11 Woodland Ave Unit C · West Hartford, CT 06002

$246,000

2 bd · 1.5 ba · 1,368 sqft · Condo public records · 3 Days on market

Built 1971 $370/mo HOA · 14% of rent

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Why this score? — see what drove the D- 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 +11.2/30.0
• ARV discount +7.5/15.0
• 1% rule +5.7/10.0
• Livability +4.0/5.0
• DSCR +3.3/10.0
• Rent growth +3.3/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Courtyard location near swimming pool. Large rooms - great floor plan, huge basement.

Key facts

• Community pool
• Updated condo
• Open backyard space

Tags

• UPDATED CONDO
• OPEN BACKYARD SPACE
• COMMUNITY POOL

Property features AI

Finance

• Other: Pets allowed
• HOA & community: Homeowners association with monthly fee; HOA includes clubhouse, grounds maintenance, trash pickup, snow removal, heat, water, property management and pool service

Exterior

• Parking: Paved parking; 2 parking spaces
• Utilities: Public water connected; Public sewer connected
• Home design: Condominium (unit in Bloomfield Village); Two levels in unit
• Construction: Frame construction
• Exterior features: Vinyl siding; Level lot; In-ground swimming pool with pool house

Interior

• Kitchen: Electric cooktop; Microwave; Range hood; Refrigerator; Dishwasher; Garbage disposal
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bath; 1 half bath
• Heating & cooling: Gas heating
• Interior features: Central air conditioning; Full basement
• Laundry & utility: Washer and electric dryer in lower level/basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath condo listed at $246k.

Deal economics

• At list price, monthly cash flow is $-94 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $229k (6.7% below list).
• Meets the 1% rule at list price ($3k rent vs $246k).
• Recommended offer: $229k (6.7% below list) — sets the bar for cash-flow.
• Cap rate 5.8% vs local median 3.3% in West Hartford — 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 (#27 in CT, #1,989 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime B+; Watch: amenities F, cost of living F.
• Bloomfield School District (suburban): math 16% / reading 30% proficiency, ranked #137 of 153 in CT (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Laurel School (307 students, 67% FRL); Carmen Arace Middle School (math 19% / reading 30%, grade F, #153 of 175 statewide, top 88%, 246 students, 61% FRL); Bloomfield High School (math 17% / reading 47%, grade F, #129 of 194 statewide, top 69%, 525 students, 58% FRL) — zoned schools average 62% FRL vs 44% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.1%/yr); 67 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,867 units permitted in Capitol Planning Region in 2024 (1,399 in 5+ unit buildings).
• This rent runs 32% of the median local income ($98k/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 $7k of value loss. Plan a longer hold.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 26y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $108k; list at $246k implies a 128% gain — meaningful room to come down on a strong offer.

Recommended offer $229,402 (6.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. 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?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 1.07% ✓
• Cap rate: 5.83%
• Cash-on-cash: -1.64%
• DSCR: 0.93
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.11% rent growth · sell at horizon

5-year hold

• IRR: -18.7%
• Equity multiple: 0.34×
• Total profit: $-45,232
• Equity at exit: $36,679

10-year hold

• IRR: -10.5%
• Equity multiple: 0.35×
• Total profit: $-44,579
• Equity at exit: $21,270

Cash invested: $68,880 (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 06002

• Rents YoY: 3.1%
• Active inventory: 67
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $2,621 high
• Mortgage (P&I): −$1,290
• Tax from tax record: −$402 /mo · $4,820/yr
• Insurance: −$102
• HOA: −$370
• Vacancy / Maint / Mgmt: −$550
• Net cashflow: $-94

Break-even live

Break-even rent $2,740

Max offer price $229,402

Occupancy floor 99%

Sensitivity live

Price	-10% $45	-5% $-24	+0% $-94	+5% $-164	+10% $-233
Rent	-10% $-301	-5% $-197	+0% $-94	+5% $10	+10% $113
Rate	-1.0pp $30	-0.5pp $-31	base $-94	+0.5pp $-158	+1.0pp $-223

