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Fairfield 06877
87 Blue Ridge Road
$464,400
● House - Off Market

87 Blue Ridge Road

Ridgefield, CT 06877
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,440 Ft²
$960,182
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

You'll love it the moment you enter this beautifully cared for split situated on a quiet access way.  Formal LR & DR are just steps from a spacious main level family room with brand new carpet.  Both FR and DR have sliders leading to a large deck & portable screen house for summer entertainment.  New SS dishwasher & range in eat-in kitchen. 4 UL bedrooms including master suite all with hardwood floors.  Lots of storage!!! Bonus walk-in closet in UL hall plus unusually spacious storage/work area on LL.  Level backyard with shed. Must see this charmer!  Home Warranty to buyer. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
2,440 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$211
Property Type
House
Property Taxes
$625
HOA Dues
-
Year Built
1966

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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: 6 months ago (OneKey MLS #KEYH4431324)

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold
Premium
Sold
Oct 28, 2020 No longer available -
No longer available
Sep 9, 2020 Listed by Keller Williams Realty - Ridge $644,000
Listed by Keller Williams Realty - Ridge
Jan 16, 2015 Sold
Premium
Sold
Aug 21, 2014 Listed by Keller Williams Realty - Ridge $515,000
Listed by Keller Williams Realty - Ridge

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 936
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,352
  • Total Building Area: 2,200
  • Building Area: 2,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001110
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Ridgefield School District
  • School Tax School District: RIDGEFIELD SD
  • Census Tract: 245600

Zoning

  • Zoning: RAA

Geography

  • Account Number: C100067
  • Parcel: RIDG M:C10 B:0067
  • Block: 67
  • Municipality: RIDGEFIELD
  • Latitude: 41.3174
  • Longitude: -73.5315

    Address

  • Full Address: 87 Blue Ridge Rd
  • Address - House Number: 87
  • Address - Street Name: Blue Ridge
  • Address - Suffix Type: Rd
  • State: CT
  • City Name: Ridgefield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2306
  • Zip Code: 06877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,257,300

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 72
  • Final Value: 839,744
  • High Value: 1,009,821
  • Low Value: 669,667

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $487,130
  • Assessed Land Value: $189,000
  • Assessed Improvements Value: $298,130

    Sales

  • Current Sale Contract Date: Nov 18, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jan 16, 2015
  • Previous Sale Amount: $464,400
  • 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:

$675,000

Sale Price/ft²

$336

Above Asking

0.09%

Average Days on Market

64

Average Home Size

2576 ft²

Average Home Age

62.3 years

Currently For Sale

1828 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 18 North Street, Ridgefield, CT, 06877

$3,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,298 ft²
18 North Street, Ridgefield, CT, 06877 Listing by Dawn Grabover
Unit for rent at 232 Hunt Lane, North Salem, NY, 10560

$5,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,080 ft²
232 Hunt Lane, North Salem, NY, 10560 Listing by Andrew Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 87 Blue Ridge Road built and last sold?
The property at 87 Blue Ridge Road was built in 1966 and last sold on Nov 18, 2020 for $625,000.
How much is this home worth?
The estimated value of the home located at 87 Blue Ridge Road is $654,003.
What are some comparable homes to 87 Blue Ridge Road?
There are currently no comparable homes to 87 Blue Ridge Road.
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