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    Property profile & analytics

    541 Main St Cromwell, CT 06416-1418

    • Investment properties
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Last Sale
    Mar 29, 2023
    $400,000
    Location Intelligence
    Property ID
    US15-1051268
    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

    • Investment properties

    Property Details for 541 Main St

    Lot size
    0.65 lot acres
    Zone code
    LB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    CROM M:00262700
    APU
    CROMM00262700

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $440,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $360,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $415,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $340,000
      Retail
      $355,000
      Mixed-Use
      $315,000
      Hospitality
      $355,000
      Educational
      $370,000
      Residential Income
      $385,000
      Energy
      $430,000
      Income-Based Land
      $330,000
      Food Service
      $430,000

    Location Insight

    • Map
    • Local Demand
    City
    Cromwell
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.6544
    Latitude
    41.618
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, 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
    $10,856
    $138,390
    $230,720
    $369,110
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $370,000
      3.20 Acres

      379 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3.20 Acres
      379 Main St, Cromwell, CT 06416-2308
      View Details
    • Value Estimation
      $285,000
      1.22 Acres

      64 Nooks Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1.22 Acres
      64 Nooks Hl Rd, Cromwell, CT 06416-1532
      View Details
    • Value Estimation
      $310,000
      0.81 Acres

      47 Coles Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 0.81 Acres
      47 Coles Rd, Cromwell, CT 06416-2608
      View Details
    • Value Estimation
      $350,000
      0.78 Acres

      397 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.78 Acres
      397 Main St, Cromwell, CT 06416-2310
      View Details
    • Value Estimation
      $355,000
      3.20 Acres

      35 Pasco Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3.20 Acres
      35 Pasco Hl Rd, Cromwell, CT 06416-1012
      View Details
    • Value Estimation
      $320,000
      1.51 Acres

      562 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1.51 Acres
      562 Main St, Cromwell, CT 06416-1419
      View Details

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    Similar Nearby for Lease

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      New construction industrial condominium units for lease, convenient location.
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      Unique Commercial Space in Cromwell

      Retail/office space in a unique location, must see!
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    • Contact for pricing
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      Cromwell Retail Space For Lease

      Prime Retail Location, Multiple Units Available
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    • Contact for pricing
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      Cromwell Office Space Sublease

      Office space available for sublease in Cromwell, Connecticut.
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    • $1,600 /Mo

      Unique Specialty Property for Rent

      Unique property in a desirable location, must see!
      309 Main St Suite, Cromwell, CT 06416
      View Details

    Property Visit Statistics

    • Visits by month
      15.4k
    • Visitors by month
      6.4k
    • Avg Time on site
      14 min
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    Cromwell, CT 06416-1418
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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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