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    Property profile & analytics

    47 Elm St, Unit 8 New Haven, CT 06510-2007

    • Office Properties & Spaces
    • 1,684 SF
    OFF-MARKET
    Value Estimation
    $160,000
    Last Sale
    May 04, 2021
    $185,000
    Location Intelligence
    Property ID
    US15-0366990
    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

    • Imperial Granum-Joseph Parker Buildings / Historical Landmark
    • DelMonico Hatter / Women'S Clothing Store / Hat Shop

    Property Details for 47 Elm St

    Year built
    1875
    Construction
    FRAME
    Property size
    1,684 SF
    Zone code
    BD
    Property type
    Office Properties & Spaces
    APN
    NHVN M:224 B:0292 L:00108
    APU
    NHVNM224B0292L00108

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $155,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $200,000
      7%
      $210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $165,000
      Mixed-Use
      $155,000
      Hospitality
      $195,000
      Educational
      $165,000
      Residential Income
      $180,000
      Energy
      $180,000
      Income-Based Land
      $175,000
      Food Service
      $185,000

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9224
    Latitude
    41.3078
    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
    $4,844
    $0.00
    $123,130
    $123,130
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      10,639 SF

      824 Chapel St

      Office Properties & Spaces • 10,639 SF
      824 Chapel St, New Haven, CT 06510
      View Details
    • Value Estimation
      $280,000
      1,696 SF

      216 Crown St, Unit 6A

      CONDOMINIUM OFFICES • 1,696 SF
      216 Crown St, New Haven, CT 06510-2705
      View Details
    • Value Estimation
      $280,000
      1,218 SF

      37 Whitney Ave, Unit 3

      CONDOMINIUM OFFICES • 1,218 SF
      37 Whitney Ave, New Haven, CT 06510
      View Details
    • Value Estimation
      $220,000
      2,718 SF

      216 Crown St Fl 2b

      CONDOMINIUM OFFICES • 2,718 SF
      216 Crown St Fl 2b, New Haven, CT 06510-2705
      View Details
    • Value Estimation
      $275,000
      2,736 SF

      216 Crown St Fl 4a

      CONDOMINIUM OFFICES • 2,736 SF
      216 Crown St Fl 4a, New Haven, CT 06510-2705
      View Details
    • Value Estimation
      $210,000
      1,071 SF

      47 Elm St, Unit 7

      CONDOMINIUM OFFICES • 1,071 SF
      47 Elm St, New Haven, CT 06510-2007
      View Details

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    Similar Nearby for Lease

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    New Haven, CT 06510-2007
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    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
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