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Windham
40 Main Street
Listing Courtesy of: Christine Johnson, RE/MAX One
$360,000
● House - Off Market

40 Main Street

Sterling, CT 06377
bedrooms
4 Beds
bathrooms
2 Baths
$2,098
Est. Monthly
12.48%
Cap Rate

About This Property

Enjoy your FALL evenings on the HUGE 10 x 47 covered porch. City sewer, water and 8 year old roof on this BEAUTIFUL remodeled home. 1 st floor spacious bedroom, LARGE living room, FORMAL dining room open to APPLIANCE kitchen w/ HUGE island w/ GRANITE top. TILED shower and new vanity in first floor bathroom. HARDWOOD floors throughout and HARDWOOD stairs lead to big open family room, 3 spacious bedrooms and remodeled bathroom w/ double vanity and laundry area too! Garage/storage and paved driveway. Right on the RI line and close to Rte 6 and 395. Playground and walking track across the street and new walking trail behind the home.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1927

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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: 12 months ago (Smart MLS #24121145)

Price History

Date / Event Date Event Price
Oct 15, 2025 Sold
Premium
Sold
Sep 1, 2025 In contract -
In contract
Aug 24, 2025 Listed by RE/MAX One $349,900
Listed by RE/MAX One
Dec 18, 2019 Sold
Premium
Sold
Dec 4, 2019 No longer available -
No longer available
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,256
  • Gross Building Area: 4,820
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sterling School District
  • School Tax School District: STERLING SD
  • Census Tract: 908100

Zoning

  • Zoning: R-80

Geography

  • Account Number: 52300
  • Parcel: STER M:001SC B:017 L:0183
  • Block: 17
  • Lot: 183
  • Municipality: STERLING
  • Latitude: 41.7088
  • Longitude: -71.83

    Address

  • Full Address: 40 Main St
  • Address - House Number: 40
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: CT
  • City Name: Sterling
  • Carrier Code: R777
  • 4-Digit Zip Code: 7703
  • Zip Code: 06377

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $460,200

    Appraisal Valuation

  • Standard Deviation: 0.1945
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 372,818
  • High Value: 445,352
  • Low Value: 300,283

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,100
  • Assessed Land Value: $32,100
  • Assessed Improvements Value: $175,000

    Sales

  • Current Sale Contract Date: Dec 18, 2019
  • Current Sale Recording Date: Dec 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019001006
  • Previous Sale Recording Date: Aug 09, 2018
  • Previous Sale Amount: $121,000
  • 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 Windham

Stats & Trends

Median Asking:

$374,500

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1295 ft²

Average Home Age

77.6 years

Currently For Sale

316 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

Rentals Near You

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SMART

Listed by: Christine Johnson
RE/MAX One
Last Updated: 12 months ago
Data Source: Smart MLS, MLS# 24121145
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 40 Main Street built and last sold?
The property at 40 Main Street was built in 1927 and last sold on Dec 18, 2019 for $250,000.
How much is this home worth?
The estimated value of the home located at 40 Main Street is $353,399.
What are some comparable homes to 40 Main Street?
There are currently no comparable homes to 40 Main Street.
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