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Property profile & analytics
OFF-MARKET
Residential income homes
390-392 Norwich Ave Taftville, CT 06380
Individually Owned
4-yr Hold
Free & Clear
Property ID
US15-1312874
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1900
Total area
2,856 SF
Lot
0.14 ac (6,098 SF)
Zoning code
MF
APN
NORW M:55 B:1 L:25
UPID
US15-1312874
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
Moti Affordable Hsng Soln · 4 yrs held
Moti Affordable Hsng Soln
since 2022
Last sale
$47,199
7 recorded transactions
Zoning & alternative use
MF · Taftville, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Taftville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taftville 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
$3,440
Tax year 2023
Assessed value
$82,200
Assessed 2023
Previous assessed
$82,200
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$18,500
Assessed improvement
$63,700
Applied tax rate
386.0000
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
1900
Heating
STEAM
Buildings
1
Stories
2
Units
4
Rooms
16
Bathrooms
4
Total area
2,856 SF
Lot
0.14 ac (6,098 SF)
Zoning code
MF
APN
NORW M:55 B:1 L:25
UPID
US15-1312874
Jurisdiction
NORWICH
Zoning & alternative use
MF · Taftville, CT
Zoning MF · permitted uses
MF · Taftville, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taftville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
STEAM
Stories
2
Buildings
1
Units
4
Rooms
16
Bathrooms
4
Lot
0.14 ac
Current owner
From public records · entity-resolved
Moti Affordable Hsng Soln
Individual
Free & Clear · 4 yrs held
Mailing address
74 N MAIN ST #1, NORWICH, CT 06360-5937
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2022
—
Moti Affordable Hsng Soln
Moti Bhattarai
Quit Claim Deed
related
—
Nov 10, 2016
$47,199
Moti Bhattarai
Deutsche Bk Natl T Co
Warranty Deed
—
Jun 6, 2016
—
Deutsche Bk Natl T Tr
Deutsche Bk Natl T Co Trust|vaccaro,benjamin T
Foreclosure
related
—
Mar 3, 2004
$171,000
Benjamin Vaclaro
Tlc 390-392 Norwich LLC
Warranty Deed
$136,800 · Robert J Dean SR
Nov 19, 2001
—
Lisa A Chiarella
—
Deed Of Trust
related
$81,900 · National City Mortgage Co
Aug 29, 2001
$60,000
Lisa A Gallo
Aames Capital Corp
Grant Deed
$51,000 · Equicredit Corp
Mar 16, 1998
$68,000
Jeffrey Bellamy
Chabotte,jo Ann S
Warranty Deed
$54,400 · One Stop Mortgage INC
Mar 16, 1998
—
Jeffrey Bellamy
—
Deed Of Trust
related
$10,200 · Zenon Grzybowski
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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