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Property profile & analytics
OFF-MARKET
Showrooms
2 Norwich Rd East Haddam, CT 06423-1342
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0211216
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1850
Construction
FRAME
Total area
1,995 SF
Lot
0.26 ac (11,326 SF)
Zoning code
EHVD
APN
EHDM M:M17 L:L085
UPID
US15-0211216
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
-
Sweet & Savory Bakery Specialty Food Shop
-
Jefferson Mortgage Services Loan Service Bank
-
Bibliolatree Books (Bike/Boat/Book/etc) Store
-
College Financial Aid Counseling Financial Advisor
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
Damon Fernandez · 3 yrs held
Damon Fernandez
since 2023
Last sale
$475,000
4 recorded transactions
Zoning & alternative use
EHVD · East Haddam, 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 East Haddam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Haddam 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
$4,916
Tax year 2023
Assessed value
$190,910
Assessed 2023
Previous assessed
$190,910
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$75,480
Assessed improvement
$115,430
Applied tax rate
264.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1850
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Rooms
6
Bathrooms
1
Total area
1,995 SF
Lot
0.26 ac (11,326 SF)
Zoning code
EHVD
APN
EHDM M:M17 L:L085
UPID
US15-0211216
Jurisdiction
EAST HADDAM
Zoning & alternative use
EHVD · East Haddam, CT
Zoning EHVD · permitted uses
EHVD · East Haddam, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Haddam. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1850
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Rooms
6
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Damon Fernandez
Individual
Mailing address
2 NORWICH RD, EAST HADDAM, CT 06423-1342
Ownership since
2023
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
Mar 31, 2023
$475,000
Damon Fernandez
2 Norwich Road LLC
Warranty Deed
$434,981 · Plaza Home Mortgage INC
Oct 3, 2016
$260,000
2 Norwich Road LLC
JR Johnson LLC
Warranty Deed
$196,000 · Liberty Federal Bank
Apr 30, 2008
$356,000
J R Johnson LLC
Van Horn Properties LLC
Warranty Deed
$200,000 · Liberty Bank
Dec 18, 1997
—
Properties Van Horn
—
Deed Of Trust
related
$115,000 · Moodus Savings Bank
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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