38 Timber Hill Rd Cromwell, CT 06416

Get Owner Info
4 beds · 4 baths · 2,918 sq ft · Lot Size: 14,375 sq ft · Single Family Home
Est. Property Value: $740,624

High Demand Long-Term RentalValued above Market MedianOwned for 5 - 10 YearsOwner Age 25 - 35

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

38 Timber Hill 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 1973 and is approximately 52 years old. The single family home spans 2918 sq ft with 4 bedrooms and 4 bathrooms and sits on a 14375 sq ft lot. According to public records, it was last sold in 2019 for $369,000 and has a tax-assessed value of $484,975, which is $254 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 38 Timber Hill Rd Cromwell, CT 06416 with Property Intel by Whitepages.

Investment Potential for 38 Timber Hill Rd

The property has a current estimated value of $740,624, which is 18% above the zip median, based on public records. It last sold on April 12, 2019 for $369K. Projected long-term
is $51,600 annually ($4,300 per month) with a 94% occupancy rate.

Discover more Single Family Homes in 06416.
See Recommended Properties

Long-Term

Gross Rental
$51,600 per year($4,300 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
94%in 06416 zip code
 
View Rental Potential

Owners & Occupancy for 38 Timber Hill Rd

This property is owned by Adam Alexander Haggett. Owner contact information includes and 1 email address.

Property Owners

Residence************
Landline
Distance from Property**********
Email Address*******@gmail.comView Email
View All Owner Info

Property Ownership Information

Purchase DateApril 12, 2019
Property Tax Amount$7,727 in 2024
Purchase Price$369,000

Occupancy

Resident 1************************ age 33
Resident 2*********************** age 33
Resident 3************ age 76
Resident 4************** age 81
Resident 5**************

Property Details for 38 Timber Hill Rd

Property Details

Property Sq Ft

Living Area

2,918 sq ft

27% above market

Lot Size

14,375 sq ft

42% below market

Price Per Sq Ft

Living Area

$254 / sq ft

8% below market

Lot Size Area

$52 / sq ft

85% above market

Property condition, age, exterior, etc. for 38 Timber …
Longitude: -72.656406 Latitude: 41.596247 Parcel Number (APN): CROM-000013-000000-006800…
Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details

Recommended Properties in 06416

Discover more single family homes near 38 Timber Hill 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 38 Timber Hill Rd in Middlesex County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$740,624
$580,984
$159,640 (27%)
$*******
$879,108
$1,156,274 (132%)
YoY Price Change
****%
2.51%
1079%
Year Built
1973
1970
3 years
Living Space
2,918 sq ft
2,439 sq ft
479 (20%)
$ Per Living Sq Ft
$254
$244
$10 (4%)
Lot Size
14,375 sq ft
37,462 sq ft
-23087 (-62%)
$ Per Lot Sq Ft
$52
$19
$33 (173%)

Net Operating Income
$*****
$24,242
$7,347 (30%)
Annual Revenue
$51,600
$42,600
$9,000 (21%)
$*****
$19,639
$372 (2%)
Net Operating Income
$*****
$24,242
$7,347 (30%)
Cap Rate
****%
4.26%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

Find More Housing Markets Near Cromwell