168 Bonner St · Hartford, CT 06106

$174,999

2 bd · 1.0 ba · 850 sqft · SingleFamily public records · 34 Days on market

Built 1944 1,306 sqft lot $206/sqft · 18% below area Est $321k · 46% under

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Why this score? — see what drove the B 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 +26.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +6.4/10.0
• Appreciation +5.7/10.0
• Livability +3.8/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0

Listing remarks MLS

Great investment property, rowhouse. Good sized rooms with basement area. Wood floor, lots of potential.

Key facts

• Brand new boiler
• Full attic
• 1,306 sq ft lot

Tags

• BRAND NEW BOILER
• NEW UPSTAIRS BATHROOM
• PRIVATE GATED BACKYARD
• LARGE UNFINISHED BASEMENT
• FULL ATTIC

Property features AI

Finance

• Financial info: Assessed value reported (public record)

Exterior

• Parking: Paved off-street parking; 1 parking space
• Utilities: Public water connected; Public sewer connected; Electric hot water
• Home design: Single-family home
• Construction: Brick construction; Block foundation; Asphalt shingle roof; Built living area reported as 850
• Exterior features: Interior lot

Interior

• Kitchen: Oven/Range; Refrigerator
• Bedrooms: 2 bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Hot water/steam heating; Natural gas fuel
• Interior features: 5 total rooms; Full basement; Attic with access via hatch
• Laundry & utility: 40-gallon electric hot water tank

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $456 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $170k (3.0% 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: Rents rising (+2.4%/yr); 62 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,867 units permitted in Capitol Planning Region in 2024 (1,399 in 5+ unit buildings).
• At $1,996/mo this rent would consume 52% of the median local household income ($46k/yr) (locally 3400% 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 $4k of equity ($1k loan paydown + $2k appreciation (1.4% local appreciation)).
• At projected returns (1.4% appreciation + 2.4% rent growth), your $49k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 22y 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 $63k; list at $175k implies a 178% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1944 — 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 $169,749 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1944 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.14% ✓
• Cap rate: 9.42%
• Cash-on-cash: 11.16%
• DSCR: 1.50
• GRM: 7.3

CMA / ARV

• ARV (median comp): $321,195
• List price: $174,999
• Delta: -45.52%
• Verdict: UNDERPRICED
• Comps: 20 within 2.0 mi

Projected returns pro-forma

1.38% appreciation · 2.37% rent growth · sell at horizon

5-year hold

• IRR: 13.5%
• Equity multiple: 1.70×
• Total profit: $34,249
• Equity at exit: $63,185

10-year hold

• IRR: 16.3%
• Equity multiple: 3.02×
• Total profit: $98,912
• Equity at exit: $86,696

Cash invested: $49,000 (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 06106

• Home prices YoY: 0.4%
• Rents YoY: 2.4%
• Active inventory: 62
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,996 high
• Mortgage (P&I): −$918
• Tax from tax record: −$130 /mo · $1,563/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$419
• Net cashflow: $456

Break-even live

Break-even rent $1,419

Max offer price $174,999

Occupancy floor 72%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
43 Caya Ave West Hartford, CT	1.0–2.0	1.0	775	$1,859	$2.40	11d	6	0.81mi
1 Park Rd West Hartford, CT	2.0	1.0–2.0	913	$3,647	$3.99	3d	18	0.90mi
90 Kane St Unit A4 West Hartford, CT	1.0	1.0	750	$1,600	$2.13	43d	1	0.91mi
109 Caya Ave West Hartford, CT	2.0	1.5	1078	$2,600	$2.41	3d	1	0.94mi
106 Kane St West Hartford, CT	1.0–2.0	1.0–2.0	966	$2,300	$2.38	3d	18	0.96mi
140 Kane St Unit C1 West Hartford, CT	2.0	2.0	1062	$1,900	$1.79	3d	1	0.99mi
136 Kane St Unit C5 West Hartford, CT	1.0	1.0	750	$1,700	$2.27	16d	1	1.03mi
102 Oakwood Ave West Hartford, CT	1.0	1.0	772	$1,500	$1.94	43d	1	1.06mi
29 Crosby St West Hartford, CT	2.0	1.0	1100	$1,950	$1.77	43d	1	1.09mi
167 Seymour St Hartford, CT	3.0–4.0	1.0	1000	$2,025	$2.02	23d	3	1.22mi
158 Seymour St Hartford, CT	3.0	1.0	1114	$2,025	$1.82	23d	2	1.23mi
57 Park St Hartford, CT	3.0	1.0	915	$1,900	$2.08	1d	2	1.41mi
387 Quaker Ln S West Hartford, CT	2.0	1.0	1050	$2,400	$2.29	43d	1	1.43mi
711 Farmington Ave West Hartford, CT	1.0–2.0	1.0–1.5	975	$1,950	$2.00	23d	4	1.47mi

