Back to Search
Property profile & analytics
OFF-MARKET
Residential income homes
20 Nordland Ave Cromwell, CT 06416-2359
Individually Owned
8-yr Hold
Property ID
US15-1253619
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1920
Construction
FRAME
Total area
3,578 SF
Lot
0.25 ac (10,890 SF)
Zoning code
R-15
APN
CROM M:00081600
UPID
US15-1253619
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David Booth · 8 yrs held
David Booth
since 2017
7 recorded transactions
Zoning & alternative use
R-15 · Cromwell, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Residential 15
General category
RESIDENTIAL
Zone area
1,296.74 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 Cromwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cromwell 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
$6,209
Tax year 2023
Assessed value
$211,120
Assessed 2023
Previous assessed
$211,120
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$65,800
Assessed improvement
$145,320
Applied tax rate
256.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1920
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
4
Rooms
16
Bathrooms
4
Total area
3,578 SF
Lot
0.25 ac (10,890 SF)
Zoning code
R-15
APN
CROM M:00081600
UPID
US15-1253619
Jurisdiction
CROMWELL
Zoning & alternative use
R-15 · Cromwell, CTZoning R-15 · permitted uses
R-15 · Cromwell, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Residential 15
General category
RESIDENTIAL
Zone area
1,296.74 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1920
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
4
Rooms
16
Bathrooms
4
Lot
0.25 ac
Current owner
From public records · entity-resolved
David Booth
Individual
Mailing address
249 SOUTHINGTON RD, BERLIN, CT 06037-3420
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2017
$212,500
David Booth
Nordlond Booth LLC
Warranty Deed
$201,875 · Nordlond Booth LLC
Apr 14, 2010
$1
Nordland Booth LLC
Booth,ronald R
Grant Deed
related
—
Apr 7, 2010
$194,000
Ronald R Booth
Res Funding Re Hold LLC
Warranty Deed
—
Jan 15, 2010
$1
Res Funding Re Holdin LLC
Bank Of America NA
Grant Deed
—
Jan 15, 2010
—
Us Bk
Fusco,danie
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Nov 16, 2006
—
Daniel Fusco
—
Deed Of Trust
related
$232,000 · Mortgage Lender Net
Aug 10, 2000
$170,500
Daniel Fusco
Nobile,thomas J
Warranty Deed
$150,000 · Chase Manhattan Mortgage Corp
Jul 31, 1995
$140,000
Thomas J Nobile
Caverly,amber
Warranty Deed
$112,000 · Mortgage Master INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20 Nordland Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.