590 Main St R Cromwell, CT 06416

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3 beds · 1 bath · 1,200 sq ft · Lot Size: 40,946 sq ft · Single Family Home
Est. Property Value: $289,315

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590 Main St 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 1958 and is approximately 67 years old. The single family home spans 1200 sq ft with 3 bedrooms and 1 bathroom and sits on a 40946 sq ft lot. According to public records, it was sold for $130,000 and has a tax-assessed value of $247,190, which is $241 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 590 Main St R Cromwell, CT 06416 with Property Intel by Whitepages.

590 Main St R

Cromwell, CT 06416

Owner Info

Owners & Occupancy for 590 Main St R

This property is owned by Rose Marie Libera. Owner contact information includes 4 phone numbers and 1 email address.

Property Owners

Cell Phone(860) ***-****View Cell Phone
Residence************
Landline(860) 613-2723
Distance from Property**********
Email Address*******@marketonmain.infoView Email

Occupancy

Current Occupancy******View Occupancy

Property Financials for 590 Main St R

590 Main St R, Cromwell, CT has no known mortgage. The Middlesex county assessment for 2024 values it at $247,190, with annual taxes of $5,346.

Property Tax

Property Tax Amount$5,346 in 2024
Purchase Price$130,000
Assessed Value$247,190 on 2024

Investment Potential for 590 Main St R

The property has a current estimated value of $289,315, which is 39% below the zip median, based on public records. It last sold for $130,000. Projected long-term
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 590 Main St R

Property Details

Property Sq Ft

Living Area

1,200 sq ft

24% below market

Lot Size

40,946 sq ft

96% above market

Price Per Sq Ft

Living Area

$241 / sq ft

20% below market

Lot Size Area

$7 / sq ft

70% below market

Property condition, age, exterior, etc. for 590 Main S…
Longitude: -72.652497 Latitude: 41.623199 Parcel Number (APN): CROM-000001-000000-003200…

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Discover more single family homes near 590 Main St 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 590 Main St R in Middlesex County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$289,315
$374,920
-$85,605 (-23%)
YoY Price Change
Year Built
1958
1962
-4 years
Living Space
1,200 sq ft
1,485 sq ft
-285 (-19%)
$ Per Living Sq Ft
$241
$249
-$8 (-3%)
Lot Size
40,946 sq ft
19,602 sq ft
21344 (109%)
$ Per Lot Sq Ft
$7
$20
-$13 (-64%)

Net Operating Income
$27,583
$805 (3%)
Annual Revenue
$41,400
$42,000
-$600 (-1%)
$14,851
-$1,839 (-12%)
Net Operating Income
$27,583
$805 (3%)
Cap Rate
7.46%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Find More Housing Markets Near Cromwell