For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Middlesex 06412
62-2 Wig Hill Road
Listing Courtesy of: Craig Milton, REMAX Valley Shore
$181,000
● Land - Off Market

62-2 Wig Hill Road

Chester, Connecticut 06412
bedrooms
Studio
bathrooms
0 Bath
$1,103
Est. Monthly
10.48%
Cap Rate

About This Property

A rare find! Nearly 8 acres of open level meadow. Rear lot accessed by a shared right - of - way. Survery available. No test holes have been done yet.
Unit Size
-
Days on Market
-
Land Size
7.81 acres
Price per sqft
-
Property Type
Land
Property Taxes
$214
HOA Dues
-
Year Built
1952

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 years ago (Smart MLS #170609142)

Price History

Date / Event Date Event Price
Feb 29, 2024 Sold
Premium
Sold
Jan 11, 2024 In contract -
In contract
Nov 16, 2023 Listed by REMAX Valley Shore $179,900
Listed by REMAX Valley Shore
Dec 11, 1995 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,260
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 94,525
  • Total Building Area: 3,026
  • Gross Building Area: 4,286
  • Building Area: 3,026
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,026
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002170
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Regional High School District 04
  • School Tax School District: CHESTER SD
  • School Tax District Code 2: REGIONAL SD 04
  • Census Tract: 600100

Zoning

  • Zoning: R-2

Geography

  • Account Number: 19600
  • Parcel: CHES M:13 B:347
  • Block: 347
  • Municipality: CHESTER
  • Latitude: 41.4063
  • Longitude: -72.4782

    Address

  • Full Address: 62 Wig Hill Rd
  • Address - House Number: 62
  • Address - Street Name: Wig Hill
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Chester
  • Carrier Code: R004
  • 4-Digit Zip Code: 1124
  • Zip Code: 06412

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $736,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 564,369
  • High Value: 656,778
  • Low Value: 471,959

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,090
  • Assessed Land Value: $60,520
  • Assessed Improvements Value: $187,570

    Sales

  • Current Sale Recording Date: Dec 11, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Previous Sale Recording Date: Dec 11, 1995
  • Previous Sale Amount: $63,500
  • Previous 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 Middlesex

Stats & Trends

Median Asking:

$449,000

Sale Price/ft²

$259

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2068 ft²

Average Home Age

73 years

Currently For Sale

375 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 6 Pleasant Street, Chester, CT, 06412

$1,750 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
6 Pleasant Street #2, Chester, CT, 06412 Listing by Tom Clancy

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Craig Milton
REMAX Valley Shore
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170609142
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 Wig Hill Road built and last sold?
The property at 62 Wig Hill Road was built in 1952 and last sold on Jan 1, 1970 for $63,500.
How much is this home worth?
The estimated value of the home located at 62 Wig Hill Road is $0.
What are some comparable homes to 62 Wig Hill Road?
There are currently no comparable homes to 62 Wig Hill Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Chester Homes for Sale
Chester Houses for Sale
Chester Land for Sale
Chester Commercial for Sale
Chester Homes with Basements
Chester Homes with Pools
Chester Homes with Parking
Chester Homes with Garages
Nearby Cities
Essex Village Homes for Sale
Deep River Center Homes for Sale
Chester Center Homes for Sale
Higganum Homes for Sale
Nearby Property Records
Middlesex County, CT Property Records
New Haven County, CT Property Records
New London County, CT Property Records
Suffolk County, NY Property Records
Tolland County, CT Property Records
Hartford County, CT Property Records
Windham County, CT Property Records
Washington County, RI Property Records
Nearby Counties
Madison Homes for Sale
Essex Homes for Sale
East Haddam Homes for Sale
Haddam Homes for Sale
Deep River Homes for Sale
Killingworth Homes for Sale
Lyme Homes for Sale
Top Real Estate Agents
Top Agents in Chester
Top Agents in Madison
Top Agents in 06443
Top Agents in Essex
Top Agents in East Haddam
Top Agents in 06426
Top Agents in Haddam
Top Agents in Essex Village