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New London 06385
58 Lamphere Road
Listing Courtesy of: Mary Poola, William Raveis Real Estate
$420,000
● House - Off Market

58 Lamphere Road

Waterford, Connecticut 06385
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$2,512
Est. Monthly
8.00%
Cap Rate

About This Property

One owner pristinely maintained home! Split level with updated boiler, oil tank, siding, and windows. Your personal decorative touch will make this house your home. Picturesque park like setting for your backyard. Deceptively private, walking distance to the Great Neck Country club, bike friendly to Harkness, Pleasure Beach and public boat launch area. Great walk score along Jordan Cove, the sea breezes are an added benefit. Sunny and versatile interior floor plan- exceptionally welcoming and solidly built.Wood floors under carpet in LR/DR and bedroom areas. Come home for the holiday.
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$311
Property Type
House
Property Taxes
$449
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 #24063372)

Price History

Date / Event Date Event Price
Jan 15, 2025 Sold
Premium
Sold
Dec 17, 2024 In contract -
In contract
Dec 12, 2024 Listed by William Raveis Real Estate $425,000
Listed by William Raveis Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 207
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,106
  • Total Building Area: 1,350
  • Gross Building Area: 2,805
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000760
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Waterford School District
  • School Tax School District: WATERFORD SD
  • Census Tract: 693500

Zoning

  • Zoning: R-40

Geography

  • Account Number: 342800
  • Parcel: WFRD M:159 L:3831
  • Lot: 3831
  • Municipality: WATERFORD
  • Latitude: 41.3236
  • Longitude: -72.1446

    Address

  • Full Address: 58 Lamphere Rd
  • Address - House Number: 58
  • Address - Street Name: Lamphere
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Waterford
  • Carrier Code: C007
  • 4-Digit Zip Code: 3441
  • Zip Code: 06385

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $512,000

    Appraisal Valuation

  • Standard Deviation: 0.2078
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 71
  • Final Value: 411,691
  • High Value: 497,248
  • Low Value: 326,135

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,490
  • Assessed Land Value: $112,920
  • Assessed Improvements Value: $128,570
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 New London

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1848 ft²

Average Home Age

69.7 years

Currently For Sale

591 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: Mary Poola
William Raveis Real Estate
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24063372
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 58 Lamphere Road built and last sold?
The property at 58 Lamphere Road was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 58 Lamphere Road is $421,689.
What are some comparable homes to 58 Lamphere Road?
There are currently no comparable homes to 58 Lamphere Road.
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