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Old Mystic 06355
38 Deerfield Ridge Drive
Listing Courtesy of: Jennifer Coles, Coldwell Banker Realty
$329,000
● House - Off Market

38 Deerfield Ridge Drive

Groton, Connecticut 06355
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,150 Ft²
$327,157
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

NEW PRICE!!! One level living in this Ranch style home with fenced back yard in Mystic neighborhood. Three bedrooms, two and a half baths, finished space in basement (not included in sq ft), attached two-car garage and large covered deck. Three miles to Downtown Mystic, close to I95, Sub Base, Electric Boat and casinos.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$286
Property Type
House
Property Taxes
$497
HOA Dues
-
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #170570505)

Price History

Date / Event Date Event Price
Aug 2, 2023 Sold
Premium
Sold
May 16, 2023 Listed by Coldwell Banker Realty $329,000
Listed by Coldwell Banker Realty
May 2, 2016 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 1,150
  • Gross Building Area: 1,150
  • Building Area: 1,150
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,150
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Groton School District
  • School Tax School District: GROTON SD
  • Census Tract: 702100

Zoning

  • Zoning: RU-40

Geography

  • Account Number: 271013047620
  • Parcel: GROT M:271013047620
  • Municipality: GROTON
  • Latitude: 41.3922
  • Longitude: -71.9822

    Address

  • Full Address: 38 Deerfield Ridge Dr
  • Address - House Number: 38
  • Address - Street Name: Deerfield Ridge
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Mystic
  • Carrier Code: R001
  • 4-Digit Zip Code: 1148
  • Zip Code: 06355

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $600,600

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 381,057
  • High Value: 471,399
  • Low Value: 290,715

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,860
  • Assessed Land Value: $68,110
  • Assessed Improvements Value: $176,750

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: May 02, 2016
  • Previous Sale Amount: $184,900
  • 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 Old Mystic

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1969 ft²

Average Home Age

55.6 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

Currently no nearby rentals
SMART

Listed by: Jennifer Coles
Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170570505
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 38 Deerfield Ridge Drive built and last sold?
The property at 38 Deerfield Ridge Drive was built in 1997 and last sold on Aug 1, 2023 for $329,000.
How much is this home worth?
The estimated value of the home located at 38 Deerfield Ridge Drive is $340,428.
What are some comparable homes to 38 Deerfield Ridge Drive?
There are currently no comparable homes to 38 Deerfield Ridge Drive.
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