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Property profile & analytics
OFF-MARKET
Turn key restaurants
1038 Dixwell Ave Hamden, CT 06514-4911
Individually Owned
25-yr Hold
~
Est. High Equity
Property ID
US15-0898877
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1972
Construction
FRAME
Total area
2,940 SF
Lot
0.54 ac (23,522 SF)
Zoning code
T4
APN
HAMD M:2125 B:063 L:00-0000
UPID
US15-0898877
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Three Brothers Diner Restaurant
-
24 Hours Catering Take-out & Catering Catering Service
-
Eastern ATM Inc Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mostafa Kangal · 25 yrs held
Mostafa Kangal
since 2000
7 recorded transactions
Zoning & alternative use
T4 · Hamden, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hamden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hamden submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$23,032
Tax year 2023
Assessed value
$408,520
Assessed 2023
Previous assessed
$408,520
+0.0% YoY
Effective rate
5.64%
On assessed value
Assessed land
$199,430
Assessed improvement
$209,090
Applied tax rate
327.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1972
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
2,940 SF
Lot
0.54 ac (23,522 SF)
Zoning code
T4
APN
HAMD M:2125 B:063 L:00-0000
UPID
US15-0898877
Jurisdiction
HAMDEN
Zoning & alternative use
T4 · Hamden, CT
Zoning T4 · permitted uses
T4 · Hamden, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hamden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Mostafa Kangal
Individual
Mailing address
1038 DIXWELL AVE, HAMDEN, CT 06514-4911
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2024
—
1038 Dixwell Avenue LLC
—
Deed
related
$700,000 · S &t Deleading And Co
Oct 9, 2018
—
1038 Dixwell Ave LLC
—
Deed
related
$150,000 · Miscellaneous Govt Agcy
Oct 11, 2006
—
Dixwell Ave 1038
—
Deed Of Trust
related
$60,000 · Newalliance Bank
May 13, 2003
—
1038 Dixwell Diner LLC
—
Deed Of Trust
related
$300,000 · New Haven Savings Bank
Sep 5, 2000
$350,000
Mostafa Kangal
Cadlerock Prop LLC
Warranty Deed
$260,000 · Zenon Grzybowski
Jan 7, 1999
$193,000
Cadlerock Jv LP
Colonial Diner
Grant Deed
—
Jan 29, 1990
—
Colonial Diner INC
—
Deed Of Trust
related
$255,000 · Zwi Kohorn
—
—
1038 Dixwell Ave LLC
—
Deed Of Trust
related
$150,000 · Miscellaneous Govt Agcy
—
—
1038 Dixwell Ave LLC
—
Deed Of Trust
related
$84,000 · Economic Dev
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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