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    Property profile & analytics

    56 Howard St New Britain, CT 06051-1753

    • Residential income homes
    • 2,340 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US15-0079829
    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

    • Residential income homes

    Property Details for 56 Howard St

    Year built
    1904
    Lot size
    0.16 lot acres
    Property size
    2,340 SF
    Zone code
    T
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    NBRI M:A7B B:202
    APU
    NBRIMA7BB202

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $330,000
      6.5%
      $370,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $295,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $385,000
      Mixed-Use
      $390,000
      Hospitality
      $345,000
      Educational
      $435,000
      Residential Income
      $345,000
      Energy
      $420,000
      Income-Based Land
      $355,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    New Britain
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7603
    Latitude
    41.6749
    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
    2024
    $6,296
    $42,840
    $116,200
    $159,040
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,744 SF

      597 Ellis St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,744 SF
      597 Ellis St, New Britain, CT 06051
      View Details
    • Value Estimation
      $190,000
      4,599 SF

      211 Fairview St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,599 SF
      211 Fairview St, New Britain, CT 06051-2356
      View Details
    • Value Estimation
      $260,000
      2,918 SF

      15 Noble St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,918 SF
      15 Noble St, New Britain, CT 06051-2069
      View Details
    • Value Estimation
      $295,000
      3,900 SF

      60 Prospect St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,900 SF
      60 Prospect St, New Britain, CT 06051-2523
      View Details
    • Value Estimation
      $245,000
      0.35 Acres

      94 Rockwell Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.35 Acres
      94 Rockwell Ave, New Britain, CT 06051-3008
      View Details
    • Value Estimation
      $270,000
      4,462 SF

      40 Shuttle Mdw Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,462 SF
      40 Shuttle Mdw Ave, New Britain, CT 06051-3308
      View Details

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    Similar Nearby for Lease

    • $1,600 /Mo

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      Move-in ready 3-bedroom apartment near amenities and transportation.
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      View Details
    • $1,600 /Mo

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      Recently updated 2-bedroom apartment with optional third bedroom/office.
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    • $1,650 /Mo

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      Spacious, renovated apartment near downtown, dining, and transportation.
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      View Details
    • $1,432 /Mo

      Spacious Apartment with Washer/Dryer Hookup

      Three-bedroom apartment featuring hardwood floors and clean appliances.
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      View Details
    • $1,350 /Mo

      Attic-Style Apartment with Natural Light

      Two-bedroom apartment featuring newer appliances and off-street parking.
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      View Details
    • $1,275 /Mo

      Apartment with Quartz Countertops

      530 sq ft apartment with laundry and parking available.
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      View Details
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    56 Howard St
    New Britain, CT 06051-1753
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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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