MtnNorfolk, CT 06058

  • Investment properties
  • 6,364 SF
Off market

Property Details for Mtn

Year built
1850
Lot size
69.30 AC
Property size (Sq ft)
6,364 SF
Property type
Investment properties
Property subtype
Live-work space
APN
NORF M:7-12 B:0232
APU
NORFM712B0232

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,324,230
    6.5%
    $1,222,370
    7%
    $1,135,060
  • Comparable approach

    Method
    Valuation
    Relative Method
    $849,292
    Geo Method
    $848,151
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,396,740
    Retail / Commercial
    $1,227,760
    Hospitality / Lodging
    $895,500
    Office
    $1,214,060
    Institutional / Educational
    $1,270,410
    Residential Income
    $1,486,380
    Multifamily
    $1,788,280
    Automotive / Energy
    $1,088,920
    Parking / Income-Based Land
    $376,772
    Restaurant / Food Service
    $633,610
    Healthcare / Senior Housing
    $1,254,550

Location Insight

City
Norfolk
County
Litchfield
State
Connecticut
Latitude
41.9899
Longitude
-73.2033
CBSA code
45860
CBSA name
TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$179,702
$839,030
$5,650,760
$6,489,790
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FAQs

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