Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    351 Main St Waterbury, CT 06702

    • Residential income homes
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $155,000
    Last Sale
    Mar 14, 2022
    $189,500
    Location Intelligence
    Property ID
    US15-1238924
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 351 Main St

    Lot size
    0.16 lot acres
    Zone code
    CBD
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    WBRY M:0295 B:0071 L:0068
    APU
    WBRYM0295B0071L0068

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $165,000

    • CAP approach

      CAP return
      Estimation
      6%
      $130,000
      6.5%
      $125,000
      7%
      $130,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $125,000
      Geo Method
      $115,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $135,000
      Retail
      $110,000
      Mixed-Use
      $105,000
      Hospitality
      $105,000
      Educational
      $110,000
      Residential Income
      $125,000
      Energy
      $130,000
      Income-Based Land
      $140,000
      Food Service
      $125,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0346
    Latitude
    41.5548
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,510
    $51,450
    $124,040
    $175,490
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $335,000
      6,897 SF

      29 Maple Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,897 SF
      29 Maple Ave, Waterbury, CT 06702-1605
      View Details
    • Value Estimation
      $195,000
      2,760 SF

      52 Cherry St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,760 SF
      52 Cherry St, Waterbury, CT 06702-1617
      View Details
    • Value Estimation
      $210,000
      4,711 SF

      27 Water St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,711 SF
      27 Water St, Waterbury, CT 06702-1500
      View Details
    • Value Estimation
      $1,365,000
      10,800 SF

      24 Central Ave

      BOARDING/ROOMING HOUSE • 10,800 SF
      24 Central Ave, Waterbury, CT 06702-1201
      View Details
    • Value Estimation
      $405,000
      4,548 SF

      437 Main St

      BOARDING/ROOMING HOUSE • 4,548 SF
      437 Main St, Waterbury, CT 06702-1736
      View Details
    • Value Estimation
      $620,000
      10,720 SF

      417 Main St

      BOARDING/ROOMING HOUSE • 10,720 SF
      417 Main St, Waterbury, CT 06702-1703
      View Details

    Similar Nearby for Sale

    • $439,900

      Waterbury Multifamily Investment Opportunity

      Turn-key multifamily property in Waterbury's W.O.W neighborhood with 9.5% CAP.
      33 Albert Pl, Waterbury, CT 06702
      View Details
    • $500,000

      Turnkey 5-Family Investment Property

      Waterbury 5-unit property with strong rental history and updated finishes.
      28 Gilbert St, Waterbury, CT 06702
      View Details
    • $275,000

      Waterbury Multifamily Property For Sale

      Multifamily property available for purchase in Waterbury, Connecticut.
      9 Kenyon St, Waterbury, CT 06702
      View Details
    • $324,900

      Renovated Two-Family Residence in Waterbury

      Fully occupied, renovated two-family home with strong income potential.
      4 Ann St, Waterbury, CT 06702
      View Details
    • Contact for pricing
      1.25 Acres

      Main St

      Land • 1.25 Acres
      0 Main St, Waterbury, CT 06702
      View Details
    • $49,000
      3,637 SF

      Waterbury Executive Office Suite

      Prime CBD Location, $49K
      207 Bank St, Waterbury, CT 06702
      View Details

    Similar Nearby for Lease

    • $1,350 /Mo

      Remodeled One-Bedroom Apartment in Waterbury

      Updated one-bedroom apartment in downtown Waterbury, near amenities.
      61 Field St, Waterbury, CT 06702
      View Details
    • $1,350 /Mo

      Remodeled Apartment in Central Waterbury

      One-bedroom apartment in Waterbury's vibrant Central Business District.
      140 Grand St, Waterbury, CT 06702
      View Details
    • $1,350 /Mo

      Charming Apartment in Convenient Location

      Comfortable 2-bedroom apartment near downtown Waterbury.
      25 Laurel St, Waterbury, CT 06702
      View Details
    • $3,100 /Mo

      Charming Multi-Level Brownstone for Rent

      Four-bedroom, two-bath brownstone with updated features and cozy vibe.
      491 Meadow St, Waterbury, CT 06702
      View Details
    • Contact for pricing
      20,858 SF

      Waterbury Executive Office Space

      Modern Office Suites Available Now
      228 Meadow St, Waterbury, CT 06702
      View Details
    • $12 SF/Yr
      3,637 SF

      Waterbury Executive Office Suite

      1,118 SF Office, Ready to Customize
      207 Bank St, Waterbury, CT 06702
      View Details

    Property Visit Statistics

    • Visits by month
      1.2k
    • Visitors by month
      1.0k
    • Avg Time on site
      9 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    351 Main St
    Waterbury, CT 06702
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.