406 BerlinEast Berlin, CT 06023

  • Other commercial real estate
  • 7,214 SF
Off market
$5,610,620 Estimated

Property Details for 406 Berlin

Year built
1905
Construction
FRAME
Lot size
0.56 AC
Property size (Sq ft)
7,214 SF
Zone code
GI
Property type
Other commercial real estate
Property subtype
Showrooms
APN
BERL M:17-2 B:151 L:1B
APU
BERLM172B151L1B

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,753,254
    6.5%
    $1,618,388
    7%
    $1,502,789
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,375,305
    Geo Method
    $2,375,305
  • Alternative Use

    Use
    Valuation
    Residential
    $1,365,171
    Hospitality
    $1,250,489
    Educational
    $1,040,392
    Medical
    $1,076,173
    Retail
    $1,618,388
406 Berlin, East Berlin, Connecticut

Location Insight

City
East Berlin
County
Hartford
State
Connecticut
Latitude
41.6186
Longitude
-72.7134
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,652
$84,200
$208,500
$292,700
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-
-
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