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    218 Foxon Rd East Haven, CT 06513-2034
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    Property profile & analytics

    218 Foxon Rd, East Haven, CT 06513-2034

    View on Map
    • Warehouses
    • 18,764 SF
    • 1.00 lot acres
    Off-Market
    Last Sale Sep 20, 2024
    $2,050,000
    Property ID
    US15-0128454
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,050,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dfg Electric Inc / Electrical Service / General Contractor
    • Brook & Whittle / Warehouse & Storage
    • MCM Development & Rental / Real Estate Agency

    Property Details for 218 Foxon Rd

    Year built
    2005
    Lot size
    1.00 lot acres
    Zone code
    R-3
    Property type
    Warehouses
    APN
    EHAV M:480 B:5937 L:004
    APU
    EHAVM480B5937L004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 20, 2024 $2,050,000 Mbm Foxon Re LLC Ecbct LLC Warranty Deed $1.6M · Salem Five Cents Savings Bank
    Jan 30, 2007 $1 Mark Anthony Dilungo Mcm Dev Grant Deed · related —
    Apr 12, 2006 — Mcm Dev LLC — Deed Of Trust · related $800k · Gary Needham
    Jun 27, 2003 $131,000 Danny Tomassini Emc Mtg Corp Warranty Deed $124k · Fleet National Bank
    Jan 10, 2003 — Emc Mtg Corp Dellacamera,mary One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds · related —
    May 10, 1999 $135,000 Mary Dellacamera Mautte,dorothy A Warranty Deed $101k · Direct Lenders Mortgage Co

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,050,000
      ML approach
      $2,050,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,496,000
      Market price range: $571k - $1.50M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $2,745,000
      COMMERCIAL (GENERAL)
      $2,115,000
      OFFICE BUILDING
      $2,025,000
      RETAIL STORES
      $1,995,000
      APARTMENT HOUSE (5+ UNITS)
      $1,965,000
      AUTO REPAIR, GARAGE
      $1,700,000
      INDUSTRIAL (GENERAL)
      $1,285,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    East Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8316
    Latitude
    41.3244
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $32,802
    $126,000
    $854,910
    $980,910
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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      WAREHOUSE, STORAGE
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      6,964 SF

      850 Foxon Rd

      WAREHOUSE, STORAGE
      850 Foxon Rd, East Haven, CT 06513-1872
      View Details
    • Value Estimation by Request
      50,000 SF

      315 Peck St

      Refrigerated & Cold Storage
      315 Peck St, New Haven, CT 06513
      View Details
    • Value Estimation by Request
      5,700 SF

      19 Michael St

      WAREHOUSE, STORAGE
      19 Michael St, East Haven, CT 06513-2615
      View Details
    • Value Estimation by Request
      4,200 SF

      110 Foxon Blvd

      WAREHOUSE, STORAGE
      110 Foxon Blvd, New Haven, CT 06513
      View Details
    • Value Estimation
      $2,960,000
      37,559 SF

      458 Grand Ave

      INDUSTRIAL (GENERAL)
      458 Grand Ave, New Haven, CT 06513-3856
      View Details

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    • Contact for pricing
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      Well-maintained industrial facility with potential for residential adaptive reuse.
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      32,643 SF

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      69,364 SF

      Industrial Building in New Haven

      Heavy industrial building with updated office space and parking.
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    Similar Nearby for Lease

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      15,723 SF

      Industrial Warehouse Space Available

      15,723 square foot warehouse space for lease.
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      Industrial Property Near New Haven Harbor

      Industrial property with 15,723 SF, accessible from I-91 and I-95.
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      Industrial Facility with Redevelopment Potential

      Well-maintained industrial facility with adaptive reuse potential for residential.
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      Erector Square Warehouse Space

      50,000 SF warehouse space available for rent.
      315 Peck St, New Haven, CT 06513
      View Details
    • $3,000 /Mo
      3,000 SF

      Office with Garage For Rent

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      View Details
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    218 Foxon Rd
    East Haven, CT 06513-2034
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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