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Property profile & analytics
OFF-MARKET
Residential income homes
88 Riverview Ave New London, CT 06320-5413
Individually Owned
4-yr Hold
Property ID
US15-0181064
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1900
Total area
3,168 SF
Lot
0.23 ac (9,830 SF)
APN
NLON M:F18 B:0076 L:0019
UPID
US15-0181064
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
Kesia D Green · 4 yrs held
Kesia D Green
since 2022
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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,437
Tax year 2024
Assessed value
$197,700
Assessed 2024
Previous assessed
$132,230
+49.5% YoY
Effective rate
2.75%
On assessed value
Assessed land
$42,600
Assessed improvement
$155,100
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
1900
Heating
STEAM
Buildings
1
Stories
2
Units
4
Rooms
12
Bathrooms
4
Total area
3,168 SF
Lot
0.23 ac (9,830 SF)
APN
NLON M:F18 B:0076 L:0019
UPID
US15-0181064
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
1900
Heating
STEAM
Stories
2
Buildings
1
Units
4
Rooms
12
Bathrooms
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
Kesia D Green
Individual
Mailing address
417 7TH AVE, BROOKLYN, NY 11215-8304
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2022
—
Kesia D Green
Kesia D Green
Deed
related
—
Jan 10, 2022
$365,000
Riverview Apt 88 LLC
Old Ironside LLC
Warranty Deed
$273,500 · Jewett City Savings Bank
Sep 19, 2008
$86,614
Old Ironsides LLC
Velez,elvis A
Warranty Deed
—
Apr 29, 2005
$285,000
Elvis Velez
Guzman,marino
Warranty Deed
$228,000 · Accredited Home Lenders
Apr 29, 2005
—
Elvis Velez
—
Deed Of Trust
related
$57,000 · Accredited Home Lenders
Jan 6, 2005
—
Marino Guzman
—
Deed Of Trust
related
$208,800 · Argent Mortgage Co LLC
Dec 9, 2002
—
Marino E Guzman
—
Deed Of Trust
related
$149,600 · Northside Mortgage Group
May 18, 2001
—
Marino E Guzman
—
Deed Of Trust
related
$131,750 · Peoples Choice Home Loan INC
Dec 8, 1997
—
Marino E Guzman
—
Deed Of Trust
related
$18,450 · Zirmak Mortgage INC
Mar 26, 1993
$80,000
Marino E Guzman
Boston Five Cents Sb
Grant Deed
$76,000 · Boston Five Mortgage
Sep 16, 1988
$178,000
Edward W Fargo SR
Gesner,charles W
Grant Deed
$142,400 · Boston Five Mortgage
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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