176 Pearl St Middletown, CT 06457-2771
1. New lots in the RPZ zone, along existing City streets and new streets, may be approved, by special exception, to have substantially similar frontage and areas as other lots within the RPZ zone provided all new lots are serviced by both City water and sanitary sewer. No new lot shall have a frontage of less than 50 ft. nor an area of less than 5,000 sq. ft…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
RPZ · Middletown, CT1. New lots in the RPZ zone, along existing City streets and new streets, may be approved, by special exception, to have substantially similar frontage and areas as other lots within the RPZ zone provided all new lots are serviced by both City water and sanitary sewer. No new lot shall have a frontage of less than 50 ft. nor an area of less than 5,000 sq. ft. Side yards shall not be less than 10% of the street frontage with a minimum side yard of five feet, except that one side yard shall not be less than 10 ft. The use of lots created using this section shall be limited to single- family residential. 2. The Commission may approve a two-family dwelling on a lot of record as a Special Exception. (See §5.6.8.29 Two-Family or Single- Family Dwellings on Lots of Record in an RPZ Zone) 2. Water and Sewer Requirements. When in accordance with the Plan of Conservation and Development all new subdivisions of lots shall be served by city water and sewer unless specifically excluded herein after. 3. Off-Street Parking. Off-street parking spaces and related provisions shall be in accordance with §4.19 Off-Street Parking and Off-Street Loading.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.