None · Hartford, CT 06112

$145,000

3 bd · 1.5 ba · 1,135 sqft · Condo · 83 Days on market

Built 1950 Fair condition $128/sqft · 42% below area Est $250k · 42% under $250/mo HOA · 11% of rent ↓ 3% since listing

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Why this score? — see what drove the A- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Schools +1.4/10.0

Listing remarks MLS

Affordable 3 bedroom Condo. It can work as either an owner occupant home purchase or rental investment Min Floor laundry area for convenience. One assigned parking space with guest parking available on first come first serve basis. Advantageous location very near health clinic and YMCA. Close by exciting Dunkin Park with Yard Goats minor league baseball, Webster Bank Arena with UConn basketball among other attractions, Comcast Theater, Keney Park Golf Course rated the best in Connecticut by the worldwide The Discovery publication, shopping, bus lines, rail lines highway access are all a short distance away.. Insurance , Financial, and Medical, etc. corporate employers also nearby.

Key facts

• Webster bank arena
• Health clinic
• Uconn basketball

Tags

• CONVENIENT LOCATION
• HEALTH CLINIC
• YMCA
• DUNKIN PARK
• WEBSTER BANK ARENA
• UCONN BASKETBALL

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath condo listed at $145k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $548 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $136k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 76/100 on livability (#58 in CT, #3,553 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A+; Watch: schools D-, crime F, employment F.
• Hartford School District (urban): math 13% / reading 21% proficiency, ranked #150 of 153 in CT (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 84% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 47 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,867 units permitted in Capitol Planning Region in 2024 (1,399 in 5+ unit buildings).
• At $2,279/mo this rent would consume 62% of the median local household income ($44k/yr) (locally 1466% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $16k of equity ($1k loan paydown + $14k appreciation (10.0% local appreciation)).
• At projected returns (10.0% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$39k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 83 days — a 6% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $136,300 (6.0% below list)

Questions for the listing agent

1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
9. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.57% ✓
• Cap rate: 10.83%
• Cash-on-cash: 16.21%
• DSCR: 1.72
• GRM: 5.3

CMA / ARV

• ARV (median comp): $250,465
• List price: $145,000
• Delta: -42.11%
• Verdict: UNDERPRICED
• Comps: 20 within 2.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 36.3%
• Equity multiple: 3.81×
• Total profit: $114,083
• Equity at exit: $130,627

10-year hold

• IRR: 31.3%
• Equity multiple: 8.61×
• Total profit: $308,865
• Equity at exit: $281,703

Cash invested: $40,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 27 Tenant-Leaning
• State Connecticut: 27 Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Strong tenant statutes; rent commissions in some towns; courts slow especially in cities.

Methodology + full state rankings →

ZIP-level market 06112

• Home prices YoY: 4.9%
• Active inventory: 47
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $2,279 high
• Mortgage (P&I): −$760
• Tax est. 1.5%: −$181 /mo · $2,175/yr
• Insurance: −$60
• HOA: −$250
• Vacancy / Maint / Mgmt: −$479
• Net cashflow: $548

Break-even live

Break-even rent $1,585

Max offer price $145,000

Occupancy floor 71%

Sensitivity live

Price	-10% $649	-5% $598	+0% $548	+5% $498	+10% $448
Rent	-10% $368	-5% $458	+0% $548	+5% $638	+10% $728
Rate	-1.0pp $621	-0.5pp $585	base $548	+0.5pp $511	+1.0pp $473

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
160 Wooster St Hartford, CT	3.0	1.0	1200	$2,080	$1.73	2d	1	0.60mi
1143 Main St Hartford, CT	3.0	1.0–2.0	962	$3,641	$3.78	3d	203	0.99mi
1212 Main St Hartford, CT	2.0	1.0–2.0	766	$3,027	$3.95	3d	18	1.04mi
915 Main St Hartford, CT	1.0–2.0	1.0–2.0	1415	$1,940	$1.37	4d	5	1.17mi
21 Temple St Hartford, CT	4.0	1.0–2.5	836	$1,876	$2.24	11d	8	1.21mi
55 Trumbull St Hartford, CT	1.0–2.0	1.0–2.0	1015	$1,995	$1.97	11d	8	1.23mi
100 Wells St Hartford, CT	2.0	1.0–1.5	950	$2,250	$2.37	24d	1	1.40mi

