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Property profile & analytics
OFF-MARKET
Residential income homes
73 Riverview Ave New London, CT 06320-5446
Individually Owned
7-yr Hold
Property ID
US15-1306753
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1894
Total area
2,451 SF
Lot
0.19 ac (8,329 SF)
APN
NLON M:E18 B:0077 L:0015
UPID
US15-1306753
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
Jason E Lyon · 7 yrs held
Jason E Lyon
since 2018
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
$5,104
Tax year 2023
Assessed value
$137,060
Assessed 2023
Previous assessed
$137,060
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$33,460
Assessed improvement
$103,600
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
1894
Heating
HEAT PUMP
Buildings
1
Stories
3
Units
4
Rooms
14
Bathrooms
5
Total area
2,451 SF
Lot
0.19 ac (8,329 SF)
APN
NLON M:E18 B:0077 L:0015
UPID
US15-1306753
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
1894
Heating
HEAT PUMP
Stories
3
Buildings
1
Units
4
Rooms
14
Bathrooms
5
Lot
0.19 ac
Current owner
From public records · entity-resolved
Jason E Lyon
Individual
Mailing address
6 HAWTHORNE RD, OLD LYME, CT 06371-1518
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2018
—
Jason E Lyon
Isabel Brown
Warranty Deed
$207,000 · Chelsea Groton Bank
Jan 25, 2008
$239,000
Isabel Brown
Luis E Martinez SR.
Warranty Deed
$227,050 · Citimortgage INC
Jun 7, 2005
—
Luis Martinez SR.
—
Deed Of Trust
related
$136,500 · Homes 123 Corp
Aug 6, 2002
—
Luis E Martinez SR.
—
Deed Of Trust
related
$100,000 · Home American Credit
Apr 15, 1997
$92,000
Luis E Martinez SR.
Jonili INC
Warranty Deed
$63,000 · Option One Mortgage Corp
Dec 17, 1991
—
Francis Raineau
—
Deed Of Trust
related
$85,000 · Ne Federal Savings Bank
Mar 23, 1988
$160,000
Roger W Smith
Lord,walter H
Grant Deed
$128,000 · Ne Federal Savings 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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