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Hartford 06078
988 Russell Ave
$262,500
● House - Off Market

988 Russell Ave

Suffield, CT 06078
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,800 Ft²
$997,666
RealtyHop Estimate
256.44%
Since Jan 1, 1998
National-US
Primary Model

About This Property

CUSTOM GAMBREL COL LOCATED ON PICTURESQUE RUSSELL AVE. 4 SEASON SUN ROOM LEADS TO A MULTI-LEVEL DECK. CATHEDRAL CEILING & EXTENSIVE BRICK FP IN FR, CENTER ISLE IN KITCHEN. 1ST FLOOR BR & LAUNDRY, CENTRAL AIR PLUS, LOADS MORE!
Unit Size
2,800 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$100
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 (MLSPIN #30175827)

Price History

Date / Event Date Event Price
Mar 19, 2018 Sold
Premium
Sold
Dec 2, 1997 Sold
Premium
Sold
Jul 22, 1997 Listed by Coldwell Banker Realty $279,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,440
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,688
  • Gross Building Area: 6,142
  • Building Area: 2,688
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,688
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Suffield School District
  • School Tax School District: SUFFIELD SD
  • Census Tract: 477101

Zoning

  • Zoning: R45

Geography

  • Account Number: R27053
  • Parcel: SUFF M:00027 B:00028 L:00044
  • Block: 28
  • Lot: 44
  • Municipality: SUFFIELD
  • Latitude: 42.0123
  • Longitude: -72.6721

    Address

  • Full Address: 988 Russell Ave
  • Address - House Number: 988
  • Address - Street Name: Russell
  • Address - Suffix Type: Ave
  • State: CT
  • City Name: Suffield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1031
  • Zip Code: 06078

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $742,800

    Appraisal Valuation

  • Standard Deviation: 0.1677
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 78
  • Final Value: 518,744
  • High Value: 605,785
  • Low Value: 431,703

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,630
  • Assessed Land Value: $66,150
  • Assessed Improvements Value: $193,480

    Sales

  • Current Sale Recording Date: Mar 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2186820002
  • Previous Sale Recording Date: Dec 02, 1997
  • Previous Sale Amount: $262,500
  • 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 Hartford

Stats & Trends

Median Asking:

$386,000

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2131 ft²

Average Home Age

66.7 years

Currently For Sale

1192 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 595 Main Street, Suffield, CT, 06078

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,362 ft²
595 Main Street #3, Suffield, CT, 06078 Listing by Gregory Conway

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30175827

Frequently Asked Questions

When was property at 988 Russell Avenue built and last sold?
The property at 988 Russell Avenue was built in 1979 and last sold on Jan 1, 1970 for $366,000.
How much is this home worth?
The estimated value of the home located at 988 Russell Avenue is $298,857.
What are some comparable homes to 988 Russell Avenue?
There are currently no comparable homes to 988 Russell Avenue.
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