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Bethlehem Village 06751
38 Lakeview Drive
$220,000
● House - Off Market

38 Lakeview Drive

Bethlehem, CT 06751
bedrooms
3 Beds
bathrooms
1 Bath
square feet
979 Ft²
$231,697
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Three-bedroom year-round home in a desirable lake community. This home has all the charm you would imagine in your lakeside dream home. Cozy for winters indoors and you have the breeze off the water in summer. Enjoy the large deck and spacious custom patio and fireplace in the secluded yard to have friends, family and neighbors over for entertaining. Long Meadow Lake and the lake community provides many activities. This is flexible property with the potential for full time living, seasonal guests or can be a rental opportunity. The association provides lake rights and maintenance.
Unit Size
979 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$230
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1943

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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 (OneKey MLS #KEYH6147423)

Price History

Date / Event Date Event Price
Feb 2, 2022 Sold
Premium
Sold
Oct 6, 2021 Listed by Keller Williams Realty $225,000
Listed by Keller Williams Realty
Mar 18, 2016 Sold
Premium
Sold
Aug 5, 2005 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • 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: 14,810
  • Total Building Area: 979
  • Gross Building Area: 1,246
  • Building Area: 979
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 979
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Regional School District 14
  • School Tax School District: REGIONAL SD 14
  • Census Tract: 342100

Zoning

  • Zoning: R-1

Geography

  • Account Number: 101020
  • Parcel: BETH M:11-7 B:217 218
  • Block: 217 218
  • Municipality: BETHLEHEM
  • Latitude: 41.6521
  • Longitude: -73.2052

    Address

  • Full Address: 38 Lakeview Dr
  • Address - House Number: 38
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Bethlehem
  • Carrier Code: R003
  • 4-Digit Zip Code: 1311
  • Zip Code: 06751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $297,700

    Appraisal Valuation

  • Standard Deviation: 0.1131
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 88
  • Final Value: 221,751
  • High Value: 246,846
  • Low Value: 196,656

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,300
  • Assessed Land Value: $51,400
  • Assessed Improvements Value: $56,900

    Sales

  • Current Sale Contract Date: Feb 01, 2022
  • Current Sale Recording Date: Feb 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 72
  • Previous Sale Recording Date: Mar 18, 2016
  • Previous Sale Amount: $85,000
  • 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 Bethlehem Village

Stats & Trends

Median Asking:

$519,900

Sale Price/ft²

$328

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2491 ft²

Average Home Age

111.6 years

Currently For Sale

11 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 38 Lakeview Drive built and last sold?
The property at 38 Lakeview Drive was built in 1943 and last sold on Feb 1, 2022 for $220,000.
How much is this home worth?
The estimated value of the home located at 38 Lakeview Drive is $231,268.
What are some comparable homes to 38 Lakeview Drive?
There are currently no comparable homes to 38 Lakeview Drive.
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