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Property profile & analytics
OFF-MARKET
Investment properties
161 Riv St Deep River, CT 06417-1955
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0899455
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1870
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,186 SF
Lot
1.92 ac (83,635 SF)
Zoning code
HDD
APN
DEEP M:62 L:28
UPID
US15-0899455
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
-
The Lace Factory Hotel & Motel Resort
-
Essex Train Route Museum
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
161 River LLC · 1 yrs held
161 River LLC
since 2025
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
HDD · Deep River, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
dards,specialfloodhazardarearegulations,andrelateddefinitions(Sections7A.2,7A.5.2(2)b.2(d),5.9,7C.6.3,5.7.6,5.7.5.1);21. November1994:AddedAnimalHospitalsasause(Section3.6.2.8,3.7.2.10,3.5.2.9,3.4.2.10);22. November1996:HDD(topermitlightmanufacturingetc)(Section3.3.2.12);23. January1997:“BuildingRectangle”addedtolotrequirements(Sections4.2-4.4);24. February…
Zone name
Harbor District
General category
UNKNOWN
Zone area
57.66 ac
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 Deep River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Deep River 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
$14,307
Tax year 2023
Assessed value
$478,800
Assessed 2023
Previous assessed
$478,800
+0.0% YoY
Effective rate
2.99%
On assessed value
Assessed land
$152,530
Assessed improvement
$326,270
Applied tax rate
258.0000
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
1870
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
5
Total area
13,186 SF
Lot
1.92 ac (83,635 SF)
Zoning code
HDD
APN
DEEP M:62 L:28
UPID
US15-0899455
Jurisdiction
DEEP RIVER
Zoning & alternative use
HDD · Deep River, CTZoning HDD · permitted uses
HDD · Deep River, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
dards,specialfloodhazardarearegulations,andrelateddefinitions(Sections7A.2,7A.5.2(2)b.2(d),5.9,7C.6.3,5.7.6,5.7.5.1);21. November1994:AddedAnimalHospitalsasause(Section3.6.2.8,3.7.2.10,3.5.2.9,3.4.2.10);22. November1996:HDD(topermitlightmanufacturingetc)(Section3.3.2.12);23. January1997:“BuildingRectangle”addedtolotrequirements(Sections4.2-4.4);24. February 1997: Revisions to Planned Conservation Development (PCD) (Sections 5.10.5, 5.10.6,
Zone name
Harbor District
General category
UNKNOWN
Zone area
57.66 ac
Building & site characteristics
From public records
Year built
1870
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
5
Lot
1.92 ac
Current owner
From public records · entity-resolved
161 River LLC
Entity
Mailing address
256 BOSTON POST RD, OLD SAYBROOK, CT 06475-1549
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2025
$1,500,000
161 River LLC
Lace Factory LLC
Warranty Deed
$975,000 · Lace Factory LLC
May 13, 2004
—
Lace Factory LLC
—
Deed Of Trust
related
$325,000 · Essex Savings Bank
Nov 13, 1997
—
Tyko LLC
—
Deed Of Trust
related
$540,000 · Nationsbank
Jul 11, 1996
$200,000
Tyko LLC
Deep River Lace INC
Warranty Deed
$150,000 · 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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