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Financial
Distress signals
Property profile

121 Lounsbury St Waterbury, CT 06706

FOR SALE
Other investment properties
Property ID
US15-1280723
6,836 SF 0.13 ac lot Built 1905
Last sale Feb 2022 · $329,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This apartment unit in Waterbury, Connecticut is located within a multifamily building and features recent interior updates including freshly painted walls, redone hardwood floors, and a remodeled bathroom with a new shower, toilet, and sink. The surrounding area is characterized as walkable (walk score reported as 70) with somewhat bikeable accessibility and transit access reported with a transit score of 40. Parking is not guaranteed; a parking space may be available but availability is subject to confirmation.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$213k
Assessed land$21k
Assessed improvement$192k
Effective rate5.42%

Value estimate

· Oct 2026
$230k
$207k – $253k
AI approach$325k
NOI build-up
Gross scheduled income$135k
Vacancy & credit loss−$9k
Operating expenses−$57k
NOI · 9.25% cap applied$69k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$70/SF
Submarket average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$34 – $112
Qualifying comparables13

Cap rate analysis

How does the asset earn?
9.25%
$69k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RM
The intent of this zone is to promote moderate density residential district uses
General categoryRESIDENTIAL
JurisdictionWATERBURY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.8
Laundry Service10.5
Cafe & Coffee Shop9.5

Location

121 Lounsbury St Waterbury, CT 06706
County assessor Recorded deeds · 3 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
645 Main, Waterbury, CT 06706-1431 $360,000 Jun 2024 4,395 SF
709 Main, Waterbury, CT 06706-1432 $800,000 Mar 2023 5,400 SF
258 Ml, Waterbury, CT 06706-1239 $4,532,778 Jul 2022 10,848 SF
1472 Baldwin, Waterbury, CT 06706-2004 $350,000 Mar 2022 6,034 SF
27 Clay, Waterbury, CT 06706-1026 $28,400 Apr 2021 11,116 SF
881 Baldwin, Waterbury, CT 06706-1512 $320,000 Apr 2021 4,890 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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