Technical
Financial
Distress signals
Property profile

253 Rdg Rd Middletown, CT 06457

OFF-MARKET
Investment properties
Property ID
US15-0744860
0.97 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.97 ac (42,253 SF)
Zoning code RPZ
APN MTWN M:36 L:0053
UPID US15-0744860

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

253 Rdg Rd Middletown, CT 06457-4436
Middletown metro Census 542000 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$580k

Owner & transaction history

since 2023
Last sale
$525,000
2 recorded transactions
2023
$525,000
2009
$1

Zoning & alternative use

RPZ · Middletown, CT
Zoning description

1. New lots in the RPZ zone, along existing City streets and new streets, may be approved, by special exception, to have substantially similar frontage and areas as other lots within the RPZ zone provided all new lots ar…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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