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Litchfield 06098
756 Lake Drive
Listing Courtesy of: Pam Famiglietti, William Raveis Real Estate
$500,000
● House - Off Market

756 Lake Drive

Winchester, Connecticut 06098
bedrooms
3 Beds
bathrooms
1 Bath
square feet
816 Ft²
$500,838
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Highland Lake - Charming waterfront home! Enjoy the awesome sunsets from the great room with a wall of windows overlooking the lake or relax on your private stationary dock & deck with IPE Brazilian 50 yr. hardwood decking on a concrete and steel beam pier. (Many say, it is the best dock on the lake!) A beautiful granite seawall and tiered granite landscaping walls add lovely accents to this well maintained property. Located in the Third Bay East side, You will wake to comfortable shade and enjoy the afternoon sun. This year-round house has great privacy. All 4 seasons are beautiful on the lake, even winter, when watching cross-country skiers glide across the lake. Newer roof & siding. Enjoy carefree living!  Life is Better on the Lake!
Unit Size
816 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$613
Property Type
House
Property Taxes
$584
HOA Dues
-
Year Built
1950

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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: 3 years ago (Smart MLS #170569658)

Price History

Date / Event Date Event Price
Jun 28, 2023 Sold
Premium
Sold
May 12, 2023 Listed by William Raveis Real Estate $500,000
Listed by William Raveis Real Estate
Oct 29, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 24
  • 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: 9
  • Basement Area: 480
  • 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: 816
  • Gross Building Area: 1,540
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 816
  • Heating Fuel Type: 9

    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: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 320200

Zoning

  • Zoning: HL

Geography

  • Account Number: 2523
  • Parcel: WINC M:044 B:107 L:058
  • Block: 107
  • Lot: 58
  • Municipality: WINCHESTER
  • Latitude: 41.8922
  • Longitude: -73.0903

    Address

  • Full Address: 756 Lake Dr
  • Address - House Number: 756
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Winsted
  • Carrier Code: R007
  • 4-Digit Zip Code: 2915
  • Zip Code: 06098

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $905,500

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 70
  • Final Value: 508,010
  • High Value: 618,391
  • Low Value: 397,628

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,140
  • Assessed Land Value: $316,750
  • Assessed Improvements Value: $26,390

    Sales

  • Current Sale Recording Date: Oct 29, 2001
  • Current Sale Price:
    Premium
  • Current 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 Litchfield

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2063 ft²

Average Home Age

74.3 years

Currently For Sale

628 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 290 Cliffside Drive, Torrington, CT, 06790

$2,500 /mo

  • 2 Beds
  • 2 Baths
290 Cliffside Drive #290, Torrington, CT, 06790 Listing by Mary Clancey

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Pam Famiglietti
William Raveis Real Estate
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170569658
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 756 Lake Drive built and last sold?
The property at 756 Lake Drive was built in 1950 and last sold on Jan 1, 1970 for $135,000.
How much is this home worth?
The estimated value of the home located at 756 Lake Drive is $491,340.
What are some comparable homes to 756 Lake Drive?
There are currently no comparable homes to 756 Lake Drive.
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