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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Turn key restaurants
145 Newfield Ave Hartford, CT 06106-3632
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0598490
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1939
Construction
FRAME
Total area
12,339 SF
Lot
0.47 ac (20,550 SF)
Zoning code
CX-2
APN
HTFD M:118 B:585 L:004
UPID
US15-0598490
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
-
El Sarape II Mexican Restaurant Restaurant
-
Dreams Nightclub Nightclub DJ & Entertainment
-
Lo' Maximo Saturdays Hotel & Motel Resort
-
Pool Table Service CT (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$900k
Owner & transaction history
145 Newfield Ltd Liabilit · 1 yrs held
145 Newfield Ltd Liabilit
since 2024
Last sale
$900,000
5 recorded transactions
Zoning & alternative use
CX-2 · Hartford, 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 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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Jul 31 2024)
Last sale anchor
$900k
Jul 31 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
$73 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$20,218
Tax year 2024
Assessed value
$293,230
Assessed 2024
Previous assessed
$293,230
+0.0% YoY
Effective rate
6.89%
On assessed value
Assessed land
$40,320
Assessed improvement
$252,910
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1939
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
12,339 SF
Lot
0.47 ac (20,550 SF)
Zoning code
CX-2
APN
HTFD M:118 B:585 L:004
UPID
US15-0598490
Jurisdiction
HARTFORD
Zoning & alternative use
CX-2 · Hartford, CT
Zoning CX-2 · permitted uses
CX-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.
Building & site characteristics
From public records
Year built
1939
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
145 Newfield Ltd Liabilit
Individual
Mailing address
145 NEWFIELD AVE #1010, HARTFORD, CT 06106-3632
Mailing matches property
Yes
Owner-occupied
Yes
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
Jul 31, 2024
$900,000
145 Newfield Ltd Liabilit
133-145 Newfield Ave LLC
Warranty Deed
$450,000 · 133-145 Newfield Ave
Jul 29, 2024
$900,000
145 Newfield LLC
133-145 Newfield Ave LLC
Warranty Deed
$450,000 · 133-145 Newfield Ave
Apr 10, 2014
—
133-145 Newfield Ave LLC
Costa Associates LLC
Quit Claim Deed
related
—
Apr 2, 2014
—
133-145 Newfield Ave LLC
Costa Associates LLC
Quit Claim Deed
related
—
Jan 24, 2002
$285,000
Costa Associates LLC
Lana Social Club
Warranty Deed
—
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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