth Altobelli, William Raveis Real Estate
$1,295,000
● Condo - Off Market

335 Reef Road #7

Fairfield, Connecticut 06824
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,600 Ft²
$1,287,746
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome to 335 Reef Rd #7, Finely built with a well-accomplished layout! The Reef at Fairfield Beach, 9 Luxury townhomes with a centralized location to downtown & the beach! Light & bright with 9 FT ceilings. Upon entry take note of the heated mudroom w/a catch-all organizational space, store 3+ cars in the garage, or customize to finish your lower level w/ an accessory room. Striking kitchen with 5 series Viking grade appliances, built-in refrigerator, microwave drawer, 2-sided, double thick waterfall edge kitchen island. 42" tall cabinetry to meet the ceiling with a decorated finish. Posh, polished chrome fixtures throughout. Multiple closets are offered throughout this home. The coast meets downtown, what a pleasure to visit this newly built masterpiece. South-facing balconies for brilliant natural light. 57" height Anderson windows provide your grande-scale living. Main level floor bedroom suite, primary ensuite on the 2nd floor, study or guest quarters, and additional bedroom suite. There is still time to customize! Great News- The elevator shaft has been framed and can be finished at a later date.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$498
Property Type
Condo
Property Taxes
$83,333
HOA Dues
$350
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: 3 years ago (Smart MLS #170556203)

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold
Premium
Sold
Mar 21, 2023 Listed by William Raveis Real Estate $1,295,000
Listed by William Raveis Real Estate

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Garage Spaces: 3
Garage Features: Under House Garage, Tandem
Interior Details
Bedrooms: 3
Full Bathrooms: 3
Total Bathrooms: 3
Interior Features: Open Floor Plan
Appliances: Gas Range, Range Hood, Refrigerator, Freezer, Dishwasher, Washer, Dryer
Total Rooms: 9
Laundry Room Info: Upper Level
Laundry Room Location: Second Floor Laundry Room
Additional Rooms: Foyer, Mud Room
Level: Upper
Features: 9 ft+ Ceilings, Hardwood Floor, Walk-In Closet
Level: Main
Features: 9 ft+ Ceilings, Hardwood Floor
Level: Main
Features: 9 ft+ Ceilings, Hardwood Floor
Level: Main
Features: 9 ft+ Ceilings, Hardwood Floor
Level: Main
Features: 9 ft+ Ceilings, Hardwood Floor
Level: Main
Features: 9 ft+ Ceilings, Hardwood Floor
Has Basement
Unfinished, Garage Access, Walk-out
Exterior Details
Total Heated Above Grade Square Feet: 2600
Year Built Source: Approximate
Year Built: 2023
New Construction: Under Construction
Architectural Style: Townhouse
Exterior: Balcony, Porch, Porch-Enclosed
Financial Details
Property Tax: $999,999
Tax Year: July 2022-June 2023
Assessed Value: $999,999
Utilities Details
Cooling Type: Central Air
Heating Type: Gas on Gas
Heating Fuel: Natural Gas
Hot Water: Tankless Hotwater
Sewage System: Public Sewer Connected
Water Source: Public Water Connected
Location Details
HOA Fee: $350
HOA Fee Frequency: Monthly
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230321 Unit 7
03/21/2023
7
3 Bed
3 Bath
2600 ft²
$1,295,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2600 ft²
$1,295,000
08/28/2023
Elizabeth C. Altobelli
Weichert Realtors

Building Info

335 Reef Road 335 Reef Road, Fairfield, CT 06824
More about this Building
335 Reef Road
Want to find out who owns 335 Reef Road, Fairfield, CT 06824? Get detailed property transactions here.

About Fairfield

Stats & Trends

Median Asking:

$679,000

Sale Price/ft²

$336

Above Asking

0.09%

Average Days on Market

64

Average Home Size

2607 ft²

Average Home Age

61.8 years

Currently For Sale

1802 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 90 Belmont Street, Fairfield, CT, 06824

$3,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,195 ft²
90 Belmont Street, Fairfield, CT, 06824 Listing by Federico Martinez
Unit for rent at 108 Kenwood Avenue, Fairfield, CT, 06824

$3,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
108 Kenwood Avenue, Fairfield, CT, 06824 Listing by Hillary Waite
Unit for rent at 60 Overlook Avenue, Fairfield, CT, 06824

$2,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,008 ft²
60 Overlook Avenue #60, Fairfield, CT, 06824 Listing by Shilpa Kulkarni

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Elizabeth Altobelli
William Raveis Real Estate
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170556203
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.
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