Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Renovated Apartment Near Lake Pocotopaug Title is generated by Realmo AI

    7 Main Street Unit 1, East Hampton, CT 06424

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Completely renovated apartment in the heart of East Hampton.

    Type:Multi-Family Rental
    Property size:
    1,000 SF
    Added:
    Feb 3, 2026
    Days on Market:
    115
    Last Refresh:
    Apr 20 at 10:45 pm

    Property Features for 7 Main Street Unit 1

    General Information

    Standard status
    Active
    Size
    1,000 SF
    Property subtype
    Multi-Family Rental

    Building Details

    Year Built
    1875

    We can help!

    Listing Contact
    Alex Colaiacovo

    Listing agent Alex Colaiacovo

    Listing office Agnelli Real Estate

    Listing date Feb 3, 2026

    Source Lockandkeyre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Agnelli Real Estate

    HighLights

    • Completely renovated 1st floor apartment.
    • Located in the heart of East Hampton, a quick walk away from Lake Pocotopaug.
    • Master bedroom with full bathroom.
    • Brand new eat‑in kitchen.
    • Private backyard perfect for pets.
    • Two full bathrooms.

    Overview

    This is a completely renovated first-floor apartment located in the heart of East Hampton, within walking distance of Lake Pocotopaug. The 1,000 square foot unit features a master bedroom with a full bathroom, a brand new eat-in kitchen, new flooring, and an additional full bathroom. A second bedroom is located off the kitchen. The apartment includes a private backyard suitable for pets.
    Location Intelligence

    Current Use by Public Records

    CT Framing and Drywall Hardware & Home Improvement

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    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

    • $1,200/Mo
      1,200 SF

      Versatile Office/Workshop Space Available

      Flexible 1,200 sq ft office/workshop space for rent.
      13 North MAIN Street, 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 Street #7, East Hampton, CT 06424
      View Details
    • $27 SF/Yr
      18,308 SF

      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
    • $25 SF/Yr

      Restaurant Space in Mixed-Use Development

      Ground-floor restaurant space with customizable layout and outdoor patio.
      136 East High Street, East Hampton, CT 06424
      View Details
    • $25 SF/Yr
      8,902 SF

      East Hampton Retail/Medical Space

      8,902 SF space suitable for retail or medical use.
      151 E High St, East Hampton, CT
      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
    • $5,000/Mo
      5,000 SF

      Spacious Standalone Building, Build-Out Ready

      5,000 sq ft building suitable for retail, office, medical.
      13 north Main Street, East Hampton, CT 06424
      View Details
    • $500/Mo
      700 SF

      Modern Office Space For Lease

      Bright, versatile 700 sq ft office space for lease.
      13 NORTH MAIN Street, East Hampton, CT 06424
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in East Hampton, CT.
      11 Edgewater Circle, East Hampton, CT 06424
      View Details
    • $999/Mo
      750 SF

      Small Office Space Available

      750 sqft office space for rent, flexible terms.
      205 East High Street #3, East Hampton, CT 06424
      View Details
    • $1,200/Mo
      800 SF

      East Hampton Office Space Available

      Office space in the heart of East Hampton for rent.
      10 Summit Street #8, East Hampton, CT 06424
      View Details
    • Contact for pricing
      2,500 SF

      Dominant Shopping Center Retail Space

      Retail space available in East Hampton Plaza shopping center.
      9 E High St, East Hampton, CT
      View Details

    FAQs

    What type of property is this?
    Residential income property - Completely renovated apartment in the heart of East Hampton.
    Where is this residential income property located?
    The property is located at 7 Main Street 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 away from Lake Pocotopaug.; **Master bedroom with full bathroom.**
    (860) 878-8559
    We can help!
    Listing Contact
    Alex Colaiacovo
    Learn More
    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
    7 Main Street Unit 1, East Hampton, CT 06424
    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!