6 Bluestem Blvd Cromwell, CT 06416

3 beds · 2 baths · 2,347 sq ft · Lot Size: 9,583 sq ft · Single Family Home
Est. Property Value: $817,576

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6 Bluestem Blvd 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 2022 and is approximately 3 years old. The single family home spans 2347 sq ft with 3 bedrooms and 2 bathrooms and sits on a 9583 sq ft lot. According to public records, it was last sold in 2022 for $620,974 and has a tax-assessed value of $698,535, which is $348 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 6 Bluestem Blvd Cromwell, CT 06416 with Property Intel by Whitepages.

Owners & Occupancy for 6 Bluestem Blvd

No contact information is available.

Occupancy

Resident 1*************** age 60
Resident 2***************** age 60
Resident 3****************** age 60

Property Financials for 6 Bluestem Blvd

6 Bluestem Blvd, Cromwell, CT has a mortgage (orig. February 10, 2023). The Middlesex county assessment for 2024 values it at $698,535, with annual taxes of $12,065.

Mortgage & Equity Information

Loan Amount$******
Origination DateFebruary 10, 2023
Interest Rate****%
Term17 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateSeptember 28, 2022
Property Tax Amount$12,065 in 2024
Purchase Price$620,974
Assessed Value$698,535 on 2024

Investment Potential for 6 Bluestem Blvd

The property has a current estimated value of $817,576, which is 71% above the zip median, based on public records. It last sold on September 28, 2022 for $621K. Projected long-term
is $45,600 annually ($3,800 per month) with a 94% occupancy rate.

Discover more Single Family Homes in 06416.

Long-Term

Gross Rental
$45,600 per year($3,800 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 06416 zip code
 
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Property Details for 6 Bluestem Blvd

Property Details

Property Sq Ft

Living Area

2,347 sq ft

49% above market

Lot Size

9,583 sq ft

54% below market

Price Per Sq Ft

Living Area

$348 / sq ft

15% above market

Lot Size Area

$85 / sq ft

260% above market

Property condition, age, exterior, etc. for 6 Bluestem…
Longitude: -72.641125 Latitude: 41.617747 Parcel Number (APN): CROM-001181-000000-002500…

Recommended Properties in 06416

Discover more single family homes near 6 Bluestem Blvd 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 6 Bluestem Blvd in Middlesex County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$817,576
$374,920
$442,656 (118%)
YoY Price Change
Year Built
2022
1962
60 years
Living Space
2,347 sq ft
1,485 sq ft
862 (58%)
$ Per Living Sq Ft
$348
$249
$99 (40%)
Lot Size
9,583 sq ft
19,602 sq ft
-10019 (-51%)
$ Per Lot Sq Ft
$85
$20
$66 (335%)

Net Operating Income
$27,583
-$6,074 (-22%)
Annual Revenue
$45,600
$42,000
$3,600 (9%)
$14,851
$9,240 (62%)
Net Operating Income
$27,583
-$6,074 (-22%)
Cap Rate
7.46%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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