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Property profile & analytics
OFF-MARKET
Residential income homes
61 Albany Ave New Britain, CT 06053-3586
Entity Owned
4-yr Hold
Free & Clear
Property ID
US15-0114946
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1925
Total area
4,084 SF
Lot
0.12 ac (5,227 SF)
Zoning code
T
APN
NBRI M:D5B B:1
UPID
US15-0114946
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
61 Albany Ave LLC · 4 yrs held
61 Albany Ave LLC
since 2021
Last sale
$251,000
7 recorded transactions
Zoning & alternative use
T · 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
$9,614
Tax year 2023
Assessed value
$251,160
Assessed 2023
Previous assessed
$251,160
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$46,620
Assessed improvement
$204,540
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
1925
Heating
NONE
Buildings
1
Stories
3
Units
4
Rooms
15
Bathrooms
4
Total area
4,084 SF
Lot
0.12 ac (5,227 SF)
Zoning code
T
APN
NBRI M:D5B B:1
UPID
US15-0114946
Jurisdiction
NEW BRITAIN
Zoning & alternative use
T · New Britain, CT
Zoning T · permitted uses
T · 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
Year built
1925
Heating
NONE
Stories
3
Buildings
1
Units
4
Rooms
15
Bathrooms
4
Lot
0.12 ac
Current owner
From public records · entity-resolved
61 Albany Ave LLC
Entity
Free & Clear · 4 yrs held
Mailing address
28 GLADIOLA ST, NEW BRITAIN, CT 06053-3003
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2021
—
61 Albany Ave LLC
April M Palombizio
Quit Claim Deed
related
—
Sep 22, 2021
—
April M Palombizio
28 Gladiola Street LLC
Quit Claim Deed
related
—
Sep 17, 2021
—
April M Palombizio
61 Albany Ave LLC
Quit Claim Deed
related
$252,000 · Bay Equity LLC
May 9, 2019
—
61 Albany Ave LLC
Palombizio,april M
Quit Claim Deed
related
—
Apr 5, 2019
$251,000
April M Palombizio
Maria Catter
Warranty Deed
$213,350 · Newrez LLC
Jul 23, 2010
$207,000
Joshua A Catter
Bruketta,stephen P
Warranty Deed
$204,193 · Peoples Bank
Mar 4, 1993
$130,000
Stephen P Bruketta
Campisi,paol
Warranty Deed
$128,400 · Constitution Mtg Bankers INC
Oct 2, 1991
—
Paolo Campisi
—
Deed Of Trust
related
$77,000 · First City Bank
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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