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New Haven 06443
34 Toffee Lane
$418,000
● House - Off Market

34 Toffee Lane

Other, CT 06443
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,850 Ft²
$1,359,885
RealtyHop Estimate
196.27%
Since Jun 1, 2000
National-US
Primary Model

About This Property

UNIQUE THREE-SEASON BEACH HOUSE ON MADISON,CT SHORE LINE. FIREPLACE, ORIGINAL WAINSCOTING ON 2ND FLOOR. DIRECT OCEAN- FRONT PROPERTY. SPECTACULAR VIEWS. PRIVATE BEACH. PART OF LEE MANOR ASSOC./FEE $150.00/YEAR.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$248
Property Type
House
Property Taxes
$500
HOA Dues
$150
Year Built
1928

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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: 4 years ago (MLSPIN #30388665)

Price History

Date / Event Date Event Price
Apr 5, 2016 Sold
Premium
Sold
May 12, 2000 Sold
Premium
Sold
Feb 28, 2000 Listed $459,000
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,848
  • Gross Building Area: 3,841
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Madison School District
  • School Tax School District: MADISON SD
  • Census Tract: 194102

Zoning

  • Zoning: R-5

Geography

  • Account Number: 34000
  • Parcel: MADI M:13 B:117
  • Block: 117
  • Municipality: MADISON
  • Latitude: 41.2715
  • Longitude: -72.6257

    Address

  • Full Address: 34 Toffee Ln
  • Address - House Number: 34
  • Address - Street Name: Toffee
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: Madison
  • Carrier Code: R030
  • 4-Digit Zip Code: 2804
  • Zip Code: 06443

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,689,100

    Appraisal Valuation

  • Standard Deviation: 0.1796
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 76
  • Final Value: 997,981
  • High Value: 1,177,255
  • Low Value: 818,707

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $563,600
  • Assessed Land Value: $466,800
  • Assessed Improvements Value: $96,800

    Sales

  • Current Sale Recording Date: Apr 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 12, 2000
  • Previous Sale Amount: $418,000
  • 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 New Haven

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$245

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1003 ft²

Average Home Age

71.6 years

Currently For Sale

2385 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 43 Soundview Avenue, Madison, CT, 06443

$7,500 /mo

  • 4 Beds
  • 3 Baths
43 Soundview Avenue, Madison, CT, 06443 Listing by Sue Knapp
Unit for rent at 156 Kelsey Place, Madison, CT, 06443

$6,000 /mo

  • 5 Beds
  • 3 Baths
156 Kelsey Place, Madison, CT, 06443 Listing by Todd Gould
Unit for rent at 37 Beach Avenue, Madison, CT, 06443

$3,000 /mo

  • 2 Beds
  • 1 Bath
37 Beach Avenue, Madison, CT, 06443 Listing by Mel Abbott

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30388665

Frequently Asked Questions

When was property at 34 Toffee Lane built and last sold?
The property at 34 Toffee Lane was built in 1928 and last sold on Jan 1, 1970 for $778,000.
How much is this home worth?
The estimated value of the home located at 34 Toffee Lane is $460,001.
What are some comparable homes to 34 Toffee Lane?
There are currently no comparable homes to 34 Toffee Lane.
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