9 Allen Rd R Cromwell, CT 06416

3 beds · 2 baths · 1,346 sq ft · Lot Size: 20,038 sq ft · Single Family Home
Est. Property Value: $473,528

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9 Allen Rd R is in the 06416 neighborhood of Cromwell, CT. It is located in Middlesex County and ZIP code 06416. This Single Family Home was built in 1971 and is approximately 54 years old. The single family home spans 1346 sq ft with 3 bedrooms and 2 bathrooms and sits on a 20038 sq ft lot. According to public records, it was last sold in 2016 for $263,000 and has a tax-assessed value of $343,805, which is $352 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 9 Allen Rd R Cromwell, CT 06416 with Property Intel by Whitepages.

9 Allen Rd R

Cromwell, CT 06416

Neighborhood

Owners & Occupancy for 9 Allen Rd R

No contact information is available.

Occupancy

Current Occupancy******View Occupancy

Property Financials for 9 Allen Rd R

9 Allen Rd R, Cromwell, CT has a mortgage from Connecticut Home Mtg (orig. August 25, 2016). The Middlesex county assessment for 2024 values it at $343,805, with annual taxes of $5,500.

Mortgage & Equity Information

Loan Amount$******
LenderConnecticut Home Mtg
Origination DateAugust 25, 2016
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date***************
Equity View Equity

Property Tax

Purchase DateAugust 25, 2016
Property Tax Amount$5,500 in 2024
Purchase Price$263,000
Assessed Value$343,805 on 2024

Investment Potential for 9 Allen Rd R

The property has a current estimated value of $473,528, which is 1% below the zip median, based on public records. It last sold on August 25, 2016 for $263K. Projected long-term
is $51,600 annually ($4,300 per month) with a 94% occupancy rate.

Discover more Single Family Homes in 06416.

Long-Term

Gross Rental
$51,600 per year($4,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 06416 zip code
 
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Property Details for 9 Allen Rd R

Property Details

Property Sq Ft

Living Area

1,346 sq ft

14% below market

Lot Size

20,038 sq ft

4% below market

Price Per Sq Ft

Living Area

$352 / sq ft

16% above market

Lot Size Area

$24 / sq ft

0% above market

Property condition, age, exterior, etc. for 9 Allen Rd…
Longitude: -72.652003 Latitude: 41.596992 Parcel Number (APN): CROM-000044-000000-007500…

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Discover more single family homes near 9 Allen Rd R in Cromwell, Connecticut. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 9 Allen Rd R in Middlesex County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$473,528
$374,920
$98,608 (26%)
$570,006
$731,342 (128%)
YoY Price Change
Year Built
1971
1962
9 years
Living Space
1,346 sq ft
1,485 sq ft
-139 (-9%)
$ Per Living Sq Ft
$352
$249
$103 (41%)
Lot Size
20,038 sq ft
19,602 sq ft
436 (2%)
$ Per Lot Sq Ft
$24
$20
$4 (20%)

Net Operating Income
$27,583
$8,151 (30%)
Annual Revenue
$51,600
$42,000
$9,600 (23%)
$14,851
$1,015 (7%)
Net Operating Income
$27,583
$8,151 (30%)
Cap Rate
7.46%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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