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Middlesex 06475
54 Maple Avenue
Listing Courtesy of: Craig Milton, REMAX Valley Shore
$500,500
● House - Off Market

54 Maple Avenue

Old Saybrook, Connecticut 06475
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$497,378
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

One floor living with easy access to town, beaches and Saybrook Point. Open level yard. 2 car garage. Wood floors. Updated Eat-In Kitchen with Island. Finished lower level with 2 large rooms and a full bath. Newer roof and septic system. 12x20 shed with elec. Walk to town and Saybrook Point. Access to South Cove at the end of the street.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$447
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1963

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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: 4 years ago (Smart MLS #170581244)

Price History

Date / Event Date Event Price
Sep 1, 2023 Sold
Premium
Sold
Aug 16, 2023 In contract -
In contract
Jul 31, 2023 Listed by REMAX Valley Shore $549,900
Listed by REMAX Valley Shore

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 960
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,120
  • Gross Building Area: 2,580
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Old Saybrook School District
  • School Tax School District: OLD SAYBROOK SD
  • Census Tract: 670200

Zoning

  • Zoning: A

Geography

  • Account Number: 204200
  • Parcel: OSAY M:016 B:061 L:
  • Block: 61
  • Municipality: OLD SAYBROOK
  • Latitude: 41.2797
  • Longitude: -72.3737

    Address

  • Full Address: 54 Maple Ave
  • Address - House Number: 54
  • Address - Street Name: Maple
  • Address - Suffix Type: Ave
  • State: CT
  • City Name: Old Saybrook
  • Carrier Code: C008
  • 4-Digit Zip Code: 2408
  • Zip Code: 06475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $375,700

    Appraisal Valuation

  • Standard Deviation: 0.0979
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 90
  • Final Value: 501,213
  • High Value: 550,299
  • Low Value: 452,128

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,700
  • Assessed Land Value: $76,500
  • Assessed Improvements Value: $107,200

    Sales

  • Current Sale Contract Date: Aug 30, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • 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 Middlesex

Stats & Trends

Median Asking:

$449,000

Sale Price/ft²

$259

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2068 ft²

Average Home Age

73 years

Currently For Sale

375 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 2 Buckingham Avenue, Old Saybrook, CT, 06475

$3,250 /mo

  • 4 Beds
  • 3 Baths
  • 2,400 ft²
2 Buckingham Avenue, Old Saybrook, CT, 06475 Listing by Steve Waters

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Craig Milton
REMAX Valley Shore
Last Updated: 4 years ago
Data Source: Smart MLS, MLS# 170581244
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 54 Maple Avenue built and last sold?
The property at 54 Maple Avenue was built in 1963 and last sold on Aug 30, 2023 for $500,500.
How much is this home worth?
The estimated value of the home located at 54 Maple Avenue is $0.
What are some comparable homes to 54 Maple Avenue?
There are currently no comparable homes to 54 Maple Avenue.
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