HOA detail condo

• Monthly dues: $250 · $3,000/yr
• Likely covers: parking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 19 events

1. 2026-06-18
   days on market $145,000 Active 83 DOM
2. 2026-06-17
   days on market $145,000 Active 82 DOM
3. 2026-06-16
   days on market $145,000 Active 81 DOM
4. 2026-06-15
   days on market $145,000 Active 80 DOM
5. 2026-06-13
   days on market $145,000 Active 78 DOM
6. 2026-06-13
   pricedays on market $145,000 Active 77 DOM
7. 2026-06-10
   days on market $145,005 Active 75 DOM
8. 2026-06-09
   days on market $145,005 Active 74 DOM
9. 2026-06-08
   days on market $145,005 Active 73 DOM
10. 2026-06-07
    days on market $145,005 Active 72 DOM
11. 2026-06-05
    days on market $145,005 Active 69 DOM
12. 2026-06-03
    days on market $145,005 Active 68 DOM
13. 2026-06-02
    days on market $145,005 Active 67 DOM
14. 2026-06-01
    days on market $145,005 Active 66 DOM
15. 2026-05-31
    days on market $145,005 Active 65 DOM
16. 2026-04-29
    price $150,000 689-char remark

    Show marketing remark (689 chars)

    Affordable 3 bedroom Condo. It can work as either an owner occupant home purchase or rental investment Min Floor laundry area for convenience. One assigned parking space with guest parking available on first come first serve basis. Advantageous location very near health clinic and YMCA. Close by exciting Dunkin Park with Yard Goats minor league baseball, Webster Bank Arena with UConn basketball among other attractions, Comcast Theater, Keney Park Golf Course rated the best in Connecticut by the worldwide The Discovery publication, shopping, bus lines, rail lines highway access are all a short distance away.. Insurance , Financial, and Medical, etc. corporate employers also nearby.

17. 2026-04-29
    status Active 689-char remark

    Show marketing remark (689 chars)

    Affordable 3 bedroom Condo. It can work as either an owner occupant home purchase or rental investment Min Floor laundry area for convenience. One assigned parking space with guest parking available on first come first serve basis. Advantageous location very near health clinic and YMCA. Close by exciting Dunkin Park with Yard Goats minor league baseball, Webster Bank Arena with UConn basketball among other attractions, Comcast Theater, Keney Park Golf Course rated the best in Connecticut by the worldwide The Discovery publication, shopping, bus lines, rail lines highway access are all a short distance away.. Insurance , Financial, and Medical, etc. corporate employers also nearby.

18. 2026-04-21
    historical 689-char remark

    Show marketing remark (689 chars)

    Affordable 3 bedroom Condo. It can work as either an owner occupant home purchase or rental investment Min Floor laundry area for convenience. One assigned parking space with guest parking available on first come first serve basis. Advantageous location very near health clinic and YMCA. Close by exciting Dunkin Park with Yard Goats minor league baseball, Webster Bank Arena with UConn basketball among other attractions, Comcast Theater, Keney Park Golf Course rated the best in Connecticut by the worldwide The Discovery publication, shopping, bus lines, rail lines highway access are all a short distance away.. Insurance , Financial, and Medical, etc. corporate employers also nearby.

