Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Winchester Land Near Highland Lake Title is generated by Realmo AI

    32 Hubbard Street, Winchester, CT 06098

    View on Map
    Claim this Listing
    New
    Picture of Residential land & home lots at 32 Hubbard Street, Winchester, CT
    For Sale
    $45,000

    LAND - Winchester, CT

    Lot size:
    0.41 Acres
    Added:
    May 31, 2026
    Days on Market:
    1
    Last Refresh:
    May 31 at 2:06 pm

    Property Features for 32 Hubbard Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-4
    Standard status
    Active
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    2822

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    David Sartirana

    Listing agent David Sartirana License #REB.0756887

    Listing office Northwest CT Realty 98 Main Street, Winsted, CT

    Listing date May 31, 2026

    MLS# 24179637 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Convenient in‑town location close to downtown amenities.
    • Easy access to Highland Lake's public beach and boat launch.
    • Level 0.41‑acre lot suitable for building.
    • Public water, public sewer, and natural gas available.
    • Opportunity to redevelop an established homesite.
    • Potential for a dream home, seasonal retreat, or investment property.

    Overview

    This 0.41-acre lot presents a rare opportunity for building in a convenient in-town location in Winchester, CT. The level lot is ideally situated close to downtown amenities while offering easy access to Highland Lake's public beach and boat launch. Formerly improved with a three-story Colonial home, the property presents a unique opportunity to redevelop an established homesite. Public water, public sewer, and natural gas are available in the area; the buyer is responsible for verifying availability and connection requirements. The location provides convenient access to nearby shopping, dining, recreation, and one of Northwestern Connecticut's most desirable lakes. This lot offers outstanding potential for building a dream home, a seasonal retreat, or an investment property. Interested parties should discuss their plans with the town's Land Use and Development office.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.080955
    Latitude
    41.927246

    Nearby Similar for Sale

    • $250,000
      2,177 SF

      Turnkey Restaurant in Litchfield County

      Award-winning restaurant with loyal customer base and high-traffic location.
      436 Main Street, Winchester, CT 06098
      View Details
    • $399,000
      2,779 SF

      Victorian Two-Family Home, Winchester CT

      Well-maintained Victorian two-family home in a prime location.
      217 Walnut Street, Winchester, CT 06098
      View Details
    • $280,000
      4,852 SF

      Versatile Commercial Building in Winchester

      4,852 SF commercial building in Litchfield County.
      1 Lake Street, Winchester, CT 06098
      View Details
    • $595,000
      9,438 SF

      Versatile Commercial Building with Visibility

      Adaptable building suitable for retail, storage, or automotive businesses.
      45 Willow Street, Winchester, CT 06098
      View Details
    • $595,000

      Versatile Commercial Property in Winchester

      Adaptable building suitable for retail, storage, or automotive uses.
      45 Willow St, Winchester, CT 06098
      View Details
    • $899,000
      11,972 SF

      Historic Theater with Multiple Income

      Unique commercial property with theater, restaurant, and bar.
      354 Main Street, Winchester, CT 06098
      View Details
    • $449,000
      5,016 SF

      Victorian Property with Development Potential

      Versatile Victorian property in Winchester, CT with development potential.
      55 Walnut Street, Winchester, CT 06098
      View Details
    • $1,900,000
      12,000 SF

      New 12,000 SF Steel Building

      Newly constructed flex space with expansion potential on 20+ acres.
      144 Rowley St, Winchester, CT 06098
      View Details
    • $290,000
      4,852 SF

      Prime Commercial Property, Winchester CT

      Versatile commercial building in Litchfield County with customization options.
      1 Lake St, Winchester, CT 06098
      View Details
    • $879,990

      Rare Land Opportunity in Winchester

      Large land parcel in Litchfield County with natural beauty.
      000000 Norfolk Road, Winchester, CT 06098
      View Details
    • $200,000

      Private Winchester Land for Dream Home

      Private, wooded 15.9-acre hilltop building site in Winchester Center, CT.
      Chapel Road, Winchester, CT 06098
      View Details
    • $579,000

      Winsted Multifamily Investment Opportunity

      Charming 5-unit apartment building in residential neighborhood. Fully rented.
      150 Oak St, Winchester, CT 06098
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.41-acre lot near downtown Winchester and Highland Lake.
    Where is this residential land & home lot located?
    The property is located at 32 Hubbard Street Winchester, CT.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: Convenient in‑town location close to downtown amenities.; Easy access to Highland Lake's public beach and boat launch.; Level 0.41‑acre lot suitable for building.
    (860) 806-0225
    We can help!
    Listing Contact
    David Sartirana
    Real Estate License ID: REB.0756887
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    32 Hubbard Street, Winchester, CT 06098
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!