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Property profile & analytics
OFF-MARKET
Residential income homes
217-219 Main St East Hartford, CT 06118
Individually Owned
4-yr Hold
Property ID
US15-1300675
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1860
Construction
FRAME
Total area
3,106 SF
Lot
0.36 ac (15,682 SF)
Zoning code
R-3
APN
EHAR M:19 L:129
UPID
US15-1300675
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
Davron Faniel · 4 yrs held
Davron Faniel
since 2021
Last sale
$370,000
7 recorded transactions
Zoning & alternative use
R-3 · East Hartford, 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 Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Hartford 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,547
Tax year 2024
Assessed value
$239,700
Assessed 2024
Previous assessed
$239,700
+0.0% YoY
Effective rate
4.40%
On assessed value
Assessed land
$45,740
Assessed improvement
$193,960
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
1860
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
4
Rooms
14
Bathrooms
4
Total area
3,106 SF
Lot
0.36 ac (15,682 SF)
Zoning code
R-3
APN
EHAR M:19 L:129
UPID
US15-1300675
Jurisdiction
EAST HARTFORD
Zoning & alternative use
R-3 · East Hartford, CT
Zoning R-3 · permitted uses
R-3 · East Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Hartford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1860
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
4
Rooms
14
Bathrooms
4
Lot
0.36 ac
Current owner
From public records · entity-resolved
Davron Faniel
Individual
Mailing address
217 MAIN ST #219, EAST HARTFORD, CT 06118-3603
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2021
$370,000
Davron Faniel
Kinetic Enterprices LLC
Warranty Deed
$363,691 · Caliber Home Loans INC
Nov 8, 2006
$1
Kinetic Enterprises LLC
Concodello,michael
Grant Deed
related
—
Jul 3, 2006
$261,500
Michael Concodello
Oliver,brandon S
Warranty Deed
$248,425 · Pinnacle Direct Funding Corp
Feb 9, 2004
$179,900
Brandon S Oliver
Smr Ent 2 LLC
Warranty Deed
$177,100 · Mccue Mortgage Co
Apr 11, 2002
$158,500
Ron Aui
Tanosi,sebastian
Warranty Deed
$116,800 · Ameriquest Mortgage Corp
Apr 11, 2002
—
Ron Aui
—
Deed Of Trust
related
$21,900 · Ameriquest Mortgage Corp
Jun 15, 1990
$200,000
Thomas M Dodd
Tamasi,sebastian
Grant Deed
$104,000 · Savings Bank Of Manchester
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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