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Property profile & analytics
OFF-MARKET
Residential income homes
42 Merchants Ave Taftville, CT 06380-1044
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US15-0079848
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1850
Construction
FRAME
Total area
2,332 SF
Lot
0.12 ac (5,227 SF)
Zoning code
NC
APN
NORW M:46 B:1 L:39
UPID
US15-0079848
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
Britt Esterly · 10 yrs held
Britt Esterly
since 2015
5 recorded transactions
Zoning & alternative use
NC · 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
$2,925
Tax year 2023
Assessed value
$69,900
Assessed 2023
Previous assessed
$69,900
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$18,400
Assessed improvement
$51,500
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
1850
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
4
Rooms
8
Bathrooms
4
Total area
2,332 SF
Lot
0.12 ac (5,227 SF)
Zoning code
NC
APN
NORW M:46 B:1 L:39
UPID
US15-0079848
Jurisdiction
NORWICH
Zoning & alternative use
NC · Taftville, CT
Zoning NC · permitted uses
NC · 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
1850
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
4
Rooms
8
Bathrooms
4
Lot
0.12 ac
Current owner
From public records · entity-resolved
Britt Esterly
Individual
Mailing address
333 W THAMES ST, NORWICH, CT 06360-6749
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2015
—
Britt Esterly
Esterly,elizabeth
Quit Claim Deed
related
—
Dec 5, 2011
$97,500
Elizabeth E Esterley
Fnma
Warranty Deed
—
Dec 29, 2006
$1
Horizon Browning LLC
Ford,heather
Grant Deed
related
—
Mar 24, 2006
—
Aeather Ford
—
Deed Of Trust
related
$182,000 · Norwich Commercal Grp
Feb 27, 2004
$158,000
Heather Ford
Dade Rlty Co LLC 1
Warranty Deed
$142,200 · Option One Mortgage Corp
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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