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Property profile & analytics
OFF-MARKET
Investment properties
242 High St New Britain, CT 06051-1069
Entity Owned
5-yr Hold
Property ID
US15-0230730
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.25 ac (10,890 SF)
Zoning code
A2
APN
NBRI M:C6C B:96
UPID
US15-0230730
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
Brass River Holdings LLC · 5 yrs held
Brass River Holdings LLC
since 2020
Last sale
$399,900
6 recorded transactions
Zoning & alternative use
A2 · New Britain, 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 New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain 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
$16,088
Tax year 2023
Assessed value
$420,280
Assessed 2023
Previous assessed
$420,280
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$50,890
Assessed improvement
$369,390
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Buildings
2
Units
6
Lot
0.25 ac (10,890 SF)
Zoning code
A2
APN
NBRI M:C6C B:96
UPID
US15-0230730
Jurisdiction
NEW BRITAIN
Zoning & alternative use
A2 · New Britain, CT
Zoning A2 · permitted uses
A2 · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
6
Lot
0.25 ac
Current owner
From public records · entity-resolved
Brass River Holdings LLC
Entity
Mailing address
7 BRONISZ DR, ELLINGTON, CT 06029-3799
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2021
—
Brass River Holdings LLC
—
Deed
related
$431,250 · Loan Funder LLC
May 13, 2021
—
Brass River Holdings LLC
—
Deed
related
$318,750 · Nutmeg State Federal Credit Union
Oct 21, 2020
$399,900
Brass River Holdings LLC
T&l Assoc
Warranty Deed
$320,000 · Pinnacle Financial Services LLC
Oct 12, 1995
—
Thomas B Parsons
—
Deed Of Trust
related
$125,000 · Southington Savings Bank
Jun 7, 1990
—
Thomas B Parsons
—
Deed Of Trust
related
$370,000 · Bank Of Southington
May 6, 1988
$245,000
Thomas B Parsons
Rajter,isabella
Grant Deed
$320,000 · Bank Of Southington
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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