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Property profile & analytics
OFF-MARKET
Investment properties
144 Washington St Middletown, CT 06457-6816
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0058107
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1875
Construction
FRAME
Total area
3,975 SF
Lot
0.14 ac (6,098 SF)
Zoning code
B-1
APN
MTWN M:22 L:0508
UPID
US15-0058107
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
-
Modern Formals Inc (Bike/Boat/Book/etc) Store Clothing & Fashion Store
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
168 Washington LLC · 3 yrs held
168 Washington LLC
since 2023
Last sale
$340,000
7 recorded transactions
Zoning & alternative use
B-1 · Middletown, 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
$8,877
Tax year 2023
Assessed value
$252,920
Assessed 2023
Previous assessed
$252,920
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$104,650
Assessed improvement
$148,270
Applied tax rate
250.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1875
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
3
Total area
3,975 SF
Lot
0.14 ac (6,098 SF)
Zoning code
B-1
APN
MTWN M:22 L:0508
UPID
US15-0058107
Jurisdiction
MIDDLETOWN
Zoning & alternative use
B-1 · Middletown, CT
Zoning B-1 · permitted uses
B-1 · Middletown, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1875
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
168 Washington LLC
Entity
Mailing address
144 WASHINGTON ST, MIDDLETOWN, CT 06457-6816
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2023
$340,000
168 Washington LLC
Modern1933 LLC
Warranty Deed
—
Dec 11, 2019
—
Modern 1933 LLC
Modern Realty Mgmt LLC
Quit Claim Deed
related
$140,000 · Ion Bank
Nov 6, 2017
—
Modern Realty Mgmt LLC
—
Deed
related
$125,000 · United Bank
Jan 26, 2012
$365,000
Modern Realty Mgmt LLC
Aviateam LLC
Warranty Deed
$346,750 · Aviateam LLC
Aug 25, 2011
—
Aviateam LLC
—
Deed Of Trust
related
$100,000 · Alexandra Sarkowsky
Jul 29, 2011
—
Aviateam LLC
—
Deed Of Trust
related
$265,000 · Alex Sarkowsky
Oct 28, 2010
$265,000
Aviateam LLC
Plaza One Realty Co
Warranty Deed
—
Jun 18, 2010
—
State Farm Bk
Zullo,nicholas M
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Jun 18, 2010
$1
Plaza 1 Realty Co
State Farm Bk
Grant Deed
related
—
Dec 18, 2007
—
Jrg Holdings LLC
—
Deed Of Trust
related
$19,721 · State Farm Bank
Dec 14, 2006
—
Jrg Holdings LLC
—
Deed Of Trust
related
$20,000 · State Farm Bank
Jul 31, 2006
$325,000
Jrg Holdings LLC
Charatan,mark K
Warranty Deed
$340,000 · State Farm Bank
Jul 31, 2006
—
Jrg Holdings LLC
—
Deed Of Trust
related
$25,000 · 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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