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New Milford 06776
7 Sunset Lane
Listing Courtesy of: Joe Chemero, Coldwell Banker Realty
$410,000
● House - Off Market

7 Sunset Lane

New Milford, CT 06776
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$2,904
Est. Monthly
$470
HOA / Fees
5.19%
Cap Rate

About This Property

Beautifully maintained 3 bedroom 2 bathroom Raised Ranch on a quiet level lot. Open kitchen with Corian counters and newer stainless appliances. Primary bedroom with full bath. Hardwood floors. Lower level family room with fireplace. Deck off the dining room and walkout basement offers easy access to the outdoors. 2 car garage. Super convenient location and quiet cul de sac. Great walking neighborhood. Shed. Oil heat. Great landscaping/stonewalls. Newly stained deck. Generator hookup/ Marvin Integrity windows. Awesome backyard that borders the woods/river for privacy.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$421
HOA Dues
$470
Year Built
1975

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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 #24101725)

Price History

Date / Event Date Event Price
Sep 29, 2025 Sold
Premium
Sold
Aug 16, 2025 In contract -
In contract
Aug 6, 2025 Price Decreased $409,900
↓ $15K (3.6%)
Price Decreased
Jul 10, 2025 Price Decreased $425,000
↓ $10K (2.3%)
Price Decreased
Jun 24, 2025 Price Decreased $435,000
↓ $10K (2.3%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 9
  • Basement Area: 1,056
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 1,132
  • Gross Building Area: 2,356
  • Building Area: 1,132
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,132
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: New Milford School District
  • School Tax School District: NEW MILFORD SD
  • Census Tract: 253100

Zoning

  • Zoning: R8

Geography

  • Account Number: 8968
  • Parcel: NMIL M:57 L:72
  • Lot: 72
  • Municipality: NEW MILFORD
  • Latitude: 41.6183
  • Longitude: -73.4022

    Address

  • Full Address: 7 Sunset Ln
  • Address - House Number: 7
  • Address - Street Name: Sunset
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: New Milford
  • Carrier Code: C005
  • 4-Digit Zip Code: 2422
  • Zip Code: 06776

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $472,500

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 71
  • Final Value: 355,764
  • High Value: 429,762
  • Low Value: 281,767

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,040
  • Assessed Land Value: $45,930
  • Assessed Improvements Value: $117,110

    Sales

  • Current Sale Recording Date: Sep 21, 1990
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Milford

Stats & Trends

Median Asking:

$299,999

Sale Price/ft²

$256

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1574 ft²

Average Home Age

66.5 years

Currently For Sale

12 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 34 Old Park Lane Road, New Milford, CT, 06776

$2,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,950 ft²
34 Old Park Lane Road, New Milford, CT, 06776 Listing by Pete Gillen

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Joe Chemero
Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24101725
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 7 Sunset Lane built and last sold?
The property at 7 Sunset Lane was built in 1975 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 7 Sunset Lane is $0.
What are some comparable homes to 7 Sunset Lane?
There are currently no comparable homes to 7 Sunset Lane.
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