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New London 06340
69 Brookside Lane
Listing Courtesy of: Joan Casey, RE/MAX Legends
$345,000
● House - Off Market

69 Brookside Lane

Groton, CT 06340
bedrooms
3 Beds
bathrooms
1 Bath
$1,929
Est. Monthly
10.02%
Cap Rate

About This Property

ONE Level Living!!! Great starter (or wind down) home. This lovely ranch is located in a wonderful neighborhood close to the parks, playing field and library. The kitchen and bath were completely renovated in 2024 (granite, stainless, quiet-close, etc...). Three bedrooms have original hardwood flooring while the rest of the rooms have newer LVP (luxury vinyl plank) flooring. The roof is less than 8 years old; windows (Andersen) and sliders have been replaced. The backyard is fenced (perfect for pets and little ones)!!! Two sheds on the property will remain and offer perfect storage for your tools and seasonal furniture. An ideal closing would be end of July.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1965

Payment Calculator

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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 #24103590)

Price History

Date / Event Date Event Price
Aug 1, 2025 Sold
Premium
Sold
Jun 24, 2025 In contract -
In contract
Jun 12, 2025 Listed by RE/MAX Legends $318,000
Listed by RE/MAX Legends

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,022
  • Gross Building Area: 1,022
  • Building Area: 1,022
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,022
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Groton School District
  • School Tax School District: GROTON SD
  • Census Tract: 702800

Zoning

  • Zoning: R-12

Geography

  • Account Number: 169808987915
  • Parcel: GROT M:169808987915
  • Municipality: GROTON
  • Latitude: 41.3497
  • Longitude: -72.0226

    Address

  • Full Address: 69 Brookside Ln
  • Address - House Number: 69
  • Address - Street Name: Brookside
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: Groton
  • Carrier Code: C026
  • 4-Digit Zip Code: 4301
  • Zip Code: 06340

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $406,600

    Appraisal Valuation

  • Standard Deviation: 0.2078
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 71
  • Final Value: 280,847
  • High Value: 339,212
  • Low Value: 222,482

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,310
  • Assessed Land Value: $30,100
  • Assessed Improvements Value: $119,210
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:

$399,900

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1848 ft²

Average Home Age

69.7 years

Currently For Sale

591 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 42 Noble Avenue, Groton, CT, 06340

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 984 ft²
42 Noble Avenue, Groton, CT, 06340 Listing by Bridget Morrissey
Unit for rent at 1154 Poquonnock Road, Groton, CT, 06340

$3,095 /mo

  • 2 Beds
  • 1 Bath
  • 1,600 ft²
1154 Poquonnock Road #12, Groton, CT, 06340 Listing by Jonathan Rodgers

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Joan Casey
RE/MAX Legends
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24103590
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 69 Brookside Lane built and last sold?
The property at 69 Brookside Lane was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 69 Brookside Lane is $321,180.
What are some comparable homes to 69 Brookside Lane?
There are currently no comparable homes to 69 Brookside Lane.
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