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    Property profile & analytics

    24 Central Ave Waterbury, CT 06702-1201

    • Residential income homes
    • 10,800 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $1,365,000
    Last Sale
    Jul 17, 2023
    $1,225,000
    Location Intelligence
    Property ID
    US15-0996929
    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

    • Connecticut Renaissance Inc. / Halfway House / Non-Profit Organization

    Property Details for 24 Central Ave

    Year built
    1930
    Lot size
    0.13 lot acres
    Property size
    10,800 SF
    Zone code
    CBD
    Property type
    Residential income homes
    Property subtype
    Serviced apartments
    APN
    WBRY M:0274 B:0004 L:0002
    APU
    WBRYM0274B0004L0002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,560,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,225,000
      6.5%
      $1,165,000
      7%
      $1,170,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,110,000
      Geo Method
      $1,095,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,205,000
      Retail
      $1,095,000
      Mixed-Use
      $1,310,000
      Hospitality
      $1,295,000
      Educational
      $1,100,000
      Residential Income
      $1,060,000
      Energy
      $1,210,000
      Income-Based Land
      $1,270,000
      Food Service
      $1,255,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0435
    Latitude
    41.5578
    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
    2023
    $37,394
    $66,570
    $623,490
    $690,060
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $405,000
      4,548 SF

      437 Main St

      BOARDING/ROOMING HOUSE • 4,548 SF
      437 Main St, Waterbury, CT 06702-1736
      View Details
    • Value Estimation
      $620,000
      10,720 SF

      417 Main St

      BOARDING/ROOMING HOUSE • 10,720 SF
      417 Main St, Waterbury, CT 06702-1703
      View Details
    • Value Estimation by Request
      14,036 SF

      421 Main St

      BOARDING/ROOMING HOUSE • 14,036 SF
      421 Main St, Waterbury, CT 06702-1702
      View Details
    • Value Estimation
      $335,000
      6,897 SF

      29 Maple Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,897 SF
      29 Maple Ave, Waterbury, CT 06702-1605
      View Details
    • Value Estimation
      $195,000
      2,760 SF

      52 Cherry St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,760 SF
      52 Cherry St, Waterbury, CT 06702-1617
      View Details
    • Value Estimation
      $155,000
      0.16 Acres

      351 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.16 Acres
      351 Main St, Waterbury, CT 06702
      View Details

    Similar Nearby for Sale

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      Waterbury 5-unit property with strong rental history and updated finishes.
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    • Contact for pricing
      1.25 Acres

      Main St

      Land • 1.25 Acres
      0 Main St, Waterbury, CT 06702
      View Details
    • $49,000
      3,637 SF

      Waterbury Executive Office Suite

      Prime CBD Location, $49K
      207 Bank St, Waterbury, CT 06702
      View Details
    • $495,000
      4.58 Acres

      Waterbury Commercial Land - 4.58 Acres

      Prime Commercial Land, High Visibility, $495,000
      431 Thomaston Ave, Waterbury, CT 06702
      View Details

    Similar Nearby for Lease

    • $3,100 /Mo

      Charming Multi-Level Brownstone for Rent

      Four-bedroom, two-bath brownstone with updated features and cozy vibe.
      491 Meadow St, Waterbury, CT 06702
      View Details
    • Contact for pricing
      20,858 SF

      Waterbury Executive Office Space

      Modern Office Suites Available Now
      228 Meadow St, Waterbury, CT 06702
      View Details
    • $12 SF/Yr
      3,637 SF

      Waterbury Executive Office Suite

      1,118 SF Office, Ready to Customize
      207 Bank St, Waterbury, CT 06702
      View Details
    • $12 SF/Yr
      11,983 SF

      Downtown Retail Space Available

      Prominent retail location with easy access to public transportation.
      20 E Main St, Waterbury, CT 06702
      View Details
    • $12 SF/Yr

      Prime Commercial Space Available

      Commercial spaces for lease, suitable for medical, flex, office, retail.
      167 Thomaston Ave, Waterbury, CT 06702
      View Details
    • $800 /Mo
      20,657 SF

      Basement Level Vanilla Box Space

      Versatile 800 sqft basement space suitable for office or storage.
      137 West Main St, Waterbury, CT 06702
      View Details
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    24 Central Ave
    Waterbury, CT 06702-1201
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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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