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    Property profile & analytics

    224 Echo Lk Rd Watertown, CT 06795-2621

    • Retail space
    • 1,974 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    May 07, 2025
    $350,000
    Location Intelligence
    Property ID
    US15-0551569
    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.

    Current Use by Public Records

    • Stella’s Nail Studio / Nail Salon
    • Dre’sbarbershop / Barber Shop

    Property Details for 224 Echo Lk Rd

    Year built
    1955
    Construction
    FRAME
    Lot size
    0.28 lot acres
    Property size
    1,974 SF
    Zone code
    BG
    Property type
    Retail space
    APN
    WTWN M:110 B:81 L:1
    APU
    WTWNM110B81L1

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.1089
    Latitude
    41.6042
    CBSA code
    45860
    CBSA name
    TORRINGTON, CT MICROPOLITAN 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
    2023
    $4,287
    $63,400
    $52,900
    $116,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,112 SF

      1333 Main St

      RETAIL STORES (PERSONAL SERVICES) • 7,112 SF
      1333 Main St, Watertown, CT 06795-3109
      View Details
    • Value Estimation
      $405,000
      5,518 SF

      55 Deforest St

      RETAIL STORES (PERSONAL SERVICES) • 5,518 SF
      55 Deforest St, Watertown, CT 06795-2126
      View Details
    • Value Estimation
      $215,000
      2,400 SF

      1445 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      1445 Main St, Watertown, CT 06795-3109
      View Details
    • Value Estimation
      $250,000
      1,050 SF

      714 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,050 SF
      714 Main St, Watertown, CT 06795
      View Details
    • Value Estimation
      $250,000
      3,001 SF

      413 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,001 SF
      413 Main St, Watertown, CT 06795
      View Details
    • Value Estimation
      $350,000
      1,509 SF

      1109 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,509 SF
      1109 Main St, Watertown, CT 06795-2917
      View Details

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    224 Echo Lk Rd
    Watertown, CT 06795-2621
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    Realmo Value Estimation

    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.

    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.

    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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