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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Apartment buildings
250 Homestead Ave, Hartford, CT 06112-2803
Entity Owned
1-yr Hold
Property ID
US15-0140132
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1917
Construction
FRAME
Total area
5,766 SF
Lot
0.09 ac (3,920 SF)
Zoning code
NX-2
APN
HTFD M:176 B:198 L:103
UPID
US15-0140132
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
$520k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$595k
Blend (final)
Blend
$570k
Owner & transaction history
Ds New Eng Properties LLC · 1 yrs held
Ds New Eng Properties LLC
since 2025
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
NX-2 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$585,000
+15.5%
Auto repair, garage
$515,000
+2.4%
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 Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hartford 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
Method
Estimation
Statistic approach
$530,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$505,000
Current use
RETAIL STORES
$585,000
Change: +15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$515,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$505,000
Change: 0% · Conversion: Moderate
OFFICE BUILDING
$435,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $600k (May 5 2025)
Last sale anchor
$600k
May 5 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$99 / SF
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
$16,010
Tax year 2023
Assessed value
$232,190
Assessed 2023
Previous assessed
$232,190
+0.0% YoY
Effective rate
6.90%
On assessed value
Assessed land
$26,320
Assessed improvement
$205,870
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1917
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
6
Rooms
24
Total area
5,766 SF
Lot
0.09 ac (3,920 SF)
Zoning code
NX-2
APN
HTFD M:176 B:198 L:103
UPID
US15-0140132
Jurisdiction
HARTFORD
Zoning & alternative use
NX-2 · Hartford, CT
Zoning NX-2 · permitted uses
NX-2 · Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hartford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$505,000
RETAIL STORES
Est. value
$585,000
AUTO REPAIR, GARAGE
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$505,000
OFFICE BUILDING
Est. value
$435,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1917
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
6
Rooms
24
Lot
0.09 ac
Current owner
From public records · entity-resolved
Ds New Eng Properties LLC
Entity
Mailing address
250 HOMESTEAD AVE, HARTFORD, CT 06112-2803
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2025
$600,000
Ds New Eng Properties LLC
250 Homestead LLC
Warranty Deed
$469,650 · Builder Finance INC
Aug 14, 2023
$500,000
250 Homestead LLC
Rmbh Purchasing Grp 2 LLC
Warranty Deed
$322,500 · Webster Bank
Oct 24, 2019
$287,500
Rmbh Purchasing Grp 2 LLC
B & S Equities LLC
Warranty Deed
—
Dec 28, 2010
$85,000
B&s Equities LLC
Lipa Realty LLC
Warranty Deed
—
Jun 5, 2007
—
Lipa Realty LLC
—
Deed Of Trust
related
$1,245,000 · Robert J Dean SR
Jul 27, 2004
$190,000
Lipa Realty LLC
B A Investments
Warranty Deed
—
May 6, 1998
$57,000
Ba Inv LLC
Spencer,evan
Warranty Deed
$47,000 · Fec Mortgage Corp
Nov 25, 1992
—
Evan Spencer
—
Deed Of Trust
related
$25,000 · Richard Rockford
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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