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Property profile & analytics
OFF-MARKET
Estimated value
$2,405,000
Apartment buildings
80 Upton St New Britain, CT 06051-3872
Entity Owned
4-yr Hold
Absentee Owner
Property ID
US15-0602378
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1968
Total area
6,372 SF
Lot
0.14 ac (6,098 SF)
Zoning code
T
APN
NBRI M:A10B B:75
UPID
US15-0602378
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
$2.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.41M
Owner & transaction history
Martinaj Group Invs LLC · 4 yrs held
Martinaj Group Invs LLC
since 2022
Last sale
$2.4M
4 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
Method
Estimation
Statistic approach
$2,390,000
ML approach
$2,465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.41M
Range $2.16M – $2.65M · ±10% · vs last sale $2.38M (May 10 2022)
Last sale anchor
$2.38M
May 10 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$377 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$18,390
Tax year 2024
Assessed value
$464,520
Assessed 2024
Previous assessed
$464,520
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$41,580
Assessed improvement
$422,940
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1968
Heating
NONE
Buildings
1
Stories
3
Units
7
Rooms
23
Bathrooms
6
Total area
6,372 SF
Lot
0.14 ac (6,098 SF)
Zoning code
T
APN
NBRI M:A10B B:75
UPID
US15-0602378
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
1968
Heating
NONE
Stories
3
Buildings
1
Units
7
Rooms
23
Bathrooms
6
Lot
0.14 ac
Current owner
From public records · entity-resolved
Martinaj Group Invs LLC
Entity
Mailing address
831 BEDFORD AVE #516, BROOKLYN, NY 11205-2801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
—
Upton 86 Nbct LLC
—
Deed
related
$2,000,000 · Orix Real Estate Capital Holdings LLC
May 10, 2022
—
Martinaj Group Invs LLC
Martinaj Avni
Quit Claim Deed
related
—
May 10, 2022
$2,380,000
Upton 86 Nbct LLC
Martinaj Group Invs LLC
Warranty Deed
$1,750,000 · Ice Lender Holdings LLC
Sep 18, 2018
$300,000
Martinaj Avni
Sternal,edward
Warranty Deed
$250,000 · Edward Sternal
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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