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: $61,500
• Closing costs: $7,380
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
55 Tunxis Ave Bloomfield, CT	1.0–3.0	1.0–2.0	1003	$2,346	$2.34	45d	1	0.35mi
14 Revere Dr Bloomfield, CT	2.0	1.0	980	$2,088	$2.13	45d	1	0.95mi
65 Jolley Dr Bloomfield, CT	1.0–3.0	1.0–2.0	1054	$3,312	$3.14	45d	16	0.99mi
100 Ryefield Village Dr Bloomfield, CT	2.0–4.0	2.5	1692	$3,639	$2.15	3d	9	1.04mi
95 Filley St Bloomfield, CT	1.0–2.0	1.0–2.0	1020	$2,660	$2.61	3d	7	1.42mi
627 Brighton Park Way Bloomfield, CT	1.0–2.0	1.0–2.0	883	$2,757	$3.12	3d	10	1.42mi

HOA detail condo

• Monthly dues: $370 · $4,440/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 3 events

1. 2026-06-21
   days on market $246,000 Active 3 DOM
2. 2026-06-19
   remarks 699-char remark
3. 2026-06-19
   listed $246,000 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: $4,820 · $402/mo
• Projected year-2 tax: $5,042 · $420/mo
• Expected delta: +$222/yr (+$19/mo · 4.6%)

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

Taxation est. · year 1

• Rental income: $31,447
• − Mortgage interest: −$13,780
• − Property taxes: −$4,820
• − Insurance: −$1,230
• − Repairs & maintenance: −$2,516
• − Management: −$2,516
• − HOA: −$4,440
• − Depreciation: −$7,156
• Taxable loss: −$5,011
• Est. tax savings @ 24.0%: +$1,203
• After-tax cash flow: $75/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: Bloomfield School District
• NCES district ID: 0900330
• Math proficiency: 16% ▼ -13.00%
• Reading proficiency: 30% ▼ -12.00%
• Median HH income: $71,180
• Composite: 22.37/100
• National rank: #8120
• State rank: #137 of 153 in CT

Livability — West Hartford

• Score: 79/100
• State rank: #27
• US rank: #1989

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Hartford County · 754,208 people
• City population: 63,441
• Metro: Hartford-East Hartford-Middletown, CT
• Population (ZIP): 21,865
• Household income: $98,162
• Rent vs Own: 28.8% rent · 71.2% own
• Severe rent burden: 692.0

Population outlook (Capitol County) Hauer SSP2

• By 2040: 1,063,519

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: Black 54% White 30% Hispanic / Latino 8% Two or more races 6% Asian 4%
• Hispanic origin (detail): Puerto Rican 4%
• Common ancestry: Romanian 2% Lithuanian 2% Scotch-Irish 2%
• Foreign-born: 25% · Canada, Vietnam, China
• Languages at home: 82% English-only · Spanish 6% Other Indo-European 2% French/Haitian/Cajun 2%

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: ▼ -175.76%
• Current HPI: 198.4604
• Rent YoY: ▲ 3.11%
• 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

+196.4% since first listed

9 events — show timeline

• 2026-06-18 Listed $246,000 Smart MLS
• 2004-07-07 Sold (Public Records) $54,000 Public Records
• 2004-07-07 Sold (Public Records) $54,000 Public Records
• 2004-07-07 Sold (MLS) $108,000 Smart MLS
• 2004-05-27 Listed $110,000 Smart MLS
• 2000-07-18 Sold (Public Records) $70,100 Public Records
• 2000-07-17 Sold (MLS) $70,100 Smart MLS
• 2000-04-27 Listed $69,900 Smart MLS
• 1988-01-27 Sold (Public Records) $83,000 Public Records

Property tax history

+3.3%/yr

Latest (2025): $4,820 · +57.5% YoY. Source: county tax records.