71 Orchard Rd Cromwell, CT 06416

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3 beds · 1 bath · 1,657 sq ft · Lot Size: 17,424 sq ft · Single Family Home
Est. Property Value: $461,977

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71 Orchard Rd 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 1956 and is approximately 69 years old. The single family home spans 1657 sq ft with 3 bedrooms and 1 bathroom and sits on a 17424 sq ft lot. Analyze and compare real estate investment strategies for properties like this home at 71 Orchard Rd Cromwell, CT 06416 with Property Intel by Whitepages.

71 Orchard Rd

Cromwell, CT 06416

Neighborhood

Owners & Occupancy for 71 Orchard Rd

This property is owned by Carl L Lincovich. Owner contact information includes 1 phone number and 2 email addresses.

Property Owners

Residence***********
Landline(860) 621-7819
Distance from Property**********
Email Address*************@gmail.comView Email

Occupancy

Current Occupancy******View Occupancy

Property Financials for 71 Orchard Rd

71 Orchard Rd, Cromwell, CT has no known mortgage. Middlesex county annual taxes are $3,972.

Property Tax

Property Tax Amount$3,972 in 2011

Investment Potential for 71 Orchard Rd

The property has a current estimated value of $461,977, which is 3% below the zip median. Projected long-term rental income is $41,400 annually ($3,450 per month) with a 94% occupancy rate.

Discover more Single Family Homes in 06416.

Long-Term

Gross Rental
$41,400 per year($3,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 06416 zip code
 
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Property Details for 71 Orchard Rd

Property Details

Property Sq Ft

Living Area

1,657 sq ft

6% above market

Lot Size

17,424 sq ft

17% below market

Price Per Sq Ft

Living Area

$279 / sq ft

8% below market

Lot Size Area

$27 / sq ft

12% above market

Property condition, age, exterior, etc. for 71 Orchard…
Longitude: -72.66513 Latitude: 41.61084 Parcel Number (APN): 000015 - 000072…

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Discover more single family homes near 71 Orchard Rd 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 71 Orchard Rd in Middlesex County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$461,977
$374,920
$87,057 (23%)
$570,006
$699,598 (123%)
YoY Price Change
Year Built
1956
1962
-6 years
Living Space
1,657 sq ft
1,485 sq ft
172 (12%)
$ Per Living Sq Ft
$279
$249
$30 (12%)
Lot Size
17,424 sq ft
19,602 sq ft
-2178 (-11%)
$ Per Lot Sq Ft
$27
$20
$7 (35%)

Net Operating Income
$27,583
$939 (3%)
Annual Revenue
$41,400
$42,000
-$600 (-1%)
$14,851
-$1,973 (-13%)
Net Operating Income
$27,583
$939 (3%)
Cap Rate
7.46%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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