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Property profile & analytics
OFF-MARKET
Investment properties
497 Storrs Rd 499, Mansfield Center, CT 06250-1219
Individually Owned
1-yr Hold
Property ID
US15-0655406
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
1.7 ac (74,052 SF)
Zoning code
RAR90
APN
MANS M:29 B:96 L:13
UPID
US15-0655406
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
Joan Bolen · 1 yrs held
Joan Bolen
since 2024
Last sale
$240,000
6 recorded transactions
Zoning & alternative use
RAR90 · Mansfield Center, 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 Mansfield Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mansfield Center 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,475
Tax year 2024
Assessed value
$179,400
Assessed 2024
Previous assessed
$179,400
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$72,700
Assessed improvement
$106,700
Applied tax rate
410.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Cooling
YES
Buildings
2
Units
1
Lot
1.7 ac (74,052 SF)
Zoning code
RAR90
APN
MANS M:29 B:96 L:13
UPID
US15-0655406
Jurisdiction
MANSFIELD
Zoning & alternative use
RAR90 · Mansfield Center, CT
Zoning RAR90 · permitted uses
RAR90 · Mansfield Center, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mansfield Center. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Joan Bolen
Individual
Mailing address
497 STORRS RD #499, MANSFIELD CENTER, CT 06250-1219
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Aug 13, 2024
$240,000
Joan Bolen
Agatha S Hoover
Warranty Deed
—
Feb 7, 2012
—
Agatha S Hoover
—
Deed Of Trust
related
$166,000 · Jewett City Savings Bank
Jan 27, 2004
$175,000
Agatha Hoover
Caron,gerard
Warranty Deed
$135,000 · Jewett City Savings Bank
Feb 9, 1998
$130,000
Gerard Caron
Rich,leslie
Warranty Deed
$104,000 · Residential Money Centers INC
Jun 21, 1996
$96,100
Leslie Rich
Peters,mark
Warranty Deed
—
Jun 18, 1987
$70,000
Mark Peters
Dunstan,lloyd
Grant Deed
$70,000 · Willimantic Svgs Bk
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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