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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Apartment buildings
83 Main St East Haddam, CT 06423-1394
Individually Owned
Absentee Owner
Property ID
US15-0246825
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1850
Construction
CONCRETE
Total area
11,265 SF
Lot
1.9 ac (82,764 SF)
Zoning code
EHVD
APN
EHDM M:M26 L:L016
UPID
US15-0246825
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
$1.05M
Blend (final)
Blend
$1.00M
Owner & transaction history
Donald F Tedford
Donald F Tedford
since 2025
6 recorded transactions
Zoning & alternative use
EHVD · East Haddam, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
East Haddam Village District
General category
UNKNOWN
Zone area
131.04 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.5M
+28.6%
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 East Haddam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Haddam 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,195,000
Current use
COMMERCIAL (GENERAL)
$1,540,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10%
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
$89 / 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
$18,136
Tax year 2024
Assessed value
$677,740
Assessed 2024
Previous assessed
$677,740
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$203,910
Assessed improvement
$473,830
Applied tax rate
264.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1850
Construction
CONCRETE
Heating
HOT WATER
Buildings
1
Stories
3
Units
12
Total area
11,265 SF
Lot
1.9 ac (82,764 SF)
Zoning code
EHVD
APN
EHDM M:M26 L:L016
UPID
US15-0246825
Jurisdiction
EAST HADDAM
Zoning & alternative use
EHVD · East Haddam, CTZoning EHVD · permitted uses
EHVD · East Haddam, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
East Haddam Village District
General category
UNKNOWN
Zone area
131.04 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1850
Construction
CONCRETE
Heating
HOT WATER
Stories
3
Buildings
1
Units
12
Lot
1.9 ac
Current owner
From public records · entity-resolved
Donald F Tedford
Individual
Mailing address
4 OAK DR, MARLBOROUGH, CT 06447-1133
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2025
$2,028,000
Donald F Tedford
Champion House LLC
Warranty Deed
—
Aug 30, 2024
—
Champion House LLC
—
Deed
related
$100,000 · Webster Bank
Mar 11, 2024
—
Champion House LLC
—
Deed
related
$200,000 · Webster Bank
Jul 21, 2022
—
Champion House LLC
Barry E O'doherty
Quit Claim Deed
related
—
Jan 29, 2014
—
Doherty,william Tr & Sheila Tr
Doherty,william & Sheila
Quit Claim Deed
related
—
Dec 23, 1998
—
William Doherty
—
Deed Of Trust
related
$190,000 · Hometown Bank Coop
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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