Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7 Main St, Unit 1 East Hampton, CT 06424

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Completely renovated apartment in East Hampton, near Lake Pocotopaug.

    Lot size:
    1.17 Acres

    Property Features for 7 Main St

    General Information

    Standard status
    Active
    Lot size
    1.17 Acres
    Interior features
    Fireplace, Fuel: Natural Gas, Heating: Hot Water, Oven/Range, Microwave, Refrigerator, Dishwasher, Washer, Dryer

    Building Details

    Year built
    1875

    We can help!

    Listing Contact
    (860) 878-8559
    Source: Kw

    Listing Agency: Agnelli Real Estate Listing Agent: (860) 878-8559

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

    Learn more

    Overview

    Renovated Apartment Near Lake Pocotopaug

    This is a completely renovated first-floor apartment located in the heart of East Hampton, within walking distance of Lake Pocotopaug. The apartment features a master bedroom with a full bathroom, a brand-new eat-in kitchen, and new flooring throughout. There is an additional full bathroom and a second bedroom located off the kitchen. The property includes a private backyard, suitable for pets.
    Location Intelligence

    Current Use by Public Records

    CT Framing and Drywall Hardware & Home Improvement

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    East Hampton
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.497176
    Latitude
    41.5661067

    Nearby Similar for Lease

    • $8,000 /Mo

      Prime Retail Space in Marlborough

      New retail space with high visibility and strong consumer demand.
      4 East Hampton Rd, Marlborough, CT 06447
      View Details
    • $1,600 /Mo

      Versatile Commercial Unit in Downtown

      Adaptable commercial space in East Hampton's heart, suitable for various uses.
      10 Summit St, East Hampton, CT 06424
      View Details
    • $24 SF/Yr
      1,461 SF

      Retail Space For Lease

      Retail building with ample parking and high traffic volume.
      1 S Main St, Marlborough, CT 06424
      View Details
    • $8,000 /Mo

      Marlborough Office Space For Rent

      Office space available for lease in Marlborough, Connecticut.
      4 East Hampton Rd, Marlborough, CT 06447
      View Details
    • $25 SF/Yr

      Restaurant Space in Mixed-Use Development

      Ground-floor restaurant space with customizable layout and outdoor patio.
      136 East High St, East Hampton, CT 06424
      View Details
    • $27 SF/Yr

      Retail and Medical Spaces

      Retail and medical spaces in the heart of East Hampton.
      42 E High St, East Hampton, CT 06424
      View Details
    • $1,600 /Mo
      900 SF

      Versatile Commercial Unit in Downtown

      Adaptable commercial space in East Hampton's heart, suitable for various uses.
      10 Summit St, East Hampton, CT 06424
      View Details
    • $1,250 /Mo
      9,652 SF

      First Floor Office Unit

      Well-maintained 666 sq. ft. office in Town Center.
      9 South Main St, Marlborough, CT 06447
      View Details
    • $25 SF/Yr

      Restaurant Space in Mixed-Use Property

      Ground-floor restaurant space with customizable layout and outdoor patio.
      136 East High St, East Hampton, CT 06424
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in East Hampton, CT.
      11 Edgewater Cir, East Hampton, CT 06424
      View Details
    • $27 SF/Yr

      Turnkey Medical/Retail Space Available

      Move-in ready medical office and retail space in East Hampton.
      42 E High St, East Hampton, CT 06424
      View Details
    • $8,000 /Mo
      1,695 SF

      Prime Retail Space on Route 66

      High-visibility retail space near Route 66 and new apartments.
      4 East Hampton Rd, Marlborough, CT 06447
      View Details

    FAQs

    What type of property is this?
    Specialty property - Completely renovated apartment in East Hampton, near Lake Pocotopaug.
    Where is this specialty property located?
    The property is located at 7 Main St, Unit 1 East Hampton, CT.
    What are key features of this property?
    This property features: - Completely renovated 1st floor apartment.; - Located in the heart of East Hampton, a quick walk from Lake Pocotopaug.; - Master bedroom with full bathroom.
    (860) 633-4000
    Request Owner's contact information
    7 Main St, Unit 1 East Hampton, CT 06424
    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.
    7 Main St, Unit 1
    East Hampton, CT 06424
    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
    7 Main St, Unit 1 East Hampton, CT 06424
    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

    We can help!
    Listing Contact
    (860) 878-8559
    (860) 633-4000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!