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    Property profile & analytics

    40 Riv Rd Falls Village, CT 06031-1706

    • Specialty properties
    • 2.32 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Location Intelligence
    Property ID
    US15-0386567
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Specialty properties

    Property Details for 40 Riv Rd

    Lot size
    2.32 lot acres
    Zone code
    R80
    Property type
    Specialty properties
    APN
    CANA M:1 L:3-4E
    APU
    CANAM1L34E

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Falls Village
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.3559
    Latitude
    41.9247
    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
    2015
    $3,859
    $68,500
    $0.00
    $68,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $360,000
      2,540 SF

      200 Canaan Mtn Rd

      CHARITABLE ORGANIZATION • 2,540 SF
      200 Canaan Mtn Rd, Falls Village, CT 06031-1518
      View Details
    • Value Estimation by Request
      1,344 SF

      138 Johnson Rd

      CHARITABLE ORGANIZATION • 1,344 SF
      138 Johnson Rd, Falls Village, CT 06031-1619
      View Details
    • Value Estimation
      $250,000
      1,304 SF

      58 Johnson Rd

      CHARITABLE ORGANIZATION • 1,304 SF
      58 Johnson Rd, Falls Village, CT 06031-1616
      View Details
    • Value Estimation by Request
      2.49 Acres

      20 Riv Rd

      CHARITABLE ORGANIZATION • 2.49 Acres
      20 Riv Rd, Falls Village, CT 06031-1706
      View Details
    • Value Estimation by Request
      2.05 Acres

      30 Riv Rd

      CHARITABLE ORGANIZATION • 2.05 Acres
      30 Riv Rd, Falls Village, CT 06031-1706
      View Details
    • Value Estimation
      $260,000
      66.10 Acres

      7 Riv Rd

      CHARITABLE ORGANIZATION • 66.10 Acres
      7 Riv Rd, Falls Village, CT 06031-1707
      View Details

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    40 Riv Rd
    Falls Village, CT 06031-1706
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    Realmo Value Estimation

    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.

    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.

    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
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