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Orange 06477
827 Grassy Hill Road
Listing Courtesy of: Richard Tabor, Berkshire Hathaway NE Prop.
$335,000
● House - Off Market

827 Grassy Hill Road

Orange, Connecticut 06477
bedrooms
2 Beds
bathrooms
2 Baths
square feet
848 Ft²
$2,091
Est. Monthly
5.21%
Cap Rate

About This Property

This bright, sunny cape shares the best of worlds. It has the feel and privacy of a secluded country home, and yet there is quick and easy access to the parkway which leads to New York or New Haven. The renovated open concept on the first floor has a kitchen, a dining area and a living room with a beautiful fireplace. It also has a full bath with a laundry room area. Upstairs, you will find two bedrooms and another full bath. And, it is all part of the Blue Ribbon Award winning Amity school system. This adorable home sits on a half acre of land set well off the main road. The town has confirmed that there is room to expand, so there's lots to offer here. Come and see the possibilities.
Unit Size
848 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$395
Property Type
House
Property Taxes
$445
HOA Dues
-
Year Built
1939

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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 #170604694)

Price History

Date / Event Date Event Price
Dec 22, 2023 Sold
Premium
Sold
Nov 17, 2023 In contract -
In contract
Oct 18, 2023 Listed by Berkshire Hathaway NE Prop. $350,000
Listed by Berkshire Hathaway NE Prop.
Nov 21, 2019 Sold
Premium
Sold
Oct 4, 2019 No longer available -
No longer available
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 21,780
  • Total Building Area: 848
  • Gross Building Area: 1,760
  • Building Area: 848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 848
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Orange School District
  • School Tax School District: ORANGE SD
  • School Tax District Code 2: REGIONAL SD 05
  • Census Tract: 157300

Zoning

  • Zoning: RESIDE

Geography

  • Account Number: 190400
  • Parcel: ORAN M:79 B:2 L:4
  • Block: 2
  • Lot: 4
  • Municipality: ORANGE
  • Latitude: 41.2948
  • Longitude: -73.0403

    Address

  • Full Address: 827 Grassy Hill Rd
  • Address - House Number: 827
  • Address - Street Name: Grassy Hill
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Orange
  • Carrier Code: C007
  • 4-Digit Zip Code: 1603
  • Zip Code: 06477

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $534,400

    Appraisal Valuation

  • Standard Deviation: 0.1061
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 89
  • Final Value: 332,558
  • High Value: 367,861
  • Low Value: 297,255

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,400
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $62,200

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 21, 2019
  • Previous Sale Contract Date: Nov 19, 2019
  • Previous Sale Amount: $231,000
  • 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 Orange

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$284

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2444 ft²

Average Home Age

57.1 years

Currently For Sale

17 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

Rentals Near You

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SMART

Listed by: Richard Tabor
Berkshire Hathaway NE Prop.
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170604694
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 827 Grassy Hill Road built and last sold?
The property at 827 Grassy Hill Road was built in 1939 and last sold on Dec 20, 2023 for $335,000.
How much is this home worth?
The estimated value of the home located at 827 Grassy Hill Road is $334,750.
What are some comparable homes to 827 Grassy Hill Road?
There are currently no comparable homes to 827 Grassy Hill Road.
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