346 Lewis Rd · New Britain, CT
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.73%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $829 – $1,539
Heat risk 5/10 · Moderate
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +10.9/15.0
- Appreciation +10.0/10.0
- Cash flow +7.5/30.0
- Rent growth +3.7/5.0
- Livability +3.7/5.0
- 1% rule +2.5/10.0
- Condition / age +2.5/5.0
- DSCR +1.6/10.0
- Schools +1.0/10.0
$315,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
BACK ON MARKET.....BUYER DID NOT GET MORTGAGE!!!!! BACK ON THE MARKET!!!! FARMINGTON LINE LOCATION, LOCATION, LOCATION! LOTS OF SPACE IN THIS 4 BEDROOM 2 FULL BATH CAPE COD STYLE HOME!! 2 BEDROOMS ON MAIN LEVEL AND 2 UP. NEW ROOF, NEW WINDOWS, UPDATED KITCHEN AND BATHROOMS. GRANITE COUNTERS, NEW REFRIGERATOR & DISHWASHER. ONE CAR GARAGE. DECK. LR HARDWOOD FLOORING. EASY ACCESS TO RT 84. ENJOY CONVENIENCE TO BATTERSON PARK, CCSU, UCONN, MALL, RESTAURANTS, GOLF..etc... NEW BRITAIN//FARMINGTON LINE LOCALE. Make the MOVE to Homeownership
Key facts
- Private deck
- Newer roof
- Newer windows
Tags
Property features AI
Exterior
- Parking: Detached garage (1); Driveway parking; Off-street paved parking — total 4 parking spaces
- Utilities: Public water connected; Public sewer connected
- Home design: Single-family home
- Construction: Frame construction with aluminum siding (white); Concrete foundation; Asphalt shingle roof
- Exterior features: Deck; Sloping lot; Paved driveway
Interior
- Kitchen: Oven/Range; Refrigerator; Icemaker; Dishwasher; Disposal
- Bedrooms: 4 bedrooms
- Bathrooms: 2 full bathrooms
- Heating & cooling: Baseboard and steam heat (oil-fired); Hot water: oil domestic; Wall and window cooling units; Fuel tank located in basement; Energy Star rated features and thermopane windows
- Interior features: Full basement; Attic with storage space and access via hatch; Six total rooms
- Laundry & utility: Washer and electric dryer in lower-level/basement laundry room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $315k.
Deal economics
- At list price, monthly cash flow is $-396 ($-5k/yr) — negative.
- To cash-flow at today's rent, offer at most $245k (22.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $237k (24.8% below list).
- Recommended offer: $237k (24.8% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 74/100 on livability (#67 in CT, #4,936 nationally) — a middle-class / working-renter tenant base. Strengths: health & safety A+, cost of living A, housing A; Watch: crime D, employment D.
- New Britain School District (suburban): math 6% / reading 17% proficiency, ranked #153 of 153 in CT (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Holmes Elementary School (math 11% / reading 23%, grade F, #459 of 553 statewide, top 84%, 460 students, 65% FRL); Pulaski Middle School (math 0% / reading 13%, grade F, #171 of 175 statewide, top 98%, 867 students, 80% FRL); New Britain High School (math 10% / reading 31%, grade F, #162 of 194 statewide, top 83%, 2,331 students, 71% FRL) — zoned schools at 72% FRL track the district average.
- Market conditions: Rents rising fast (+4.9%/yr); 71 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 1,867 units permitted in Capitol Planning Region in 2024 (1,399 in 5+ unit buildings).
- At $2,370/mo this rent would consume 45% of the median local household income ($63k/yr) (locally 1835% 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 $34k of equity ($2k loan paydown + $32k appreciation (10.0% local appreciation)).
- By year 2, paydown + projected appreciation supports a ~$54k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 17 days — a 2% lower offer ($310k) is reasonable based on typical stale-listing flexibility.
- 10 sale attempts since 23y 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.
Risks & watch-outs
- Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major flood risk; 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.
Questions for the listing agent
- 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?
- Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is D 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?
- 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?
- 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.
- 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.
