14 Center Ct · Newington, CT 06111

$250,000

3 bd · 1.0 ba · 1,201 sqft · SingleFamily public records · 14 Days on market

Built 1927 10,018 sqft lot Est $372k · 33% under

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Why this score? — see what drove the C+ 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 +20.2/30.0
• ARV discount +15.0/15.0
• DSCR +6.4/10.0
• 1% rule +5.6/10.0
• Schools +4.1/10.0
• Livability +4.0/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

PRICED TO SELL! Opportunity awaits in the heart of Newington! This 3-bedroom, 1-bath home offers tremendous potential for investors, flippers, or owner-occupants looking to build equity with some updates and TLC. Conveniently located in the center of town, you'll enjoy easy walking access to local shops, restaurants, parks and other amenities that make Newington such a desirable place to live. The home features a functional layout and solid bones, providing the perfect canvas to renovate and customize to your vision. Whether you're searching for your next investment project or a place to make your own, this property presents an excellent value in a prime location. Bring your ideas and unloc

Key facts

• Solid bones
• Functional layout
• Parks

Tags

• EASY WALKING ACCESS
• LOCAL SHOPS
• RESTAURANTS
• PARKS
• SOLID BONES
• FUNCTIONAL LAYOUT

Property features AI

Finance

• Other: Property listed for sale as single-family

Exterior

• Parking: Detached garage (1-car)
• Utilities: Public water connected; Public sewer connected
• Home design: Single-family home
• Construction: Frame construction; Asphalt shingle roof; Concrete and masonry foundation; White exterior
• Exterior features: Level lot; Deck; White vinyl siding

Interior

• Kitchen: Electric range; Range hood; Refrigerator; Dishwasher
• Bedrooms: Three bedrooms
• Bathrooms: One full bathroom
• Heating & cooling: Hot water heating (oil-fired); Window cooling unit; Oil hot water and oil hot water heater located in basement
• Interior features: Six total rooms; One fireplace; Full, unfinished basement; Has attic with access via hatch
• Laundry & utility: Washer and electric dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $250k.

Deal economics

• At list price, monthly cash flow is $314 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $250k).
• Cap rate 7.8% vs local median 4.4% in Newington — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 79/100 on livability (#30 in CT, #2,143 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Newington School District (suburban): math 38% / reading 53% proficiency, ranked #87 of 153 in CT (top 57%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 15% free/reduced lunch — higher-income household profile.
• Zoned schools: Elizabeth Green School (math 42% / reading 47%, grade F, #272 of 553 statewide, top 50%, 286 students, 37% FRL); Newington High School (math 52% / reading 70%, grade C+, #43 of 194 statewide, top 22%, 1,327 students, 32% FRL) — zoned schools average 35% FRL vs 15% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents flat; 94 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,867 units permitted in Capitol Planning Region in 2024 (1,399 in 5+ unit buildings).
• This rent runs 31% of the median local income ($103k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $112k; list at $250k implies a 122% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1927 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $250,000

Questions for the listing agent

1. Built in 1927 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.06% ✓
• Cap rate: 7.80%
• Cash-on-cash: 5.39%
• DSCR: 1.24
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $372,310
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
123 Ellsworth St	0.23mi	3/1.5	1,132 (-6%)	6mo	$365,000	$322	73
72 Hawley St	0.21mi	3/1.5	1,288 (+7%)	9mo	$303,000	$235	69
88 Hawley St	0.24mi	3/1.5	1,333 (+11%)	1mo	$370,000	$278	68
36 Hartt Ln	0.27mi	3/2.0	1,305 (+9%)	7mo	$405,000	$310	63
42 Sunset Rd	0.62mi	3/2.5	1,190 (-1%)	2mo	$395,000	$332	62
681 Main St	0.28mi	2/1.0 (-1)	1,050 (-13%)	1mo	$266,000	$253	60
140 Dowd St	0.61mi	3/1.0	1,272 (+6%)	2mo	$405,000	$318	60
203 Brentwood Rd	0.59mi	3/1.0	1,296 (+8%)	1mo	$401,000	$309	58
128 Wilson Ave	0.64mi	3/1.0	1,286 (+7%)	0mo	$367,500	$286	58
105 Gilbert Rd	0.69mi	3/2.0	1,216 (+1%)	5mo	$360,000	$296	57
180 Connecticut Ave	0.47mi	3/1.0	1,091 (-9%)	9mo	$360,000	$330	56
70 Woodland St	0.75mi	3/2.0	1,307 (+9%)	4mo	$425,000	$325	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.98% rent growth · sell at horizon

