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Property profile & analytics
OFF-MARKET
Specialty properties
85 Kitts Ln Newington, CT 06111-3935
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0253838
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1957
Construction
FRAME
Total area
2,840 SF
Lot
0.71 ac (30,928 SF)
Zoning code
B-BT
APN
NEWI M:17 B:164 L:0
UPID
US15-0253838
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
-
The Lincoln Room - Newington Wedding Service
-
Veterans of Foreign Wars Post 9836 Bar & Pub
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
Dillys Properties LLC · 4 yrs held
Dillys Properties LLC
since 2021
Last sale
$325,000
7 recorded transactions
Zoning & alternative use
B-BT · Newington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Section 3.15 Special Permits Allowed in B-BT Business Berlin Turnpike Zone The following uses are declared to possess such special characteristics that each must be considered a special permit. They may be permitted by the Commission subject to the following conditions and the provisions of
Zone name
Business Berlin Turnpike
General category
COMMERCIAL
Zone area
191.97 ac
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 Newington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newington 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
$8,056
Tax year 2023
Assessed value
$210,000
Assessed 2023
Previous assessed
$210,000
+0.0% YoY
Effective rate
3.84%
On assessed value
Assessed land
$140,000
Assessed improvement
$70,000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1957
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
2,840 SF
Lot
0.71 ac (30,928 SF)
Zoning code
B-BT
APN
NEWI M:17 B:164 L:0
UPID
US15-0253838
Jurisdiction
NEWINGTON
Zoning & alternative use
B-BT · Newington, CTZoning B-BT · permitted uses
B-BT · Newington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Section 3.15 Special Permits Allowed in B-BT Business Berlin Turnpike Zone The following uses are declared to possess such special characteristics that each must be considered a special permit. They may be permitted by the Commission subject to the following conditions and the provisions of
Zone name
Business Berlin Turnpike
General category
COMMERCIAL
Zone area
191.97 ac
Building & site characteristics
From public records
Year built
1957
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Dillys Properties LLC
Entity
Mailing address
85 KITTS LN, NEWINGTON, CT 06111-3935
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Dec 29, 2023
—
Dillys Properties LLC
—
Deed
related
$200,000 · Nbt Bank National Association
Dec 13, 2021
$325,000
Dillys Properties LLC
75 Kitts Lane LLC
Warranty Deed
$150,000 · Webster Bank
Dec 13, 2021
—
Dillys Properties LLC
75 Kitts Lane LLC
Quit Claim Deed
related
—
Oct 30, 2020
—
75 Kitts Lane LLC
Foreign Wars Of The USA
Warranty Deed
—
Apr 7, 1998
—
9836 Vet Foreign Wars
—
Deed Of Trust
related
$25,000 · Savings Bank Of Manchester
Sep 6, 1994
—
Cpl Vets Foreign Wars
—
Deed Of Trust
related
$15,000 · Savings Bank Of Manchester
May 25, 1990
—
Cpl J Rudek Post
—
Deed Of Trust
related
$50,000 · United Bank & Trust Co
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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