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Tolland 06071
417 Billings Road
Listing Courtesy of: Lauren Mazzoli, Chestnut Oak Associates
$375,000
● House - Off Market

417 Billings Road

Somers, CT 06071
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$2,221
Est. Monthly
6.85%
Cap Rate

About This Property

Welcome home to this charming oversized cape with 3 beds and 1.5 baths. The first floor offers plenty of space with a family room, eat in kitchen, formal dinning room and living room. Upstairs there are 3 good sized bedrooms and downstairs has a partially finished basement. This home is ready for you to come put your personal touch on it.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1965

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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: 2 years ago (Smart MLS #24105721)

Price History

Date / Event Date Event Price
Aug 4, 2025 Sold
Premium
Sold
Jul 7, 2025 In contract -
In contract
Jun 23, 2025 Listed by Chestnut Oak Associates $364,999
Listed by Chestnut Oak Associates
Jul 16, 2020 Sold
Premium
Sold
Jun 28, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,598
  • Gross Building Area: 3,420
  • Building Area: 1,598
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,598
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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-1

Geography

  • Account Number: 14300
  • Parcel: SOME M:02 B:65 L:02
  • Block: 65
  • Lot: 2
  • Municipality: SOMERS
  • Latitude: 41.9639
  • Longitude: -72.4539

    Address

  • Full Address: 417 Billings Rd
  • Address - House Number: 417
  • Address - Street Name: Billings
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Somers
  • Carrier Code: R002
  • 4-Digit Zip Code: 2021
  • Zip Code: 06071

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $481,800

    Appraisal Valuation

  • Standard Deviation: 0.2157
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 70
  • Final Value: 318,044
  • High Value: 386,663
  • Low Value: 249,426

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,200
  • Assessed Land Value: $69,100
  • Assessed Improvements Value: $101,100

    Sales

  • Current Sale Contract Date: Jul 08, 2020
  • Current Sale Recording Date: Jul 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1047310002
  • Previous Sale Recording Date: Jun 28, 2007
  • Previous Sale Amount: $272,500
  • Previous Sale Document Type: 27
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

1910 ft²

Average Home Age

58.2 years

Currently For Sale

233 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 846 Main Street, Somers, CT, 06071

$2,600 /mo

  • 4 Beds
  • 1 Bath
  • 1,395 ft²
846 Main Street, Somers, CT, 06071 Listing by Jeff Thornton

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Lauren Mazzoli
Chestnut Oak Associates
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24105721
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 417 Billings Road built and last sold?
The property at 417 Billings Road was built in 1965 and last sold on Jul 8, 2020 for $205,500.
How much is this home worth?
The estimated value of the home located at 417 Billings Road is $0.
What are some comparable homes to 417 Billings Road?
There are currently no comparable homes to 417 Billings Road.
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