- 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
- 0.75% ✗
- Cap rate
- 4.78%
- Cash-on-cash
- -5.39%
- DSCR
- 0.76
- GRM
- 11.1
CMA / ARV
- ARV (median comp)
- $341,147
- List price
- $315,000
- Delta
- -7.66%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 57 Merigold Dr | 0.09mi | 4/2.0 | 1,296 (-9%) | 2mo | $385,000 | $297 | 79 |
| 178 Alexander Rd | 0.27mi | 3/2.0 (-1) | 1,458 (+2%) | 0mo | $360,000 | $247 | 79 |
| 187 Miriam Rd | 0.16mi | 3/1.0 (-1) | 1,352 (-5%) | 6mo | $220,000 | $163 | 70 |
| 123 Merigold Dr | 0.05mi | 4/2.0 | 1,230 (-14%) | 8mo | $305,000 | $248 | 69 |
| 23 Lewis Rd | 0.41mi | 4/2.0 | 1,306 (-8%) | 2mo | $339,900 | $260 | 66 |
| 191 Batterson Dr | 0.37mi | 3/1.5 (-1) | 1,470 (+3%) | 9mo | $230,000 | $156 | 63 |
| 200 Belridge Rd | 0.41mi | 3/1.5 (-1) | 1,470 (+3%) | 7mo | $390,000 | $265 | 63 |
| 126 Belridge Rd | 0.48mi | 3/2.0 (-1) | 1,476 (+4%) | 9mo | $355,000 | $241 | 59 |
| 90 Country Club Rd | 0.43mi | 4/1.0 | 1,580 (+11%) | 5mo | $325,000 | $206 | 54 |
| 28 Symco Dr | 0.64mi | 3/1.5 (-1) | 1,492 (+5%) | 8mo | $360,000 | $241 | 49 |
| 65 Belridge Rd | 0.59mi | 3/2.0 (-1) | 1,562 (+10%) | 5mo | $370,000 | $237 | 48 |
| 910 Farmington Ave | 0.51mi | 3/2.0 (-1) | 1,244 (-13%) | 6mo | $327,000 | $263 | 46 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 4.94% rent growth · sell at horizon
- IRR
- 21.0%
- Equity multiple
- 2.71×
- Total profit
- $151,111
- Equity at exit
- $283,777
- IRR
- 19.5%
- Equity multiple
- 6.39×
- Total profit
- $475,391
- Equity at exit
- $611,976
Cash invested: $88,200 (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
ZIP-level market 06053
- Home prices YoY
- 15.4%
- Rents YoY
- 4.9%
- Active inventory
- 71
- Price-to-rent
- 11.1×
Monthly cashflow live
- Estimated rent
- $2,370 high interval (Pro) →
- Mortgage (P&I)
- −$1,652
- Tax from tax record
- −$485 /mo · $5,825/yr
- Insurance
- −$131
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$498
- Net cashflow
- $-396
Break-even live
Sensitivity live
| Price | -10% $-218 | -5% $-307 | +0% $-396 | +5% $-486 | +10% $-575 |
|---|---|---|---|---|---|
| Rent | -10% $-584 | -5% $-490 | +0% $-396 | +5% $-303 | +10% $-209 |
| Rate | -1.0pp $-238 | -0.5pp $-316 | base $-396 | +0.5pp $-478 | +1.0pp $-561 |
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
- $78,750
- Closing costs
- $9,450
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 9 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 27 Janet Dr Unit 1st Floor New Britain, CT | 3.0 | 1.0 | 1581 | $2,300 | $1.45 | 25d | 1 | 0.57mi |
| 143 Brittany Farms Rd Unit A New Britain, CT | 3.0 | 2.5 | 1722 | $2,750 | $1.60 | 16d | 1 | 0.77mi |
