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Litchfield 06786
62 Lakeview Road
Listing Courtesy of: Meagan Albert, Tier 1 Real Estate
$245,000
● House - Off Market

62 Lakeview Road

Plymouth, Connecticut 06786
bedrooms
3 Beds
bathrooms
2 Baths
square feet
985 Ft²
$1,555
Est. Monthly
8.07%
Cap Rate

About This Property

Escape to your own slice of paradise with this charming lake house on Fall Mountain Lake! This amazing location, along with the major items already complete, allows the perfect opportunity to give the finishing touches it needs to be pretty again!  Step inside to discover brand new appliances that have never been used, new front door (2023) and new windows that just need to be installed. Furnace and oil tank (2018) have been recently replaced and roof is in great shape (2012). In addition to the heated, detached 2 car garage, there is a shed (2022) in the back for additional storage.  Enjoy tranquil lake views and a peaceful neighborhood-ideal for year-round living or a weekend retreat.
Unit Size
985 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$249
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1949

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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 #24056777)

Price History

Date / Event Date Event Price
Mar 5, 2025 Sold
Premium
Sold
Feb 4, 2025 In contract -
In contract
Jan 16, 2025 Relisted $279,900
Relisted
Dec 11, 2024 In contract -
In contract
Nov 12, 2024 Price Decreased $279,900
↓ $20K (6.7%)
Price Decreased
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 11
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 985
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 985
  • Building Area: 985
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 985
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Plymouth School District
  • School Tax School District: PLYMOUTH SD
  • Census Tract: 425400

Zoning

  • Zoning: RA-2L

Geography

  • Account Number: 462600
  • Parcel: PLYM M:081 B:133 L:015
  • Block: 133
  • Lot: 15
  • Municipality: PLYMOUTH
  • Latitude: 41.649
  • Longitude: -72.9915

    Address

  • Full Address: 62 Lakeview Rd
  • Address - House Number: 62
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Terryville
  • Carrier Code: R002
  • 4-Digit Zip Code: 7218
  • Zip Code: 06786

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $411,900

    Appraisal Valuation

  • Standard Deviation: 0.2501
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 234,561
  • High Value: 293,242
  • Low Value: 175,879

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,270
  • Assessed Land Value: $39,340
  • Assessed Improvements Value: $69,930

    Sales

  • Current Sale Recording Date: Apr 29, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
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 Litchfield

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$242

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2037 ft²

Average Home Age

74 years

Currently For Sale

627 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 1500 Wolcott Road, Wolcott, CT, 06716

$2,100 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
1500 Wolcott Road #5, Wolcott, CT, 06716 Listing by Bill Jacquemin
Unit for rent at 171 S Riverside Avenue, Plymouth, CT, 06786

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 884 ft²
171 S Riverside Avenue #2NDFLOOR, Plymouth, CT, 06786 Listing by Debbie Benjamin

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Meagan Albert
Tier 1 Real Estate
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24056777
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 62 Lakeview Road built and last sold?
The property at 62 Lakeview Road was built in 1949 and last sold on Jan 1, 1970 for $149,900.
How much is this home worth?
The estimated value of the home located at 62 Lakeview Road is $0.
What are some comparable homes to 62 Lakeview Road?
There are currently no comparable homes to 62 Lakeview Road.
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