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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Hotels
1114 Putnam Ave Riverside, CT 06878-1306
Entity Owned
12-yr Hold
Free & Clear
Property ID
US15-0376368
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1963
Construction
STEEL FRAME
Total area
57,048 SF
Lot
2.23 ac (97,139 SF)
Zoning code
LB
APN
GREE M:05 B:1754/S
UPID
US15-0376368
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
-
Tony's at the J House Restaurant
-
Round Hill Club Bar & Pub Golf Course
-
Brenwood Hospitality Hotel & Motel
-
The J House Greenwich Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$1.44M
Owner & transaction history
1114 Jh LLC · 12 yrs held
1114 Jh LLC
since 2013
5 recorded transactions
Zoning & alternative use
LB · Riverside, 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 Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,130,000
Current use
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$25 / SF
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
$185,693
Tax year 2023
Assessed value
$15,958,530
Assessed 2023
Previous assessed
$15,958,530
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$5,415,340
Assessed improvement
$10,543,190
Applied tax rate
124.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1963
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Rooms
87
Total area
57,048 SF
Lot
2.23 ac (97,139 SF)
Zoning code
LB
APN
GREE M:05 B:1754/S
UPID
US15-0376368
Jurisdiction
GREENWICH
Zoning & alternative use
LB · Riverside, CT
Zoning LB · permitted uses
LB · Riverside, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.1M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Rooms
87
Lot
2.23 ac
Current owner
From public records · entity-resolved
1114 Jh LLC
Entity
Free & Clear · 12 yrs held
Mailing address
2 DEARFIELD DR STE #350, GREENWICH, CT 06831-5300
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2024
—
1114 Jh LLC
—
Deed
related
$25,000,000 · The Bank Of New York Mellon
Oct 17, 2013
—
1114 Jh LLC
Holly Hill LLC
Quit Claim Deed
related
—
Jan 23, 2007
—
Holly Hill LLC
—
Deed Of Trust
related
$15,750,000 · Citizens Bank Of Ct
Dec 7, 2006
$14,250,000
Holly Hill LLC
Paradigm 140 Gree Ave LLC
Warranty Deed
—
Aug 17, 2005
$8,000,000
Paradigm 140 Gree Ave LLC
Gree New Englander Assoc
Warranty Deed
$5,000,000 · Hudson United Bank
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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