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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Investment properties
14-16 Hillside Ave, Hartford, CT 06106
Entity Owned
2-yr Hold
Property ID
US15-1316634
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Construction
FRAME
Total area
6,692 SF
Lot
0.16 ac (6,782 SF)
Zoning code
NX-2
APN
HTFD M:183 B:515 L:061
UPID
US15-1316634
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$635k
Blend (final)
Blend
$950k
Owner & transaction history
Rfw Holdings LLC · 2 yrs held
Rfw Holdings LLC
since 2024
Last sale
$950,000
5 recorded transactions
Zoning & alternative use
NX-2 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+152.2%
Retail stores
$675,000
+49.0%
Apartment house (5+ units)
$665,000
+46.1%
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 Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hartford 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
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
$1,420,000
6.5%
$1,315,000
7%
$1,220,000
Alternative Use
Use
Estimation
RESTAURANT
$1,145,000
Change: +152% · Conversion: Difficult
RETAIL STORES
$675,000
Change: +49% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$665,000
Change: +46% · Conversion: Moderate
AUTO REPAIR, GARAGE
$600,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Apr 19 2024)
Last sale anchor
$950k
Apr 19 2024
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
$142 / 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
$25,967
Tax year 2023
Assessed value
$376,600
Assessed 2023
Previous assessed
$376,600
+0.0% YoY
Effective rate
6.90%
On assessed value
Assessed land
$23,730
Assessed improvement
$352,870
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
6
Rooms
24
Total area
6,692 SF
Lot
0.16 ac (6,782 SF)
Zoning code
NX-2
APN
HTFD M:183 B:515 L:061
UPID
US15-1316634
Jurisdiction
HARTFORD
Zoning & alternative use
NX-2 · Hartford, CT
Zoning NX-2 · permitted uses
NX-2 · Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hartford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$675,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$665,000
AUTO REPAIR, GARAGE
Est. value
$600,000
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1930
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
6
Rooms
24
Lot
0.16 ac
Current owner
From public records · entity-resolved
Rfw Holdings LLC
Entity
Mailing address
978 RTE 45TH AVE STE #109, POMONA, NY 10970-3512
Ownership since
2024
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
Apr 19, 2024
$950,000
Rfw Holdings LLC
14 Hillside Ave LLC
Warranty Deed
$2,730,000 · Arion Fund LLC
Jun 7, 2021
—
14 Hillside Ave LLC
14 Hillside House LLC
Warranty Deed
—
Jan 21, 2020
$465,000
14 Hillside Hse LLC
14 Hillside LLC
Warranty Deed
$330,000 · Ice Lender Hldgs LLC
Nov 22, 2017
$280,000
14 Hillside LLC
14 Hillside Props LLC
Warranty Deed
$200,000 · Webster Bank
Dec 18, 2014
$150,000
14 Hillside Props LLC
Fernanda Magalhaes
Warranty Deed
$116,250 · Td Bank NA
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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