5-year hold

• IRR: -10.3%
• Equity multiple: 0.63×
• Total profit: $-25,700
• Equity at exit: $37,276

10-year hold

• IRR: -4.1%
• Equity multiple: 0.76×
• Total profit: $-17,110
• Equity at exit: $21,615

Cash invested: $70,000 (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 06111

• Rents YoY: 1.0%
• Active inventory: 94
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $2,649 high
• Mortgage (P&I): −$1,311
• Tax from tax record: −$363 /mo · $4,358/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$556
• Net cashflow: $314

Break-even live

Break-even rent $2,251

Max offer price $250,000

Occupancy floor 83%

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: $62,500
• Closing costs: $7,500
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
215 Lowrey Pl Newington, CT	1.0–2.0	1.0	835	$2,195	$2.63	2d	1	0.43mi
310 Connecticut Ave Newington, CT	3.0	2.0	1144	$2,400	$2.10	3d	1	0.75mi
92 Indian Hill Rd Newington, CT	3.0	1.0	1250	$2,800	$2.24	44d	1	1.14mi
1 Barrington Dr Unit B Wethersfield, CT	2.0	2.5	1468	$2,500	$1.70	14d	1	1.30mi
83 Main St Newington, CT	1.0–2.0	1.0	825	$2,195	$2.66	2d	1	1.44mi

Listing history 11 events

1. 2026-06-16
   statusdays on market $250,000 Under Contract 14 DOM
2. 2026-06-15
   days on market $250,000 Active 13 DOM
3. 2026-06-13
   days on market $250,000 Active 11 DOM
4. 2026-06-13
   pricedays on market $250,000 Active 10 DOM
5. 2026-06-10
   days on market $300,000 Active 8 DOM
6. 2026-06-09
   days on market $300,000 Active 7 DOM
7. 2026-06-08
   days on market $300,000 Active 6 DOM
8. 2026-06-07
   days on market $300,000 Active 5 DOM
9. 2026-06-05
   days on market $300,000 Active 2 DOM
10. 2026-06-02
    remarks 699-char remark
11. 2026-06-02
    listed $300,000 Active 1 DOM

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

Tax reassessment forecast CT · Partial reset (capped growth)

• Current annual tax: $4,358 · $363/mo
• Projected year-2 tax: $4,854 · $404/mo
• Expected delta: +$496/yr (+$41/mo · 11.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥96°F today · 17 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: $31,787
• − Mortgage interest: −$14,004
• − Property taxes: −$4,358
• − Insurance: −$1,250
• − Repairs & maintenance: −$2,543
• − Management: −$2,543
• − Depreciation: −$7,273
• Taxable loss: −$183
• Est. tax savings @ 24.0%: +$44
• After-tax cash flow: $3,816/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.

Schools (NCES district)

• District: Newington School District
• NCES district ID: 0902880
• Math proficiency: 38% ▼ -14.00%
• Reading proficiency: 53% ▼ -6.00%
• Median HH income: $74,751
• Composite: 41.37/100
• National rank: #3489
• State rank: #87 of 153 in CT

Livability — Newington

• Score: 79/100
• State rank: #30
• US rank: #2143

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Newington, CT
• County: Hartford County · 754,208 people
• City population: 30,896
• Metro: Hartford-East Hartford-Middletown, CT
• Population (ZIP): 30,896
• Household income: $102,884
• Rent vs Own: 21.8% rent · 78.2% own
• Severe rent burden: 553.0

Population outlook (Capitol County) Hauer SSP2

• By 2040: 1,063,519

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 12% Two or more races 8% Asian 7% Black 4%
• Hispanic origin (detail): Mexican 1% Puerto Rican 5%
• Common ancestry: Romanian 12% Lithuanian 7% Russian 3%
• Foreign-born: 20% · Canada, Jamaica, China
• Languages at home: 72% English-only · Spanish 8% Other Indo-European 8% Russian/Polish/Slavic 7%

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: ▼ -194.94%
• Current HPI: 185.3332
• Rent YoY: ▲ 0.98%
• 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

+166.7% since first listed

2 events — show timeline

• 2026-06-01 Listed $300,000 Smart MLS
• 2002-05-15 Sold (Public Records) $112,500 Public Records

Property tax history

+1.4%/yr

Latest (2025): $4,358 · +0.8% YoY. Source: county tax records.