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Norwich 06360
8 15th Street
Listing Courtesy of: Leigh Zeeman, CENTURY 21 Shutters & Sails
$15,000
● Land - Off Market

8 15th Street

Norwich, Connecticut 06360
bedrooms
Studio
bathrooms
0 Bath
$14,916
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Easy to build on this lot! Flat, level lot with no visible ledge, should be an easy build. Already has approvals for a two family to go up. Has water line, gas line and sewer line all stubbed out & ready for easy hook up. Markers and pins are easily accessible and visible. Town will not allow mobile homes.
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$95
HOA Dues
-
Year Built
-

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: 4 years ago (Smart MLS #170553992)

Price History

Date / Event Date Event Price
Aug 11, 2023 Sold
Premium
Sold
Mar 4, 2023 Listed by CENTURY 21 Shutters & Sails $25,000
Listed by CENTURY 21 Shutters & Sails
May 6, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,011
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000276
  • Standard Land Use Code: 8001
  • County Land Use Code: 201

Neighborhood

  • School District Name: Norwich School District
  • School Tax School District: NORWICH SD
  • Census Tract: 696401

Zoning

  • Zoning: MF

Geography

  • Account Number: 790020133
  • Parcel: NORW M:79 B:2 L:13 U:3
  • Block: 2
  • Lot: 13
  • Municipality: NORWICH
  • Latitude: 41.5404
  • Longitude: -72.0529

    Address

  • Full Address: 8 15th St
  • Address - House Number: 8
  • Address - Street Name: 15th
  • Address - Suffix Type: St
  • State: CT
  • City Name: Norwich
  • Carrier Code: C020
  • 4-Digit Zip Code: 2816
  • Zip Code: 06360

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $114,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,500
  • Assessed Land Value: $23,500

    Sales

  • Current Sale Contract Date: Aug 03, 2023
  • Current Sale Recording Date: Aug 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023003236
  • Previous Sale Recording Date: May 06, 2005
  • Previous Sale Amount: $92,000
  • Previous 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 Norwich

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$195

Below Asking

0.01%

Average Days on Market

60

Average Home Size

1728 ft²

Average Home Age

95 years

Currently For Sale

114 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: Leigh Zeeman
CENTURY 21 Shutters & Sails
Last Updated: 4 years ago
Data Source: Smart MLS, MLS# 170553992
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 8 15th Street built and last sold?
The property at 8 15th Street was built in and last sold on Aug 3, 2023 for $15,000.
How much is this home worth?
The estimated value of the home located at 8 15th Street is $0.
What are some comparable homes to 8 15th Street?
There are currently no comparable homes to 8 15th Street.
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