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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Apartment buildings
320 Chestnut St, New Britain, CT 06051-2388
Entity Owned
Absentee Owner
Property ID
US15-0074898
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1904
Total area
5,786 SF
Lot
0.23 ac (10,019 SF)
Zoning code
T
APN
NBRI M:B8B B:67
UPID
US15-0074898
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
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$571k
Blend (final)
Blend
$575k
Owner & transaction history
320 Chestnut LLC
320 Chestnut LLC
since 2025
Last sale
$636,000
7 recorded transactions
Zoning & alternative use
T · New Britain, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$665,000
+19.8%
Office building
$640,000
+14.7%
Auto repair, garage
$580,000
+4.4%
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 New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain 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
by Request
ML approach
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$555,000
Current use
RETAIL STORES
$665,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$640,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$580,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $636k (Dec 15 2025)
Last sale anchor
$636k
Dec 15 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 2024Property tax & assessments
Tax year 2024
Tax billed
$14,109
Tax year 2024
Assessed value
$356,370
Assessed 2024
Previous assessed
$356,370
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$47,180
Assessed improvement
$309,190
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
1904
Heating
NONE
Buildings
1
Stories
3
Units
6
Rooms
25
Bathrooms
6
Total area
5,786 SF
Lot
0.23 ac (10,019 SF)
Zoning code
T
APN
NBRI M:B8B B:67
UPID
US15-0074898
Jurisdiction
NEW BRITAIN
Zoning & alternative use
T · New Britain, CT
Zoning T · permitted uses
T · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$555,000
RETAIL STORES
Est. value
$665,000
OFFICE BUILDING
Est. value
$640,000
AUTO REPAIR, GARAGE
Est. value
$580,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1904
Heating
NONE
Stories
3
Buildings
1
Units
6
Rooms
25
Bathrooms
6
Lot
0.23 ac
Current owner
From public records · entity-resolved
320 Chestnut LLC
Entity
Mailing address
10 WINDY HL LN, ROCKY HILL, CT 06067-2866
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
$636,000
320 Chestnut LLC
Pd Realty LLC
Warranty Deed
$585,000 · Stormfield Spv I LLC
Jun 14, 2021
—
Pd Realty LLC
—
Deed
related
$240,629 · Nutmeg State Federal Credit Union
Dec 1, 2017
$235,000
Pd Realty LLC
Haberfeld Ents LLC
Warranty Deed
—
Sep 6, 2017
$200,000
Haberfeld Enterprises
Rui L Wei
Warranty Deed
$200,000 · Flip It Funding LLC
Feb 14, 2012
$91,000
Rui L Wei
Acorn Group LLC
Warranty Deed
—
Dec 14, 2004
$225,000
Acorn Grp LLC
Tully,diane
Warranty Deed
$168,750 · Silver Hill Financial LLC
Dec 14, 2004
—
Acorn Grp LLC
—
Deed Of Trust
related
$45,000 · Zenon Grzybowski
Mar 26, 2004
—
Diane Tulley
—
Deed Of Trust
related
$30,000 · Kenneth Pierce
Mar 25, 1992
—
Brian P Tully
—
Deed Of Trust
related
$140,000 · First City Bank
Apr 29, 1991
$180,000
Brian Tully
Cohen,robert
Warranty Deed
$165,000 · Zenon Grzybowski
Aug 3, 1990
—
Robert Cohen
—
Deed Of Trust
related
$54,100 · Connecticut Bank & Trust
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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