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Property profile & analytics
OFF-MARKET
Residential income homes

279 Essex Rd Westbrook, CT 06498-3583

1,863 SF 0.87 ac lot Built 1990
Entity Owned 17-yr Hold Absentee Owner
Property ID
US15-0717837
Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1990
Construction FRAME
Total area 1,863 SF
Lot 0.87 ac (37,897 SF)
Zoning code MDR
APN WBRO M:166 L:014
UPID US15-0717837
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
Bogaert Management LLC · 17 yrs held
Bogaert Management LLC
since 2009
2 recorded transactions
2009
Price N/A
1969
Price N/A
Zoning & alternative use
MDR · Westbrook, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

• MDR Medium Density Residential District • HDR High Density Residential District (including HDR-2) Other residential districts or types may be located in Section 5 of these Regulations. A. PURPOSES 1. The various residential districts are intended to provide suitable areas for residential use and development appropriate to the environmental characteristics…

Zone name Medium Density Residential District
General category RESIDENTIAL
Zone area 1,026.65 ac
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