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Property profile & analytics
OFF-MARKET
Residential income homes
474 Middle E Tpke Manchester, CT 06040-3734
Entity Owned
5-yr Hold
Free & Clear
Property ID
US15-0263483
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1851
Total area
2,512 SF
Lot
0.17 ac (7,405 SF)
Zoning code
RC
APN
MANC M:108 B:3950 L:474
UPID
US15-0263483
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
-
US Department of Electric & Gas - Energy Company - Utility Electric Utility Company
-
Computer Athletes Department Of Tech Service US Tech Support Center (Bike/Boat/Book/etc) Store
-
Computer Athletes Computer & Electronic Repair
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
Drew Hms 474 LLC · 5 yrs held
Drew Hms 474 LLC
since 2020
Last sale
$272,500
3 recorded transactions
Zoning & alternative use
RC · Manchester, 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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
$5,945
Tax year 2023
Assessed value
$159,800
Assessed 2023
Previous assessed
$159,800
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$27,300
Assessed improvement
$132,500
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
1851
Heating
FORCED AIR
Buildings
1
Stories
2
Units
4
Rooms
14
Bathrooms
4
Total area
2,512 SF
Lot
0.17 ac (7,405 SF)
Zoning code
RC
APN
MANC M:108 B:3950 L:474
UPID
US15-0263483
Jurisdiction
MANCHESTER
Zoning & alternative use
RC · Manchester, CT
Zoning RC · permitted uses
RC · Manchester, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1851
Heating
FORCED AIR
Stories
2
Buildings
1
Units
4
Rooms
14
Bathrooms
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
Drew Hms 474 LLC
Entity
Free & Clear · 5 yrs held
Mailing address
39 HANSEN DR, VERNON, CT 06066-5914
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2020
—
Drew Hms 474 LLC
Brian L Drew
Quit Claim Deed
related
—
Apr 23, 2020
$272,500
Brian L Drew
Dellabitta Props LLC
Warranty Deed
—
Jun 17, 2014
—
Della Bitta Properties
Evans,jordan & David
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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