Property profile

1981 Rte 12 Gales Ferry, CT 06335

OFF-MARKET
Residential income homes
Property ID
US15-0949113
5.16 ac lot
Entity Owned 17-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Lot 5.16 ac (224,791 SF)
Zoning code R40
APN LEDY M:24 B:2120 L:1981
UPID US15-0949113

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1981 Rte 12 Gales Ferry, CT 06335-1039
Gales Ferry metro Census 701200 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2008
5 recorded transactions
2008
$1
1992
Price N/A
1990
Price N/A
1989
$55,000
1988
Price N/A

Zoning & alternative use

R40 · Gales Ferry, CT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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