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New London
6 Forsyth Road
Listing Courtesy of: Leah Georgens, eXp Realty
$401,000
● House - Off Market

6 Forsyth Road

Salem, Connecticut 06420
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,778 Ft²
$398,754
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome to 6 Forsyth Rd, one level living at its finest, a picturesque countryside ranch in Salem, CT. This enchanting property offers a tranquil retreat with a charming New England aesthetic. The inviting interior features a spacious family room with a cozy fireplace. The well-appointed kitchen boasts modern appliances and a open concept dining area. With three generous bedrooms, including a primary suite with an ensuite bathroom. The outdoor space includes a spacious patio for al fresco dining and a sprawling backyard perfect for gardening and relaxation. Located in Salem, you'll enjoy nearby amenities, parks, and hiking trails, with easy access to major highways. Don't miss this chance to own a charming country retreat.
Unit Size
1,778 Ft²
Days on Market
-
Land Size
1.75 acres
Price per sqft
$226
Property Type
House
Property Taxes
$568
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: 4 years ago (Smart MLS #170575404)

Price History

Date / Event Date Event Price
Aug 21, 2023 Sold
Premium
Sold
Jun 7, 2023 Listed by eXp Realty $395,000
Listed by eXp Realty
Aug 10, 2020 Sold
Premium
Sold
Jul 8, 2020 No longer available -
No longer available
Jun 25, 2020 Listed by eXp Realty $325,000
Listed by eXp Realty
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 2
  • Basement Area: 1,778
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 76,230
  • Total Building Area: 1,778
  • Gross Building Area: 3,741
  • Building Area: 1,778
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,778
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001750
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 715100

Zoning

  • Zoning: RU-A

Geography

  • Account Number: 825
  • Parcel: SALE M:18 B:034 L:000
  • Block: 34
  • Municipality: SALEM
  • Latitude: 41.4719
  • Longitude: -72.2585

    Address

  • Full Address: 6 Forsyth Rd
  • Address - House Number: 6
  • Address - Street Name: Forsyth
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Salem
  • Carrier Code: R003
  • 4-Digit Zip Code: 4045
  • Zip Code: 06420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $681,700

    Appraisal Valuation

  • Standard Deviation: 0.112
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 88
  • Final Value: 391,657
  • High Value: 435,525
  • Low Value: 347,789

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,700
  • Assessed Land Value: $41,500
  • Assessed Improvements Value: $195,200

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023000389
  • Previous Sale Recording Date: Aug 10, 2020
  • Previous Sale Contract Date: Aug 07, 2020
  • Previous Sale Amount: $330,000
  • 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 London

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1110 ft²

Average Home Age

73.2 years

Currently For Sale

828 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 15 Centre Street, Salem, CT, 06420

$1,800 /mo

  • 1 Bed
  • 1 Bath
  • 860 ft²
15 Centre Street, Salem, CT, 06420 Listing by Richard Greene

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Leah Georgens
eXp Realty
Last Updated: 4 years ago
Data Source: Smart MLS, MLS# 170575404
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 6 Forsyth Road built and last sold?
The property at 6 Forsyth Road was built in 1965 and last sold on Aug 18, 2023 for $401,000.
How much is this home worth?
The estimated value of the home located at 6 Forsyth Road is $0.
What are some comparable homes to 6 Forsyth Road?
There are currently no comparable homes to 6 Forsyth Road.
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