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    Property profile & analytics

    118-122 Laurel Way Norfolk, CT 06058

    • Investment properties
    • 4,275 SF
    • 2.66 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US15-1014692
    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

    • Investment properties

    Property Details for 118-122 Laurel Way

    Year built
    1896
    Lot size
    2.66 lot acres
    Property size
    4,275 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NORF M:6-12 B:0036
    APU
    NORFM612B0036

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.1862
    Latitude
    41.9885
    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
    $12,757
    $51,310
    $409,390
    $460,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      8,736 SF

      2 Nn St

      OFFICE/RESIDENTIAL (MIXED USE) • 8,736 SF
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    • Value Estimation by Request
      6,364 SF

      Mtn Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 6,364 SF
      Mtn Rd, Norfolk, CT 06058
      View Details
    • Value Estimation
      $280,000
      912 SF

      7 Colebrook Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 912 SF
      7 Colebrook Rd, Norfolk, CT 06058-1332
      View Details
    • Value Estimation
      $350,000
      8,303 SF

      532 Greenwoods W Rd, Unit 540

      OFFICE/RESIDENTIAL (MIXED USE) • 8,303 SF
      532 Greenwoods W Rd, Norfolk, CT 06058-1242
      View Details
    • Value Estimation
      $405,000
      5,988 SF

      67-69 Litchfield Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 5,988 SF
      67-69 Litchfield Rd, Norfolk, CT 06058
      View Details
    • Value Estimation
      $260,000
      4,046 SF

      17 Emerson St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,046 SF
      17 Emerson St, Norfolk, CT 06058
      View Details

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    118-122 Laurel Way
    Norfolk, CT 06058
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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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