19. 2026-03-18
    listed $155,000 Active 689-char remark

    Show marketing remark (689 chars)

    Affordable 3 bedroom Condo. It can work as either an owner occupant home purchase or rental investment Min Floor laundry area for convenience. One assigned parking space with guest parking available on first come first serve basis. Advantageous location very near health clinic and YMCA. Close by exciting Dunkin Park with Yard Goats minor league baseball, Webster Bank Arena with UConn basketball among other attractions, Comcast Theater, Keney Park Golf Course rated the best in Connecticut by the worldwide The Discovery publication, shopping, bus lines, rail lines highway access are all a short distance away.. Insurance , Financial, and Medical, etc. corporate employers also nearby.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥97°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,348
• − Mortgage interest: −$8,122
• − Property taxes: −$2,175
• − Insurance: −$725
• − Repairs & maintenance: −$2,188
• − Management: −$2,188
• − HOA: −$3,000
• − Depreciation: −$4,218
• Taxable income: $4,732
• Est. tax owed @ 24.0%: −$1,136
• After-tax cash flow: $5,444/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This property requires moderate renovations to improve its exterior and curb appeal, which would significantly increase its resale and rental value.

Repairs flagged

• Major Brick facade — Severe weathering and staining
• Major Siding — Weathered and in poor condition
• Major Landscaping — Needs significant improvement

Value-add opportunities

• Both Painting and updating the exterior — Enhances curb appeal and resale value
• Both Landscaping improvements — Boosts curb appeal and rental value
• Rental HVAC system inspection and maintenance — Improves comfort and tenant satisfaction

Renovation cost estimate screening

Repair item	Severity	Est. cost
Brick facade · Severe weathering and staining	Major	$15,000–50,000
Siding · Weathered and in poor condition	Major	$15,000–50,000
Landscaping · Needs significant improvement	Major	$15,000–50,000
Total estimated repair cost · 3 items		$45,000–150,000

Value-add ROI direction

• Both Painting and updating the exterior — Enhances curb appeal and resale value ↑
• Both Landscaping improvements — Boosts curb appeal and rental value ↑
• Rental HVAC system inspection and maintenance — Improves comfort and tenant satisfaction ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Hartford School District
• NCES district ID: 0901920
• Math proficiency: 13% ▼ -5.00%
• Reading proficiency: 21% ▼ -6.00%
• Median HH income: $30,521
• Composite: 13.54/100
• National rank: #9514
• State rank: #150 of 153 in CT

Livability — Hartford

• Score: 76/100
• State rank: #58
• US rank: #3553

Category grades

Amenities A+ Commute A+ Cost of living A- Crime F Employment F Housing B Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hartford, CT
• County: Hartford County · 754,208 people
• City population: 121,162
• Metro: Hartford-East Hartford-Middletown, CT
• Population (ZIP): 22,333
• Household income: $44,460
• Rent vs Own: 60.4% rent · 39.6% own
• Severe rent burden: 1466.0

Population outlook (Capitol County) Hauer SSP2

• By 2040: 1,063,519

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (68%)
• Race & ethnicity: Black 68% Hispanic / Latino 19% White 9% Two or more races 6%
• Hispanic origin (detail): Puerto Rican 15% Dominican 1%
• Common ancestry: Hispanic 2%
• Foreign-born: 26% · Canada
• Languages at home: 81% English-only · Spanish 14% French/Haitian/Cajun 2% Other Indo-European 1%

Political lean MEDSL · Capitol

• 2024 margin: Strong D (+21.9) · D 60.1% · R 38.2% · Other 1.7%
• All cycles: 2024: D+21.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 14.58%
• Current HPI: 310.7763
• Rent YoY: —
• Metro: Hartford-East Hartford-Middletown, CT
• State GDP YoY: ▲ 1.06%
• F500 in state: 38

Industry mix (Fortune 500 HQ in CT)

Industry	F500 HQs	Revenue
▸Industrial Machinery	4	$38B
▸Insurance	3	$71B
▸Financial Services	2	$25B
▸Transportation / Logistics	2	$18B
▸Healthcare	1	$247B
▸Telecommunications	1	$55B

Price history

-3.2% since first listed

4 events — show timeline

• 2026-04-29 Price Changed $150,000 Smart MLS
• 2026-04-29 Relisted — Smart MLS
• 2026-04-21 Listing Removed — Smart MLS
• 2026-03-18 Listed $155,000 Smart MLS