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Tolland 06071
389 Hall Hill Road
$200,000
● House - Off Market

389 Hall Hill Road

Somers, CT 06071
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,874 Ft²
$358,045
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Spacious custom built Ranch on corner of Hall Hill Road and Loubier Drive, fireplace in "L" shaped Family room, "L" could be dining room or office, sliders to enclosed 3 season porch, 1st floor laundry, hardwood floors, covered front porch, great closet space, central vac, formal LR, excellent closet space, great value, lots of potential. Sold in "As-Is" condition.
Unit Size
1,874 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$107
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1969

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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: 6 months ago (MLSPIN #71809894)

Price History

Date / Event Date Event Price
Sep 2, 2021 Sold
Premium
Sold
Jun 29, 2021 Listed by Century 21 AllPoints Realty $375,000
Listed by Century 21 AllPoints Realty
May 19, 2015 Sold
Premium
Sold
Apr 1, 2015 Listed by Century 21 AllPoints Realty $199,900
Listed by Century 21 AllPoints Realty

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 7
  • Basement Area: 1,874
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 1,874
  • Gross Building Area: 4,018
  • Building Area: 1,874
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,874
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000950
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Somers School District
  • School Tax School District: SOMERS SD
  • Census Tract: 538201

Zoning

  • Zoning: A

Geography

  • Account Number: 112400
  • Parcel: SOME M:37 B:15 L:01
  • Block: 15
  • Lot: 1
  • Municipality: SOMERS
  • Latitude: 42.0107
  • Longitude: -72.4837

    Address

  • Full Address: 389 Hall Hill Rd
  • Address - House Number: 389
  • Address - Street Name: Hall Hill
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Somers
  • Carrier Code: R003
  • 4-Digit Zip Code: 1139
  • Zip Code: 06071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,300

    Appraisal Valuation

  • Standard Deviation: 0.2012
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 72
  • Final Value: 370,669
  • High Value: 445,263
  • Low Value: 296,075

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,300
  • Assessed Land Value: $58,300
  • Assessed Improvements Value: $111,000

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1108390002
  • Previous Sale Recording Date: May 19, 2015
  • Previous Sale Amount: $200,000
  • 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 Tolland

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1921 ft²

Average Home Age

56.6 years

Currently For Sale

231 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 146 Main Street, Somers, CT, 06071

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 984 ft²
146 Main Street, Somers, CT, 06071 Listing by Sulman Quraishi

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71809894

Frequently Asked Questions

When was property at 389 Hall Hill Road built and last sold?
The property at 389 Hall Hill Road was built in 1969 and last sold on Aug 27, 2021 for $372,500.
How much is this home worth?
The estimated value of the home located at 389 Hall Hill Road is $374,538.
What are some comparable homes to 389 Hall Hill Road?
There are currently no comparable homes to 389 Hall Hill Road.
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