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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Hotels
116 Newtown Rd Danbury, CT 06810-4123
Entity Owned
18-yr Hold
Free & Clear
Property ID
US15-0874728
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
112,375 SF
Lot
3.52 ac (153,331 SF)
Zoning code
CG20
APN
DANB M:M10 L:65
UPID
US15-0874728
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
-
La Quinta Inn & Suites by Wyndham Danbury Hotel & Motel
-
Mojo Pizza Restaurant
-
Gallo Restaurant
-
Gallo Family Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.13M
Owner & transaction history
Dp 39 LLC · 18 yrs held
Dp 39 LLC
since 2008
5 recorded transactions
Zoning & alternative use
CG20 · Danbury, 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 Danbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danbury 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
$1,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±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
$10 / 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
$101,456
Tax year 2023
Assessed value
$4,348,750
Assessed 2023
Previous assessed
$4,304,900
+1.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$1,052,380
Assessed improvement
$3,296,370
Applied tax rate
102.0000
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
5
Units
182
Total area
112,375 SF
Lot
3.52 ac (153,331 SF)
Zoning code
CG20
APN
DANB M:M10 L:65
UPID
US15-0874728
Jurisdiction
DANBURY
Zoning & alternative use
CG20 · Danbury, CT
Zoning CG20 · permitted uses
CG20 · Danbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
5
Buildings
1
Units
182
Lot
3.52 ac
Current owner
From public records · entity-resolved
Dp 39 LLC
Entity
Free & Clear · 18 yrs held
Mailing address
333 N BEDFORD RD STE #145, MOUNT KISCO, NY 10549-1160
Ownership since
2008
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
Feb 21, 2008
$73,150
Dp 39 LLC
Bre Prime Holdings
Grant Deed
—
Jan 24, 1996
—
Prime Hospitallity
—
Deed Of Trust
related
$120,000,000 · Norwest Bank
Apr 11, 1995
$16,362,000
Prime Hospitality Corp
Danbury Inn Assoc LP
Grant Deed
—
Feb 9, 1988
$2,240,000
Danbury Inn Assoc Ltd
Emerald Bldrs INC
Grant Deed
—
Dec 17, 1987
$10,984,000
Intercontinental
Prime Motor Inns
Grant Deed
$9,100,000 · Zenon Grzybowski
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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