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Litchfield 06776
5 Monroe Drive
Listing Courtesy of: Joe Chemero, Coldwell Banker Realty, (203) 770-1720
$480,000
● House - Off Market

5 Monroe Drive

New Milford, CT 06776
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$2,801
Est. Monthly

About This Property

Nicely appointed 3 bedroom 2.5 bath rasised ranch in desirable neighborhood. Kitchen with grey cabinets and stainless appliances. 2 fireplaces one with pellet stove. Nice newer laminate woodlike flooring. Primary bedroom with walk in closet and half bath. Large finished walkout lower lever with second fireplace and access to full bath. 2 car garage. Beautiful curb appeal and lot with privacy and firepit. Lots of great landscaping. Community water system.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$518
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 10 months ago (Smart MLS #24136776)

Price History

Date / Event Date Event Price
Jan 16, 2026 Sold
Premium
Sold
Nov 10, 2025 In contract -
In contract
Oct 29, 2025 Listed by Coldwell Banker Realty $465,000
Listed by Coldwell Banker Realty
Aug 24, 2020 Sold
Premium
Sold
Aug 22, 2011 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 0
  • Building Style: 19
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,152
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 1,242
  • Gross Building Area: 2,734
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000930
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Milford School District
  • School Tax School District: NEW MILFORD SD
  • Census Tract: 253200

Zoning

  • Zoning: R40

Geography

  • Account Number: 5288
  • Parcel: NMIL M:24 L:67
  • Lot: 67
  • Municipality: NEW MILFORD
  • Latitude: 41.5668
  • Longitude: -73.3701

    Address

  • Full Address: 5 Monroe Dr
  • Address - House Number: 5
  • Address - Street Name: Monroe
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: New Milford
  • Carrier Code: R004
  • 4-Digit Zip Code: 3929
  • Zip Code: 06776

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $581,300

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 448,518
  • High Value: 544,047
  • Low Value: 352,988

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,580
  • Assessed Land Value: $57,080
  • Assessed Improvements Value: $143,500

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4907270003
  • Previous Sale Recording Date: Aug 22, 2011
  • Previous Sale Amount: $279,000
  • 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 Litchfield

Stats & Trends

Median Asking:

$398,000

Sale Price/ft²

$242

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2222 ft²

Average Home Age

74 years

Currently For Sale

638 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 114 Old Farms Lane, New Milford, CT, 06776

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,058 ft²
114 Old Farms Lane #114, New Milford, CT, 06776 Listing by Luciana Oliveira

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Joe Chemero
Coldwell Banker Realty
Last Updated: 10 months ago
Data Source: Smart MLS, MLS# 24136776
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 5 Monroe Drive built and last sold?
The property at 5 Monroe Drive was built in 1970 and last sold on Jul 31, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 5 Monroe Drive is $0.
What are some comparable homes to 5 Monroe Drive?
There are currently no comparable homes to 5 Monroe Drive.
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