New search
Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Residential income homes
42 Ter Ave, Naugatuck, CT 06770-4029
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US15-0393021
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1880
Construction
FRAME
Total area
6,865 SF
Lot
0.24 ac (10,454 SF)
Zoning code
R15
APN
NAUG M:028 L:9510
UPID
US15-0393021
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
-
Law Office of David V. DeRosa Law Firm Child Welfare Organization
-
Mix Edwin C Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$524k
Blend (final)
Blend
$510k
Owner & transaction history
42 Terrace Ave LLC · 8 yrs held
42 Terrace Ave LLC
since 2017
4 recorded transactions
Zoning & alternative use
R15 · Naugatuck, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$775,000
+7.6%
Office building
$770,000
+6.9%
Retail stores
$745,000
+3.6%
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 Naugatuck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Naugatuck 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$720,000
Current use
COMMERCIAL (GENERAL)
$775,000
Change: +8% · Conversion: Moderate
OFFICE BUILDING
$770,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$745,000
Change: +4% · Conversion: Difficult
AUTO REPAIR, GARAGE
$625,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$74 / 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
$14,695
Tax year 2023
Assessed value
$328,370
Assessed 2023
Previous assessed
$328,370
+0.0% YoY
Effective rate
4.48%
On assessed value
Assessed land
$62,230
Assessed improvement
$266,140
Applied tax rate
346.0000
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
1880
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
3
Units
3
Rooms
16
Bathrooms
5
Total area
6,865 SF
Lot
0.24 ac (10,454 SF)
Zoning code
R15
APN
NAUG M:028 L:9510
UPID
US15-0393021
Jurisdiction
NAUGATUCK
Zoning & alternative use
R15 · Naugatuck, CT
Zoning R15 · permitted uses
R15 · Naugatuck, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Naugatuck. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$720,000
COMMERCIAL (GENERAL)
Est. value
$775,000
OFFICE BUILDING
Est. value
$770,000
RETAIL STORES
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$625,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1880
Construction
FRAME
Heating
STEAM
Stories
3
Buildings
1
Units
3
Rooms
16
Bathrooms
5
Lot
0.24 ac
Current owner
From public records · entity-resolved
42 Terrace Ave LLC
Entity
Mailing address
42 TER AVE, NAUGATUCK, CT 06770-4029
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Aug 22, 2017
$150,100
42 Terrace Ave LLC
Hess Family Trust
Warranty Deed
$150,000 · Hess Fam Partner
Apr 13, 2006
—
Hess Family LP
—
Deed Of Trust
related
$240,000 · Naugatuck Valley Sla
Mar 27, 2001
$85,846
Hess LP
Hess,n Warren 3rd
Grant Deed
related
—
Jun 11, 1987
—
Hess N Warren 3rd
—
Deed Of Trust
related
$250,000 · Naugatuck Savings Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 42 Ter Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
