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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Specialty properties
34 Beaver Rd Wethersfield, CT 06109-2201
Individually Owned
15-yr Hold
Free & Clear
Property ID
US15-0707943
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,936 SF
Lot
1.46 ac (63,598 SF)
Zoning code
GB
APN
WETH M:223 B:014
UPID
US15-0707943
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
-
Farley-Sullivan Funeral Homes Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$710k
Blend (final)
Blend
$595k
Owner & transaction history
Joseph A Hourihan · 15 yrs held
Joseph A Hourihan
since 2010
4 recorded transactions
Zoning & alternative use
GB · Wethersfield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$855,000
+37.8%
Office building
$850,000
+36.7%
Apartment house (5+ units)
$820,000
+31.6%
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 Wethersfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wethersfield 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
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
$620,000
Current use
AUTO REPAIR, GARAGE
$855,000
Change: +38% · Conversion: Difficult
OFFICE BUILDING
$850,000
Change: +37% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$820,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$780,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10%
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
$54 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$36,461
Tax year 2023
Assessed value
$872,690
Assessed 2023
Previous assessed
$872,690
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$173,980
Assessed improvement
$698,710
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
10,936 SF
Lot
1.46 ac (63,598 SF)
Zoning code
GB
APN
WETH M:223 B:014
UPID
US15-0707943
Jurisdiction
WETHERSFIELD
Zoning & alternative use
GB · Wethersfield, CT
Zoning GB · permitted uses
GB · Wethersfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wethersfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$855,000
OFFICE BUILDING
Est. value
$850,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$820,000
MEDICAL BUILDING
Est. value
$780,000
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Joseph A Hourihan
Individual
Free & Clear · 15 yrs held
Mailing address
34 BEAVER RD, WETHERSFIELD, CT 06109-2201
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2010
$1
Joseph A Hourihan
Rktw LLC
Grant Deed
—
May 7, 2009
$1
Rktw LLC
Sullivan,robert P JR
Grant Deed
related
—
Feb 7, 2007
$1
Robert Sulivan JR.
Sullivan,kathleen
Grant Deed
related
—
Feb 10, 1995
$550,000
Robert P Sullivan JR.
Smith,christopher W
Warranty Deed
—
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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