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Property profile & analytics
OFF-MARKET
Residential income homes
1278 Mt Vernon Rd Southington, CT 06489-2117
Individually Owned
13-yr Hold
Free & Clear
Property ID
US15-0395847
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1986
Total area
1,496 SF
Lot
2.72 ac (118,483 SF)
Zoning code
R-80
APN
SOUT M:106 L:021
UPID
US15-0395847
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
-
Continuum of Care Inc. Social Service Agency Charitable Organization
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
Southington Town Of · 13 yrs held
Southington Town Of
since 2012
7 recorded transactions
Zoning & alternative use
R-80 · Southington, 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 Southington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southington 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
$9,368
Tax year 2023
Assessed value
$308,550
Assessed 2023
Previous assessed
$308,550
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$112,880
Assessed improvement
$195,670
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1986
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
8
Bathrooms
2
Total area
1,496 SF
Lot
2.72 ac (118,483 SF)
Zoning code
R-80
APN
SOUT M:106 L:021
UPID
US15-0395847
Jurisdiction
SOUTHINGTON
Zoning & alternative use
R-80 · Southington, CT
Zoning R-80 · permitted uses
R-80 · Southington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
8
Bathrooms
2
Lot
2.72 ac
Current owner
From public records · entity-resolved
Southington Town Of
Individual
Free & Clear · 13 yrs held
Mailing address
109 LEGION AVE, NEW HAVEN, CT 06519-5506
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2012
$1
Southington Town Of
Connecticut State Of
Grant Deed
related
—
Dec 21, 2011
$4,400
Connecticut State Of
Continuum Of Care INC
Warranty Deed
—
May 13, 2005
$350,000
Continuum Of Care INC
Kritz,john
Warranty Deed
$388,050 · Connecticut State
Feb 7, 2002
—
John W Kritz
—
Deed Of Trust
related
$89,000 · Wells Fargo Mortgage
Aug 29, 2000
$262,500
John Kritz
Papallo,david J JR
Warranty Deed
$70,000 · Wells Fargo Mortgage
Feb 14, 1992
$150,000
David Papallo
Southington Sb
Warranty Deed
$115,000 · Southington Savings Bank
Jul 1, 1987
—
Collin Roger JR.
—
Deed Of Trust
related
$35,000 · Southington Savings Bank
Mar 11, 1987
—
Collin Roger JR.
—
Deed Of Trust
related
$140,000 · Southington Savings 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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