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Fairfield 06877
43 Chestnut Hill Road
Listing Courtesy of: Nino Petruccelli, Howard Hanna Rand Realty
$1,650,000
● House - Off Market

43 Chestnut Hill Road

Ridgefield, Connecticut 06877
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,527 Ft²
$10,637
Est. Monthly
2.70%
Cap Rate

About This Property

Custom Colonial on 3 acres of open space. Traditional layout with 9 foot ceilings , custom trim and hardwood floors throughout. Great space for entertaining with large kitchen and eating area that flows to a family room with fireplace and french doors out to a large covered patio. A newly finished great room with full bath over the 3 car garage and tall ceilings is great space for home office, artist studio, Yoga / Fitness room or whatever else suits your needs. A lovingly cared for home being offered by the original owners.
Unit Size
4,527 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$364
Property Type
House
Property Taxes
$2,535
HOA Dues
-
Year Built
1999

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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: 3 years ago (Smart MLS #24044635)

Price History

Date / Event Date Event Price
Oct 29, 2024 Sold
Premium
Sold
Sep 7, 2024 In contract -
In contract
Sep 5, 2024 Listed by Howard Hanna Rand Realty $1,650,000
Listed by Howard Hanna Rand Realty
Jul 14, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,358
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 4,527
  • Building Area: 4,527
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,527
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ridgefield School District
  • School Tax School District: RIDGEFIELD SD
  • Census Tract: 245600

Zoning

  • Zoning: RAAA

Geography

  • Account Number: C050009
  • Parcel: RIDG M:C05 B:0009
  • Block: 9
  • Municipality: RIDGEFIELD
  • Latitude: 41.35
  • Longitude: -73.531

    Address

  • Full Address: 43 Chestnut Hill Rd
  • Address - House Number: 43
  • Address - Street Name: Chestnut Hill
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Ridgefield
  • Carrier Code: R022
  • 4-Digit Zip Code: 1201
  • Zip Code: 06877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,674,600

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 75
  • Final Value: 1,661,207
  • High Value: 1,973,637
  • Low Value: 1,348,778

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,036,280
  • Assessed Land Value: $350,000
  • Assessed Improvements Value: $686,280

    Sales

  • Current Sale Recording Date: Jul 14, 1995
  • Current Sale Price:
    Premium
  • Current 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 Fairfield

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$336

Above Asking

0.09%

Average Days on Market

64

Average Home Size

2576 ft²

Average Home Age

62.3 years

Currently For Sale

1828 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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SMART

Listed by: Nino Petruccelli
Howard Hanna Rand Realty
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 24044635
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 43 Chestnut Hill Road built and last sold?
The property at 43 Chestnut Hill Road was built in 1999 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 43 Chestnut Hill Road is $0.
What are some comparable homes to 43 Chestnut Hill Road?
There are currently no comparable homes to 43 Chestnut Hill Road.
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