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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Showrooms
16 Wadsworth St East Hartford, CT 06118-3612
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0231855
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1966
Construction
FRAME
Total area
4,196 SF
Lot
0.21 ac (9,148 SF)
Zoning code
R-5
APN
EHAR M:19 L:138
UPID
US15-0231855
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
$675k
CAP Approach
CAP
$825k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$675k
Owner & transaction history
Dg Equity Partners LLC · 1 yrs held
Dg Equity Partners LLC
since 2024
Last sale
$675,000
5 recorded transactions
Zoning & alternative use
R-5 · East Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The residential districts recognize existing development patterns in East Hartford and provide areas for residential use and development appropriate to the characteristics of each area
Zone name
Multifamily District 7600 Square Feet Minimum Lot Size
General category
RESIDENTIAL
Zone area
340.02 ac
Source
Realmo
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 East Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East 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
$675,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
$890,000
6.5%
$825,000
7%
$765,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$440,000
Current use
RETAIL STORES
$425,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $675k (Sep 20 2024)
Last sale anchor
$675k
Sep 20 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
$161 / 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
$10,584
Tax year 2024
Assessed value
$240,550
Assessed 2024
Previous assessed
$240,550
+0.0% YoY
Effective rate
4.40%
On assessed value
Assessed land
$59,220
Assessed improvement
$181,330
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1966
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
12
Rooms
12
Bathrooms
12
Total area
4,196 SF
Lot
0.21 ac (9,148 SF)
Zoning code
R-5
APN
EHAR M:19 L:138
UPID
US15-0231855
Jurisdiction
EAST HARTFORD
Zoning & alternative use
R-5 · East Hartford, CTZoning R-5 · permitted uses
R-5 · East Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The residential districts recognize existing development patterns in East Hartford and provide areas for residential use and development appropriate to the characteristics of each area
Zone name
Multifamily District 7600 Square Feet Minimum Lot Size
General category
RESIDENTIAL
Zone area
340.02 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$440,000
RETAIL STORES
Est. value
$425,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1966
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
12
Rooms
12
Bathrooms
12
Lot
0.21 ac
Current owner
From public records · entity-resolved
Dg Equity Partners LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1245 FARMINGTON AVE #1353, WEST HARTFORD, CT 06107-2667
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Sep 20, 2024
—
Dg Equity Partners LLC
Movement Properties LLC
Quit Claim Deed
related
—
Jul 31, 2019
$675,000
James D Giulietti
Webhart LLC
Warranty Deed
$470,000 · Nicholas P Jarem
Mar 10, 2015
—
Nicholas P Jarem
Jarem LLC
Quit Claim Deed
related
—
Mar 10, 2015
$515,000
Webhart LLC
Jarem Nicholas P
Warranty Deed
$465,000 · Nicholas P Jarem
Jul 9, 2007
$1
Jarem LLC
Jarem LLC
Grant Deed
related
—
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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