11 Elvira Dr Rockfall, CT 06481

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3 beds · 1 bath · 1,377 sq ft · Lot Size: 37,026 sq ft · Single Family Home
Est. Property Value: $282,297

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11 Elvira Dr is in the 06481 neighborhood of Rockfall, CT. It is located in Lower Connecticut River Valley County and ZIP code 06481. This Single Family Home was built in 1981 and is approximately 44 years old. The single family home spans 1377 sq ft with 3 bedrooms and 1 bathroom and sits on a 37026 sq ft lot. According to public records, it was last sold in 2020 for $230,000 and has a tax-assessed value of $307,800, which is $205 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 11 Elvira Dr Rockfall, CT 06481 with Property Intel by Whitepages.

11 Elvira Dr

Rockfall, CT 06481

Owner Info

Owners & Occupancy for 11 Elvira Dr

This property is owned by Christopher J Reig. Owner contact information includes 1 phone number and 1 email address.

Property Owners

Residence************
Landline(203) 237-3504
Distance from Property**********
Email Address***********@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 32
Resident 2******************** age 38

Property Financials for 11 Elvira Dr

11 Elvira Dr, Rockfall, CT has a mortgage from Citizens Bk (orig. May 14, 2020). The Lower Connecticut River Valley county assessment for 2024 values it at $307,800, with annual taxes of $5,264.

Mortgage & Equity Information

Loan Amount$******
LenderCitizens Bk
Origination DateMay 14, 2020
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date************
Equity View Equity

Property Tax

Purchase DateMay 14, 2020
Property Tax Amount$5,264 in 2024
Purchase Price$230,000
Assessed Value$307,800 on 2024

Investment Potential for 11 Elvira Dr

The property has a current estimated value of $282,297, which is 5% below the zip median, based on public records. It last sold on May 14, 2020 for $230K. Projected long-term
is $42,600 annually ($3,550 per month) with a 90% occupancy rate.

Discover more Single Family Homes in 06481.

Long-Term

Gross Rental
$42,600 per year($3,550 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 06481 zip code
 
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Property Details for 11 Elvira Dr

Property Details

Property Sq Ft

Living Area

1,377 sq ft

11% below market

Lot Size

37,026 sq ft

13% above market

Price Per Sq Ft

Living Area

$205 / sq ft

6% above market

Lot Size Area

$8 / sq ft

23% below market

Property condition, age, exterior, etc. for 11 Elvira …
Longitude: -72.700816 Latitude: 41.5271 Parcel Number (APN): MFLD-000009-000000-000034…

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Discover more single family homes near 11 Elvira Dr in Rockfall, 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 11 Elvira Dr in Lower Connecticut River Valley County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$282,297
$374,920
-$92,623 (-25%)
YoY Price Change
Year Built
1981
1962
19 years
Living Space
1,377 sq ft
1,485 sq ft
-108 (-7%)
$ Per Living Sq Ft
$205
$249
-$44 (-18%)
Lot Size
37,026 sq ft
19,602 sq ft
17424 (89%)
$ Per Lot Sq Ft
$8
$20
-$12 (-61%)

Net Operating Income
$27,583
$1,975 (7%)
Annual Revenue
$42,600
$42,000
$600 (1%)
$14,851
-$1,809 (-12%)
Net Operating Income
$27,583
$1,975 (7%)
Cap Rate
7.46%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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