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Property profile & analytics
OFF-MARKET
Turn key restaurants
797 Farmington Ave Berlin, CT 06037-1304
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0846813
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1935
Construction
FRAME
Total area
1,120 SF
Lot
0.08 ac (3,485 SF)
Zoning code
CCD-2
APN
BERL M:9-1 B:28 L:31B
UPID
US15-0846813
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
Current use
Occupant on record · Public records
-
Zack's Burgers and Shakes Restaurant
-
Cugino's Berlin Restaurant
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
Sevasti LLC · 1 yrs held
Sevasti LLC
since 2025
Last sale
$275,000
7 recorded transactions
Zoning & alternative use
CCD-2 · Berlin, 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 Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berlin 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
$4,543
Tax year 2023
Assessed value
$153,700
Assessed 2023
Previous assessed
$153,700
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$59,300
Assessed improvement
$94,400
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1935
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
1,120 SF
Lot
0.08 ac (3,485 SF)
Zoning code
CCD-2
APN
BERL M:9-1 B:28 L:31B
UPID
US15-0846813
Jurisdiction
BERLIN
Zoning & alternative use
CCD-2 · Berlin, CT
Zoning CCD-2 · permitted uses
CCD-2 · Berlin, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berlin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Sevasti LLC
Entity
Mailing address
45 RIV RD, CROMWELL, CT 06416-2326
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2025
$275,000
Sevasti LLC
Alen Cecunjanin
Warranty Deed
$220,000 · Liberty Bank
Jun 9, 2023
—
Alen Cecunjanin
Alen Cecunjanin
Quit Claim Deed
related
—
Mar 16, 2021
$165,000
Alen Cecunjanin
Xw Restaurants LLC
Warranty Deed
$197,000 · Dade Realty Co LLC
Jun 22, 2001
—
Stephen J Jagiello
—
Deed Of Trust
related
$35,000 · Farmington Savings Bank
May 4, 2001
$40,000
Stephen J Jagiello
Webster Bk
Grant Deed
$30,000 · Farmington Savings Bank
Jun 16, 1995
—
Joseph Paulin
—
Deed Of Trust
related
$10,000 · Mid Conn Bank
Feb 23, 1995
$107,000
Joseoh E Poulin
Humphrey,peter D
Warranty Deed
$125,000 · First Bank Of W Htfd
Jan 4, 1989
$5,000
Peter Humphrey
Italian Political
Grant Deed
—
Aug 14, 1987
$115,000
Peter Humphrey
Cugno,louis
Grant Deed
$86,700 · Zenon Grzybowski
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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