2514 BerlinNewington, CT 06111

  • Turn key restaurants
  • 704 SF
Off market
$1,502,820 Estimated

Property Details for 2514 Berlin

Year built
1950
Construction
FRAME
Lot size
0.15 AC
Property size (Sq ft)
704 SF
Zone code
B-BT
Property type
Turn key restaurants
APN
NEWI M:23 B:168 L:0
APU
NEWIM23B168L0

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $133,174
    6.5%
    $122,930
    7%
    $114,149
  • Comparable approach

    Method
    Valuation
    Relative Method
    $95,664
    Geo Method
    $95,664
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $239,726
    Mixed-Use / Specialty
    $122,492
    Hospitality / Lodging
    $89,868.40
    Office
    $121,764
    Institutional / Educational
    $127,342
    Residential Income
    $148,990
    Multifamily
    $178,691
    Automotive / Energy
    $109,150
    Parking / Income-Based Land
    $37,666.50
    Restaurant / Food Service
    $63,709
    Healthcare / Senior Housing
    $125,613

Location Insight

City
Newington
County
Hartford
State
Connecticut
Latitude
41.6829
Longitude
-72.7098
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
$10,056
$210,000
$52,160
$262,160
-
-
-
-

FAQs

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