| 125 Overlook Ave Unit 2nd Floor New Britain, CT | 3.0 | 1.0 | 1166 | $2,000 | $1.72 | 5d | 1 | 1.13mi |
| 24 Dean Dr New Britain, CT | 3.0 | 1.0 | 1200 | $2,000 | $1.67 | 3d | 1 | 1.26mi |
| 250 Oakland Ave #2 New Britain, CT | 3.0 | 1.0 | 1160 | $2,100 | $1.81 | 4d | 1 | 1.26mi |
| 36 Stratford Rd New Britain, CT | 4.0 | 1.0 | 1092 | $2,400 | $2.20 | 45d | 1 | 1.35mi |
| 170 Hillcrest Ave New Britain, CT | 4.0 | 1.0 | 1118 | $2,400 | $2.15 | 3d | 1 | 1.39mi |
| 192 Allen St New Britain, CT | 1.0–3.0 | 1.0 | 713 | $1,970 | $2.76 | 3d | 15 | 1.44mi |
| 27 Euston St New Britain, CT | 4.0 | 1.0 | 1152 | $2,400 | $2.08 | 3d | 1 | 1.46mi |
Listing history 27 events
-
2026-05-15status Under Contract 581-char remark
-
2026-05-06status Active 581-char remark
-
2026-05-04historical Under Contract - Continue to Show 581-char remark
-
2026-04-27$315,000 Active 581-char remark
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2025-05-16historical $2,750
-
2025-04-18$2,750
-
2023-10-26soldstatus $288,000
-
2023-10-25soldstatus $288,000 Closed 545-char remark
Show marketing remark (545 chars)
BACK ON MARKET.....BUYER DID NOT GET MORTGAGE!!!!! BACK ON THE MARKET!!!! FARMINGTON LINE LOCATION, LOCATION, LOCATION! LOTS OF SPACE IN THIS 4 BEDROOM 2 FULL BATH CAPE COD STYLE HOME!! 2 BEDROOMS ON MAIN LEVEL AND 2 UP. NEW ROOF, NEW WINDOWS, UPDATED KITCHEN AND BATHROOMS. GRANITE COUNTERS, NEW REFRIGERATOR & DISHWASHER. ONE CAR GARAGE. DECK. LR HARDWOOD FLOORING. EASY ACCESS TO RT 84. ENJOY CONVENIENCE TO BATTERSON PARK, CCSU, UCONN, MALL, RESTAURANTS, GOLF..etc... NEW BRITAIN//FARMINGTON LINE LOCALE. Make the MOVE to Homeownership
-
2023-10-18status Under Contract 545-char remark
Show marketing remark (545 chars)
BACK ON MARKET.....BUYER DID NOT GET MORTGAGE!!!!! BACK ON THE MARKET!!!! FARMINGTON LINE LOCATION, LOCATION, LOCATION! LOTS OF SPACE IN THIS 4 BEDROOM 2 FULL BATH CAPE COD STYLE HOME!! 2 BEDROOMS ON MAIN LEVEL AND 2 UP. NEW ROOF, NEW WINDOWS, UPDATED KITCHEN AND BATHROOMS. GRANITE COUNTERS, NEW REFRIGERATOR & DISHWASHER. ONE CAR GARAGE. DECK. LR HARDWOOD FLOORING. EASY ACCESS TO RT 84. ENJOY CONVENIENCE TO BATTERSON PARK, CCSU, UCONN, MALL, RESTAURANTS, GOLF..etc... NEW BRITAIN//FARMINGTON LINE LOCALE. Make the MOVE to Homeownership
-
2023-09-20historical Under Contract - Continue to Show 545-char remark
Show marketing remark (545 chars)
BACK ON MARKET.....BUYER DID NOT GET MORTGAGE!!!!! BACK ON THE MARKET!!!! FARMINGTON LINE LOCATION, LOCATION, LOCATION! LOTS OF SPACE IN THIS 4 BEDROOM 2 FULL BATH CAPE COD STYLE HOME!! 2 BEDROOMS ON MAIN LEVEL AND 2 UP. NEW ROOF, NEW WINDOWS, UPDATED KITCHEN AND BATHROOMS. GRANITE COUNTERS, NEW REFRIGERATOR & DISHWASHER. ONE CAR GARAGE. DECK. LR HARDWOOD FLOORING. EASY ACCESS TO RT 84. ENJOY CONVENIENCE TO BATTERSON PARK, CCSU, UCONN, MALL, RESTAURANTS, GOLF..etc... NEW BRITAIN//FARMINGTON LINE LOCALE. Make the MOVE to Homeownership
