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New Haven
59 Spruce Street
Listing Courtesy of: Margaret C. Bennett, Margaret Bennett Realty
$510,000
● House - Off Market

59 Spruce Street

North Branford, Connecticut 06472
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,872 Ft²
$507,143
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Country living yet close to civilization! 2872 square foot cape will not disappoint; the room sizes are incredible! Main level boasts a large eat-in kitchen with cherry cabinets and gorgeous quartz countertops, Front to back sunken family room with cathedral ceiling and fireplace, Huge formal dining room that can comfortably seat the extended family and friends, and Formal living room plus an office and full bathroom! Second floor features 3 generous sized bedrooms, 2 full baths and plenty of closet space! Main level laundry! Wallingford electric! Located on non thru street, steps from Northford Center. Don't miss out on this one!
Unit Size
2,872 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$178
Property Type
House
Property Taxes
$736
HOA Dues
-
Year Built
1986

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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 #170583933)

Price History

Date / Event Date Event Price
Aug 29, 2023 Sold
Premium
Sold
Jul 19, 2023 Listed by Margaret Bennett Realty $510,000
Listed by Margaret Bennett Realty
Apr 1, 2021 Sold
Premium
Sold
May 2, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,818
  • Total Building Area: 2,872
  • Gross Building Area: 6,000
  • Building Area: 2,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,872
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000960
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: North Branford School District
  • School Tax School District: NORTH BRANFORD
  • Census Tract: 186200

Geography

  • Account Number: 11
  • Parcel: NBRA M:62-D B:7A
  • Block: 7A
  • Municipality: NORTH BRANFORD
  • Latitude: 41.3868
  • Longitude: -72.7945

    Address

  • Full Address: 59 Spruce St
  • Address - House Number: 59
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: CT
  • City Name: Northford
  • Carrier Code: R003
  • 4-Digit Zip Code: 1437
  • Zip Code: 06472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $883,000

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 511,570
  • High Value: 603,054
  • Low Value: 420,086

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,800
  • Assessed Land Value: $91,500
  • Assessed Improvements Value: $164,300

    Sales

  • Current Sale Contract Date: Aug 25, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Apr 01, 2021
  • Previous Sale Contract Date: Apr 01, 2021
  • Previous Sale Amount: $425,000
  • 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 New Haven

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1962 ft²

Average Home Age

69.9 years

Currently For Sale

1722 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

Currently no nearby rentals
SMART

Listed by: Margaret C. Bennett
Margaret Bennett Realty
Last Updated: 4 years ago
Data Source: Smart MLS, MLS# 170583933
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 59 Spruce Street built and last sold?
The property at 59 Spruce Street was built in 1986 and last sold on Aug 25, 2023 for $510,000.
How much is this home worth?
The estimated value of the home located at 59 Spruce Street is $526,235.
What are some comparable homes to 59 Spruce Street?
There are currently no comparable homes to 59 Spruce Street.
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