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Property profile & analytics
FOR LEASE
Investment properties
272 Elm St UPSTAIRS Groton, CT 06340
Individually Owned
15-yr Hold
Property ID
US15-1333102
For Lease
1 / 38
$3,500/Mo
272 Elm St,Unit UPSTAIRS, Groton, CT 06340
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1960
Total area
2,518 SF
Lot
0.33 ac (14,375 SF)
Zoning code
R-20
APN
GROT M:260816841089
UPID
US15-1333102
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
-
Bliss Hair Salon
-
The Hair Maven Kyla Adams Hair Salon
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
Thomas L Cantone · 15 yrs held
Thomas L Cantone
since 2011
2 recorded transactions
Zoning & alternative use
R-20 · Groton, 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 Groton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groton 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
$6,269
Tax year 2023
Assessed value
$265,510
Assessed 2023
Previous assessed
$265,510
+0.0% YoY
Effective rate
2.36%
On assessed value
Assessed land
$172,270
Assessed improvement
$93,240
Applied tax rate
355.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1960
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Rooms
8
Bathrooms
2
Total area
2,518 SF
Lot
0.33 ac (14,375 SF)
Zoning code
R-20
APN
GROT M:260816841089
UPID
US15-1333102
Jurisdiction
GROTON
Zoning & alternative use
R-20 · Groton, CT
Zoning R-20 · permitted uses
R-20 · Groton, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Groton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Rooms
8
Bathrooms
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
Thomas L Cantone
Individual
Mailing address
288 ELM ST, GROTON, CT 06340-5522
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2020
—
Thomas Cantone
—
Deed
related
$148,000 · Charter Oak FCU
Jan 21, 2011
$432,400
Thomas L Cantone
Bruce J Beaulieu
Warranty Deed
$235,000 · Chelseagroton Svgs Bk
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?”
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