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Fairfield 06896
58 Old Redding Road
Listing Courtesy of: Jennifer Ruspini, Ruspini Realty LLC
$265,500
● House - Off Market

58 Old Redding Road

Redding, CT 06896
bedrooms
2 Beds
bathrooms
1 Bath
$445,805
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

Nestled among trees of a quiet street is this recently renovated Cottage. Features include 2 Bedrooms, 1 Full Bath, a stone fireplace in the dining room and a large living room with a wood burning stove and a sliding door to the recently rebuilt deck. What a dream! Just minutes away from Mark Twain's getaway. This is a Fannie Mae Homepath Property.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1899

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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 #99164299)

Price History

Date / Event Date Event Price
Jan 23, 2017 Sold
Premium
Sold
Oct 21, 2016 Listed by Ruspini Realty LLC $265,500
Listed by Ruspini Realty LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 95,832
  • Total Building Area: 1,224
  • Gross Building Area: 2,472
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002200
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Redding School District
  • School Tax School District: REDDING SD
  • School Tax District Code 2: REGIONAL SD 09
  • Census Tract: 240100

Zoning

  • Zoning: R-2

Geography

  • Account Number: 352000
  • Parcel: REDD M:27 L:15
  • Lot: 15
  • Municipality: REDDING
  • Latitude: 41.2921
  • Longitude: -73.4408

    Address

  • Full Address: 58 Old Redding Rd
  • Address - House Number: 58
  • Address - Street Name: Old Redding
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Redding
  • Carrier Code: R007
  • 4-Digit Zip Code: 2203
  • Zip Code: 06896

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $692,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,100
  • Assessed Land Value: $142,100
  • Assessed Improvements Value: $108,000

    Sales

  • Current Sale Recording Date: Jan 23, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 649540003
  • Previous Sale Recording Date: May 16, 2016
  • Previous Sale Document Type: 34
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

$335

Above Asking

0.09%

Average Days on Market

64

Average Home Size

2579 ft²

Average Home Age

62.3 years

Currently For Sale

1827 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: Jennifer Ruspini
Ruspini Realty LLC
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 99164299
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 Old Redding Road built and last sold?
The property at 58 Old Redding Road was built in 1899 and last sold on Jan 1, 1970 for $265,500.
How much is this home worth?
The estimated value of the home located at 58 Old Redding Road is $0.
What are some comparable homes to 58 Old Redding Road?
There are currently no comparable homes to 58 Old Redding Road.
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