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    Property profile & analytics

    7 Prest St New London, CT 06320-5625

    • Residential income homes
    • 1,776 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Apr 18, 2022
    Location Intelligence
    Property ID
    US15-0617993
    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 7 Prest St

    Year built
    1982
    Lot size
    0.14 lot acres
    Property size
    1,776 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    NLON M:E12 B:0165 L:0018
    APU
    NLONME12B0165L0018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    New London
    State
    Connecticut
    Longitude
    -72.1049
    Latitude
    41.3532
    CBSA code
    35980
    CBSA name
    NORWICH-NEW LONDON, 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
    $2,711
    $13,720
    $59,080
    $72,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $90,000
      2,400 SF

      205 Shaw St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,400 SF
      205 Shaw St, New London, CT 06320-5455
      View Details
    • Value Estimation
      $140,000
      2,430 SF

      45 Sherman St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,430 SF
      45 Sherman St, New London, CT 06320-4539
      View Details
    • Value Estimation
      $185,000
      3,192 SF

      143 1st Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,192 SF
      143 1st Ave, New London, CT 06320-4154
      View Details
    • Value Estimation
      $215,000
      2,684 SF

      212 Bayonet St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,684 SF
      212 Bayonet St, New London, CT 06320-3939
      View Details
    • Value Estimation
      $205,000
      2,936 SF

      233 Broad St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,936 SF
      233 Broad St, New London, CT 06320-5369
      View Details
    • Value Estimation
      $290,000
      4,694 SF

      17 Ctr St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,694 SF
      17 Ctr St, New London, CT 06320-5316
      View Details

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      Three-condo investment opportunity in a well-maintained building with modern updates.
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    Similar Nearby for Lease

    • $1,950 /Mo

      New Apartment with Included Utilities

      One-bedroom apartment with new appliances and included utilities for rent.
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      View Details
    • $1,250 /Mo

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    • $1,350 /Mo

      Remodeled One-Bedroom Apartment

      Third-floor apartment with updated finishes, available for immediate occupancy.
      192 Shaw St, New London, CT 06320
      View Details
    • $2,700 /Mo

      Spacious Four-Bedroom Apartment Available

      Large, renovated 4-bedroom apartment with parking and in-unit laundry.
      68 Connecticut Ave, New London, CT 06320
      View Details
    • $2,800 /Mo

      Waterfront Living with Private Roof

      Two-bedroom apartment with amenities and convenient location.
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      View Details
    • $850 /Mo

      Remodeled One-Bedroom Apartment for Rent

      Newly remodeled one-bedroom unit in New London, CT.
      96 Green St, New London, CT 06320
      View Details
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    7 Prest St
    New London, CT 06320-5625
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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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