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Property profile & analytics
OFF-MARKET
Residential income homes
32 Main St New Milford, CT 06776-3533
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US15-0724306
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1880
Total area
2,411 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R-8-2
APN
NMIL M:28-4 L:126
UPID
US15-0724306
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
Michael Mcnamara · 26 yrs held
Michael Mcnamara
since 1999
1 recorded transaction
Zoning & alternative use
R-8-2 · New Milford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
(R-8-2) Section 030-010 Purpose The purpose of the Two-Family Residence District is to allow additional housing options, as of right, consistent with the Plan of Conservation and Development in established neighborhoods of older homes located within the sewer district. In addition this regulation serves to provide an incentive to restore, rehabilitate and ma…
Zone name
Residential Two Family Zone
General category
RESIDENTIAL
Zone area
32.50 ac
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 New Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Milford 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
$6,799
Tax year 2023
Assessed value
$234,620
Assessed 2023
Previous assessed
$234,620
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$39,530
Assessed improvement
$195,090
Applied tax rate
222.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1880
Heating
FORCED AIR
Buildings
1
Stories
2
Units
4
Rooms
12
Bathrooms
4
Total area
2,411 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R-8-2
APN
NMIL M:28-4 L:126
UPID
US15-0724306
Jurisdiction
NEW MILFORD
Zoning & alternative use
R-8-2 · New Milford, CTZoning R-8-2 · permitted uses
R-8-2 · New Milford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
(R-8-2) Section 030-010 Purpose The purpose of the Two-Family Residence District is to allow additional housing options, as of right, consistent with the Plan of Conservation and Development in established neighborhoods of older homes located within the sewer district. In addition this regulation serves to provide an incentive to restore, rehabilitate and maintain many of the older homes located within the Town of New Milford.
Zone name
Residential Two Family Zone
General category
RESIDENTIAL
Zone area
32.50 ac
Building & site characteristics
From public records
Year built
1880
Heating
FORCED AIR
Stories
2
Buildings
1
Units
4
Rooms
12
Bathrooms
4
Lot
0.22 ac
Current owner
From public records · entity-resolved
Michael Mcnamara
Individual
Mailing address
30 TANGLEWOOD CT, RIDGEFIELD, CT 06877-5512
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 1999
$178,000
Michael Mcnamara
Clark,richard
Warranty Deed
$163,800 · Nmbt
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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