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    Property profile & analytics

    116 Housatonic Ave New Milford, CT 06776-2744

    • Showrooms
    • 3,360 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Last Sale
    Nov 02, 2022
    $415,000
    Location Intelligence
    Property ID
    US15-1006663
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Litchfield County Pools / Swimming Pool Contractor / Swimming Pool Repair Service
    • Blake Equipment / Water Pump Supplier

    Property Details for 116 Housatonic Ave

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.62 lot acres
    Property size
    3,360 SF
    Zone code
    B2
    Property type
    Showrooms
    APN
    NMIL M:35-3 L:25
    APU
    NMILM353L25

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $430,000
      6.5%
      $430,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $495,000
      Geo Method
      $510,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $500,000
      Retail
      $435,000
      Mixed-Use
      $395,000
      Hospitality
      $395,000
      Educational
      $425,000
      Residential Income
      $405,000
      Energy
      $385,000
      Income-Based Land
      $425,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    New Milford
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.422
    Latitude
    41.5836
    CBSA code
    45860
    CBSA name
    TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,840
    $72,290
    $94,710
    $167,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,318 SF

      15 Housatonic Ave

      SHOW ROOM, WAREHOUSE • 3,318 SF
      15 Housatonic Ave, New Milford, CT 06776-2711
      View Details
    • Value Estimation
      $280,000
      1,218 SF

      255 Danbury Rd

      SHOW ROOM, WAREHOUSE • 1,218 SF
      255 Danbury Rd, New Milford, CT 06776-4312
      View Details
    • Value Estimation
      $850,000
      13,542 SF

      469 Litchfield Rd

      SHOW ROOM, WAREHOUSE • 13,542 SF
      469 Litchfield Rd, New Milford, CT 06776-2068
      View Details
    • Value Estimation
      $340,000
      2,184 SF

      52 Merryall Rd

      SHOW ROOM, WAREHOUSE • 2,184 SF
      52 Merryall Rd, New Milford, CT 06776-5323
      View Details
    • Value Estimation
      $815,000
      13,708 SF

      15 Old Park Ln Rd

      SHOW ROOM, WAREHOUSE • 13,708 SF
      15 Old Park Ln Rd, New Milford, CT 06776-2530
      View Details
    • Value Estimation
      $435,000
      10,500 SF

      78 Park Ln Rd

      SHOW ROOM, WAREHOUSE • 10,500 SF
      78 Park Ln Rd, New Milford, CT 06776-2325
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • Contact for pricing
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      Retail space for lease in Litchfield County shopping center.
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      View Details
    • $20 SF/Yr
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      Highly visible, renovated retail space in New Milford, Connecticut.
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    • Contact for pricing
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      Retail and Office Space Available

      Retail and office spaces with high traffic and ample parking.
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    • $2,650 /Mo

      Retail Space Available For Rent

      Retail space available for lease in New Milford, Connecticut.
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      View Details
    • $17 SF/Yr
      5,750 SF

      New Milford Retail Spaces for Lease

      Prime Route 7 Retail Opportunity
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      View Details
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    New Milford, CT 06776-2744
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    Realmo Value Estimation

    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.

    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.

    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
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