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Fairfield
77 Waterview Drive
Listing Courtesy of: Thais Godinho, Scalzo Real Estate
$288,575
● House - Off Market

77 Waterview Drive

Newtown, Connecticut 06482
bedrooms
3 Beds
bathrooms
1 Bath
square feet
775 Ft²
$1,815
Est. Monthly
8.33%
Cap Rate

About This Property

Welcome to your charming bungalow by the lake! This delightful home has just been freshly painted. You'll love the spacious deck, perfect for relaxing in your fenced-in backyard, plus a detached garage for all your storage needs. This property is an ideal spot for first-time homebuyers or those looking to downsize while enjoying the beauty of a lake community. Just a short stroll of less than half a mile takes you to the ROLZA (Riverside on Lake Zoar Association) beach, the beautifully rebuilt pavilion (completed in 2019), and a boat launch - all for a small membership fee!Conveniently located, you're also a quick drive away from shops, restaurants, Route 34, and I-84. This is a wonderful opportunity at a great price that you won't want to miss! Property sold as is.
Unit Size
775 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$372
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1956

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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 #24061358)

Price History

Date / Event Date Event Price
Jan 15, 2025 Sold
Premium
Sold
Dec 4, 2024 In contract -
In contract
Nov 21, 2024 Listed by Scalzo Real Estate $289,900
Listed by Scalzo Real Estate
Nov 19, 2020 Sold
Premium
Sold
Oct 24, 2002 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 9
  • Basement Area: 775
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 775
  • Gross Building Area: 1,880
  • Building Area: 775
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 775
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Newtown School District
  • School Tax School District: NEWTOWN SD
  • Census Tract: 230501

Zoning

  • Zoning: R-1

Geography

  • Account Number: 517500
  • Parcel: NEWT M:43 B:12 L:181
  • Block: 12
  • Lot: 181
  • Municipality: NEWTOWN
  • Latitude: 41.4379
  • Longitude: -73.2455

    Address

  • Full Address: 77 Waterview Dr
  • Address - House Number: 77
  • Address - Street Name: Waterview
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Sandy Hook
  • Carrier Code: R027
  • 4-Digit Zip Code: 1206
  • Zip Code: 06482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $463,800

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 72
  • Final Value: 268,004
  • High Value: 322,542
  • Low Value: 213,466

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,760
  • Assessed Land Value: $39,730
  • Assessed Improvements Value: $137,030

    Sales

  • Current Sale Contract Date: Nov 11, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200-00005662
  • Previous Sale Recording Date: Oct 24, 2002
  • Previous Sale Amount: $196,000
  • Previous 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 Fairfield

Stats & Trends

Median Asking:

$674,900

Sale Price/ft²

$333

Above Asking

0.09%

Average Days on Market

64

Average Home Size

2541 ft²

Average Home Age

62.6 years

Currently For Sale

1927 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

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SMART

Listed by: Thais Godinho
Scalzo Real Estate
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24061358
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 77 Waterview Drive built and last sold?
The property at 77 Waterview Drive was built in 1956 and last sold on Nov 11, 2020 for $219,000.
How much is this home worth?
The estimated value of the home located at 77 Waterview Drive is $0.
What are some comparable homes to 77 Waterview Drive?
There are currently no comparable homes to 77 Waterview Drive.
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