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Property profile & analytics
OFF-MARKET
Investment properties
487 Main St New Britain, CT 06051-3528
Entity Owned
4-yr Hold
Free & Clear
Property ID
US15-1185010
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.39 ac (16,988 SF)
Zoning code
B1
APN
NBRI M:C10D B:25
UPID
US15-1185010
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
487 Snb LLC · 4 yrs held
487 Snb LLC
since 2022
Last sale
$160,000
7 recorded transactions
Zoning & alternative use
B1 · New Britain, 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 New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain 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
$5,228
Tax year 2023
Assessed value
$136,570
Assessed 2023
Previous assessed
$136,570
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$39,900
Assessed improvement
$96,670
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
NONE
Buildings
4
Units
2
Lot
0.39 ac (16,988 SF)
Zoning code
B1
APN
NBRI M:C10D B:25
UPID
US15-1185010
Jurisdiction
NEW BRITAIN
Zoning & alternative use
B1 · New Britain, CT
Zoning B1 · permitted uses
B1 · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
4
Units
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
487 Snb LLC
Entity
Free & Clear · 4 yrs held
Mailing address
21 ML ST, NEW BRITAIN, CT 06051-3410
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2022
—
487 Snb LLC
2 Mill St LLC
Quit Claim Deed
related
—
Nov 16, 2016
—
2 Mill St LLC
Majda LLC
Quit Claim Deed
related
—
Mar 21, 2013
$160,000
Majda LLC
487 S Main Street LLC
Grant Deed
—
Jan 3, 2011
$120,000
487 S Main Street LLC
Ellen Rosenblit Ret
Grant Deed
—
Jan 24, 2007
$31,651
Ellen Rosenblit Ret
K&m Of Nb LLC
Warranty Deed
—
Aug 8, 2006
$1
K&m Of Nb LLC
Ramos,edward
Grant Deed
related
—
Aug 28, 2003
—
Celeste Morrisey
—
Deed Of Trust
related
$158,000 · Edward Ramev
Nov 19, 2002
—
Julian Parkes
—
Deed Of Trust
related
$101,400 · Jack Rosenblit Tr
Apr 10, 2002
$80,000
Julian Parkes
Spitzel-pilla,anne
Warranty Deed
$101,400 · Zmc Trust Et Al 2nd
Apr 20, 1993
—
Ann Spitzel Pilla
—
Deed Of Trust
related
$218,500 · Community Savings Bank
Oct 21, 1987
—
Anne Spitzel-pilla
—
Deed Of Trust
related
$20,000 · Peoples Bank New Britan
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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