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Willimantic 06226
34 Cherry Lane
Photo of 34 Cherry Lane
Sold on Jul 17, 2024

1

Map

Listing Courtesy of: Ashley Walker, Brunet and Company Real Estate
$270,000
↑ $10K (3.7%)
● House - Off Market

34 Cherry Lane

Windham, CT 06226
bedrooms
2 Beds
bathrooms
1 Bath
$1,785
Est. Monthly
6.18%
Cap Rate

About This Property

Welcome to your dream home! The beautifully remodeled property features two bedrooms and one bathroom. With an additional bonus: a fully finished basement boasting two more bedrooms, offering ample space for guests, a home office or play room!
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1977

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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 #24009627)

Price History

Date / Event Date Event Price
Jun 12, 2026 Price Increased $279,999
↑ $10K (3.7%)
Price Increased
Jul 17, 2024 Sold
Premium
Sold
Apr 14, 2024 In contract -
In contract
Apr 10, 2024 Listed by Brunet and Company Real Estate $279,999
Listed by Brunet and Company Real Estate
Sep 4, 2019 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 816
  • Gross Building Area: 1,708
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 816
  • Heating Fuel Type: 8

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Windham School District
  • School Tax School District: WINDHAM SD
  • Census Tract: 800400

Zoning

  • Zoning: R4

Geography

  • Account Number: 11700
  • Parcel: WNDH M:04-08 B:170 L:33
  • Block: 170
  • Lot: 33
  • Municipality: WINDHAM
  • Latitude: 41.6995
  • Longitude: -72.2083

    Address

  • Full Address: 34 Cherry Ln
  • Address - House Number: 34
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: Willimantic
  • Carrier Code: R001
  • 4-Digit Zip Code: 3628
  • Zip Code: 06226

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $373,400

    Appraisal Valuation

  • Standard Deviation: 0.2544
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 211,806
  • High Value: 265,710
  • Low Value: 157,902

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,770
  • Assessed Land Value: $23,450
  • Assessed Improvements Value: $55,320

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Sep 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019-01471
  • Previous Sale Recording Date: Dec 26, 2002
  • Previous Sale Amount: $105,000
  • 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 Willimantic

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1611 ft²

Average Home Age

116.5 years

Currently For Sale

14 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 736 Main Street, Windham, CT, 06226

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 5,750 ft²
736 Main Street #2, Windham, CT, 06226 Listing by Heather Meehan
Unit for rent at 804 Main Street, Windham, CT, 06226

$1,995 /mo

  • 2 Beds
  • 1 Bath
  • 700 ft²
804 Main Street #1071082064074084094, Windham, CT, 06226 Listing by Stephen Daly

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Ashley Walker
Brunet and Company Real Estate
Last Updated: 5 months ago
Data Source: Smart MLS, MLS# 24009627
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 34 Cherry Lane built and last sold?
The property at 34 Cherry Lane was built in 1977 and last sold on Aug 30, 2019 for $127,500.
How much is this home worth?
The estimated value of the home located at 34 Cherry Lane is $0.
What are some comparable homes to 34 Cherry Lane?
There are currently no comparable homes to 34 Cherry Lane.
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