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    114 Wallace St, Unit 3 New Britain, CT 06051

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    For Lease
    $1,600 /Mo

    Recently updated 2-bedroom apartment with optional third bedroom/office.

    Lot size:
    0.15 Acres

    Property Features for 114 Wallace St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1915

    Source: New Haus Group LLC Agent Anna Opoka

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Apartment with Flexible Space

    This updated apartment is located on the third floor and features two bedrooms. There is also a flexible space that can be used as a third bedroom, an office, or additional living space. The apartment has newly updated finishes throughout, including refinished hardwood floors, fresh paint, and an updated bathroom. The property is situated on a cul-de-sac in a quiet neighborhood.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Britain
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7870306
    Latitude
    41.6555918

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    FAQs

    What type of property is this?
    Apartment building - Recently updated 2-bedroom apartment with optional third bedroom/office.
    Where is this apartment building located?
    The property is located at 114 Wallace St, Unit 3 New Britain, CT.
    What are key features of this property?
    This property features: - Freshly updated apartment with new finishes throughout.; - Flexible layout: **2 bedrooms plus option for a third bedroom/office/living space.**; - Refinished hardwood floors.
    (860) 416-2010
    Request Owner's contact information
    114 Wallace St, Unit 3 New Britain, CT 06051
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    New Britain, CT 06051
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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
    114 Wallace St, Unit 3 New Britain, CT 06051
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