Listing history 28 events

1. 2026-06-18
   days on market $174,999 Active 34 DOM
2. 2026-06-17
   days on market $174,999 Active 33 DOM
3. 2026-06-16
   days on market $174,999 Active 32 DOM
4. 2026-06-15
   days on market $174,999 Active 31 DOM
5. 2026-06-13
   days on market $174,999 Active 29 DOM
6. 2026-06-13
   days on market $174,999 Active 28 DOM
7. 2026-06-10
   days on market $174,999 Active 26 DOM
8. 2026-06-09
   days on market $174,999 Active 25 DOM
9. 2026-06-08
   days on market $174,999 Active 24 DOM
10. 2026-06-07
    days on market $174,999 Active 23 DOM
11. 2026-06-05
    days on market $174,999 Active 20 DOM
12. 2026-06-03
    days on market $174,999 Active 19 DOM
13. 2026-06-02
    days on market $174,999 Active 18 DOM
14. 2026-06-01
    days on market $174,999 Active 17 DOM
15. 2026-05-31
    days on market $174,999 Active 16 DOM
16. 2026-05-14
    listed $174,999 Active 1474-char remark
17. 2022-06-01
    price $75,000
18. 2022-05-31
    historical
19. 2022-03-21
    listed $100,000 Active
20. 2020-08-28
    soldstatus $63,000
21. 2019-11-27
    soldstatus $35,000
22. 2008-04-21
    soldstatus $51,000

    Show marketing remark (104 chars)

    Great investment property, rowhouse. Good sized rooms with basement area. Wood floor, lots of potential.

23. 2008-03-16
    listed $55,900

    Show marketing remark (104 chars)

    Great investment property, rowhouse. Good sized rooms with basement area. Wood floor, lots of potential.

24. 2007-09-10
    historical
25. 2007-03-10
    listed $80,000
26. 2005-01-18
    soldstatus $68,000
27. 2005-01-13
    soldstatus $63,000
28. 2004-06-16
    listed $68,900

ⓘ 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: $1,563 · $130/mo
• Projected year-2 tax: $2,654 · $221/mo
• Expected delta: +$1,091/yr (+$91/mo · 69.8%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 24% 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: $23,948
• − Mortgage interest: −$9,803
• − Property taxes: −$1,563
• − Insurance: −$875
• − Repairs & maintenance: −$1,916
• − Management: −$1,916
• − Depreciation: −$5,091
• Taxable income: $2,784
• Est. tax owed @ 24.0%: −$668
• After-tax cash flow: $4,800/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: 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): 36,322
• Household income: $46,304
• Rent vs Own: 76.7% rent · 23.3% own
• Severe rent burden: 3400.0

Population outlook (Capitol County) Hauer SSP2

• By 2040: 1,063,519

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Hispanic / Latino 60% Two or more races 25% Black 18% White 15% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 42% Dominican 6%
• Common ancestry: Lithuanian 2% Russian 1% Romanian 1%
• Foreign-born: 20% · Canada, Jamaica, China
• Languages at home: 46% English-only · Spanish 47% Other Indo-European 3% Other Asian/Pacific 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: ▲ 1.38%
• Current HPI: 314.0899
• Rent YoY: ▲ 2.37%
• 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

+154.0% since first listed

13 events — show timeline

• 2026-05-14 Listed $174,999 Smart MLS
• 2022-06-01 Price Changed $75,000 Smart MLS
• 2022-05-31 Listing Removed — Smart MLS
• 2022-03-21 Listed $100,000 Smart MLS
• 2020-08-28 Sold (Public Records) $63,000 Public Records
• 2019-11-27 Sold (Public Records) $35,000 Public Records
• 2008-04-21 Sold (MLS) $51,000 Smart MLS
• 2008-03-16 Listed $55,900 Smart MLS
• 2007-09-10 Listing Removed — Smart MLS
• 2007-03-10 Listed $80,000 Smart MLS
• 2005-01-18 Sold (Public Records) $68,000 Public Records
• 2005-01-13 Sold (MLS) $63,000 Smart MLS
• 2004-06-16 Listed $68,900 Smart MLS

Property tax history

+0.9%/yr

Latest (2025): $1,563 · +0.0% YoY. Source: county tax records.