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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Investment properties
465 Wethersfield Ave 471 Hartford, CT 06114-1933
Entity Owned
3-yr Hold
Property ID
US15-0666134
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Construction
FRAME
Total area
13,336 SF
Lot
0.3 ac (12,998 SF)
Zoning code
MS-1
APN
HTFD M:275 B:680 L:049
UPID
US15-0666134
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
-
D-Town Supermarket LLC Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$971k
Blend (final)
Blend
$975k
Owner & transaction history
Neverland LLC · 3 yrs held
Neverland LLC
since 2023
Last sale
$960,000
6 recorded transactions
Zoning & alternative use
MS-1 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.3M
+38.5%
Auto repair, garage
$1.2M
+22.8%
Office building
$1.0M
+3.0%
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 Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hartford 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
$1,010,000
ML approach
$1,065,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$975,000
Current use
RETAIL STORES
$1,345,000
Change: +39% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,195,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$1,000,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$990,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $960k (Apr 5 2023)
Last sale anchor
$960k
Apr 5 2023
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
$73 / 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
$31,507
Tax year 2023
Assessed value
$456,960
Assessed 2023
Previous assessed
$456,960
+0.0% YoY
Effective rate
6.89%
On assessed value
Assessed land
$69,160
Assessed improvement
$387,800
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
10
Rooms
37
Total area
13,336 SF
Lot
0.3 ac (12,998 SF)
Zoning code
MS-1
APN
HTFD M:275 B:680 L:049
UPID
US15-0666134
Jurisdiction
HARTFORD
Zoning & alternative use
MS-1 · Hartford, CT
Zoning MS-1 · permitted uses
MS-1 · Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hartford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$975,000
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$990,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1930
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
10
Rooms
37
Lot
0.3 ac
Current owner
From public records · entity-resolved
Neverland LLC
Entity
Mailing address
465 WETHERSFIELD AVE #471, HARTFORD, CT 06114-1933
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2023
$960,000
Neverland LLC
Dominican Group LLC
Warranty Deed
$1,042,574 · Hartford Community Loan Fund
Mar 4, 2016
$470,000
Dominican Group LLC
Capobianco,nazzareno & Lucia
Warranty Deed
$350,000 · Nazzareno Capobianco
Jan 23, 2013
$1
Nazzareno Capobianco
C&c Realty LLC
Grant Deed
related
—
Mar 22, 2006
—
Ctc Rlty LLC
—
Deed Of Trust
related
$80,000 · Sovereign Bank
Apr 7, 1995
—
Nazzarreno Capobianco
—
Deed Of Trust
related
$110,820 · Fleet National Bank
Jan 25, 1990
—
Lucia Capobianco
—
Deed Of Trust
related
$165,100 · Connecticut Bank & Trust
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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