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Property profile & analytics
OFF-MARKET
Residential income homes
61 Coit St New London, CT 06320-5061
Entity Owned
11-yr Hold
Property ID
US15-1327355
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1910
Total area
3,053 SF
Lot
0.1 ac (4,300 SF)
APN
NLON M:E13 B:0133 L:0007
UPID
US15-1327355
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
M & M Properties 7th LLC · 11 yrs held
M & M Properties 7th LLC
since 2015
7 recorded transactions
Zoning & alternative use
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 London submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New London 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
$4,562
Tax year 2023
Assessed value
$122,500
Assessed 2023
Previous assessed
$122,500
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$13,440
Assessed improvement
$109,060
Applied tax rate
384.0000
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
1910
Heating
BASEBOARD
Buildings
1
Stories
3
Units
4
Rooms
19
Bathrooms
4
Total area
3,053 SF
Lot
0.1 ac (4,300 SF)
APN
NLON M:E13 B:0133 L:0007
UPID
US15-1327355
Jurisdiction
NEW LONDON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1910
Heating
BASEBOARD
Stories
3
Buildings
1
Units
4
Rooms
19
Bathrooms
4
Lot
0.1 ac
Current owner
From public records · entity-resolved
M & M Properties 7th LLC
Entity
Mailing address
14 PATTAGANSETT DR, EAST LYME, CT 06333-1120
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2015
—
M & M Properties 7th LLC
M & M Properties 2nd LLC
Quit Claim Deed
related
—
Jul 28, 2011
$45,000
Smithfield Assoc LLC
Newkirk,laural C
Warranty Deed
$109,000 · Howard Goldstein
Dec 30, 2010
$37,800
Laural C Newkirk
Time Mgmt Co LLC
Warranty Deed
—
Oct 21, 2008
—
Deutsche Bank Natl T Co
Bonhomme,jean
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jul 10, 2008
$100,000
Time Mortgage Co LLC
Garcia,rosa
Warranty Deed
—
Apr 3, 2007
—
Rosa Garcia
—
Deed Of Trust
related
$150,000 · Broad National Bank
Mar 30, 2007
—
Rosa Garcia
—
Deed Of Trust
related
$100,000 · Worth Funding INC
Jul 14, 2006
—
Broad Street Inv Grp LLC
—
Deed Of Trust
related
$136,000 · J&e Inv Co LLC
May 3, 2006
$130,000
Rosa Garcia
61 W Coit Street LLC
Warranty Deed
—
Aug 19, 2005
—
Mers
Caraballo,dioyca
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jan 6, 2004
$165,000
Dioyca Caraballo
Dejesus,vincent
Warranty Deed
$140,250 · Finance America LLC
Apr 4, 2000
—
Vincent Dejesus
—
Deed Of Trust
related
$102,000 · Mansfield Mortgage Services
Jan 27, 1998
—
Vincent Dejesus
—
Deed Of Trust
related
$76,507 · Associate Home Equity
Jul 15, 1994
—
Vincent Dejesus
—
Deed Of Trust
related
$66,960 · Ford Consumer Finance Co
Dec 9, 1993
—
Vincent Dejesus
—
Deed Of Trust
related
$61,932 · Ford Consumer Finance Co
Jul 23, 1991
—
Vincent Dejesus
—
Deed Of Trust
related
$57,008 · Ford Consumer Credit Corp
Mar 23, 1988
—
Vincent C Dejesus
—
Deed Of Trust
related
$35,000 · Stonington Comm Cu
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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