Back to Search
Property profile & analytics
OFF-MARKET
Residential income homes
243 Ctr St Manchester, CT 06040-5045
Entity Owned
4-yr Hold
Property ID
US15-0492569
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1911
Total area
3,752 SF
Lot
0.19 ac (8,276 SF)
Zoning code
B2
APN
MANC M:78 B:1020 L:243
UPID
US15-0492569
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
Current use
Occupant on record · Public records
-
Maria A. Cheney, MFT Marriage Or Relationship Counselor
-
Baptiste Paren Alyson Psychotherapist
-
Molloy Beth Physician
-
Sistare Center For Wellness LLC Alternative Medicine Practice Spa & Massage Center
-
Lawn Doctor of Hartford-Manchester Landscaping General Contractor
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
Rkj Enterprise LLC · 4 yrs held
Rkj Enterprise LLC
since 2021
Last sale
$290,000
5 recorded transactions
Zoning & alternative use
B2 · Manchester, 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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
$7,659
Tax year 2023
Assessed value
$205,900
Assessed 2023
Previous assessed
$205,900
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$21,400
Assessed improvement
$184,500
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
1911
Heating
HOT WATER
Buildings
1
Stories
3
Units
4
Rooms
16
Bathrooms
4
Total area
3,752 SF
Lot
0.19 ac (8,276 SF)
Zoning code
B2
APN
MANC M:78 B:1020 L:243
UPID
US15-0492569
Jurisdiction
MANCHESTER
Zoning & alternative use
B2 · Manchester, CT
Zoning B2 · permitted uses
B2 · Manchester, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1911
Heating
HOT WATER
Stories
3
Buildings
1
Units
4
Rooms
16
Bathrooms
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
Rkj Enterprise LLC
Entity
Mailing address
243 W CTR ST STE #2, MANCHESTER, CT 06040-5045
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2021
$290,000
Rkj Enterprise LLC
Chris H Saunders
Warranty Deed
—
Jul 14, 2009
—
Chris H Saunders
—
Deed Of Trust
related
$155,400 · Peoples Bank
Feb 28, 2002
$138,000
Chris H Saunders
Migliore,james J
Warranty Deed
$110,400 · Wachovia Mortgage Co
Nov 9, 1993
—
James J Migliore
—
Deed Of Trust
related
$10,000 · Savings Bank Of Manchester
Nov 21, 1991
—
James J Migliore
—
Deed Of Trust
related
$25,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 243 Ctr St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