-
2023-09-08status Active 545-char remark
Show marketing remark (545 chars)
BACK ON MARKET.....BUYER DID NOT GET MORTGAGE!!!!! BACK ON THE MARKET!!!! FARMINGTON LINE LOCATION, LOCATION, LOCATION! LOTS OF SPACE IN THIS 4 BEDROOM 2 FULL BATH CAPE COD STYLE HOME!! 2 BEDROOMS ON MAIN LEVEL AND 2 UP. NEW ROOF, NEW WINDOWS, UPDATED KITCHEN AND BATHROOMS. GRANITE COUNTERS, NEW REFRIGERATOR & DISHWASHER. ONE CAR GARAGE. DECK. LR HARDWOOD FLOORING. EASY ACCESS TO RT 84. ENJOY CONVENIENCE TO BATTERSON PARK, CCSU, UCONN, MALL, RESTAURANTS, GOLF..etc... NEW BRITAIN//FARMINGTON LINE LOCALE. Make the MOVE to Homeownership
-
2023-09-03historical Under Contract - Continue to Show 545-char remark
Show marketing remark (545 chars)
BACK ON MARKET.....BUYER DID NOT GET MORTGAGE!!!!! BACK ON THE MARKET!!!! FARMINGTON LINE LOCATION, LOCATION, LOCATION! LOTS OF SPACE IN THIS 4 BEDROOM 2 FULL BATH CAPE COD STYLE HOME!! 2 BEDROOMS ON MAIN LEVEL AND 2 UP. NEW ROOF, NEW WINDOWS, UPDATED KITCHEN AND BATHROOMS. GRANITE COUNTERS, NEW REFRIGERATOR & DISHWASHER. ONE CAR GARAGE. DECK. LR HARDWOOD FLOORING. EASY ACCESS TO RT 84. ENJOY CONVENIENCE TO BATTERSON PARK, CCSU, UCONN, MALL, RESTAURANTS, GOLF..etc... NEW BRITAIN//FARMINGTON LINE LOCALE. Make the MOVE to Homeownership
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2023-08-26status Active 545-char remark
Show marketing remark (545 chars)
BACK ON MARKET.....BUYER DID NOT GET MORTGAGE!!!!! BACK ON THE MARKET!!!! FARMINGTON LINE LOCATION, LOCATION, LOCATION! LOTS OF SPACE IN THIS 4 BEDROOM 2 FULL BATH CAPE COD STYLE HOME!! 2 BEDROOMS ON MAIN LEVEL AND 2 UP. NEW ROOF, NEW WINDOWS, UPDATED KITCHEN AND BATHROOMS. GRANITE COUNTERS, NEW REFRIGERATOR & DISHWASHER. ONE CAR GARAGE. DECK. LR HARDWOOD FLOORING. EASY ACCESS TO RT 84. ENJOY CONVENIENCE TO BATTERSON PARK, CCSU, UCONN, MALL, RESTAURANTS, GOLF..etc... NEW BRITAIN//FARMINGTON LINE LOCALE. Make the MOVE to Homeownership
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2023-07-28historical Under Contract - Continue to Show 545-char remark
Show marketing remark (545 chars)
BACK ON MARKET.....BUYER DID NOT GET MORTGAGE!!!!! BACK ON THE MARKET!!!! FARMINGTON LINE LOCATION, LOCATION, LOCATION! LOTS OF SPACE IN THIS 4 BEDROOM 2 FULL BATH CAPE COD STYLE HOME!! 2 BEDROOMS ON MAIN LEVEL AND 2 UP. NEW ROOF, NEW WINDOWS, UPDATED KITCHEN AND BATHROOMS. GRANITE COUNTERS, NEW REFRIGERATOR & DISHWASHER. ONE CAR GARAGE. DECK. LR HARDWOOD FLOORING. EASY ACCESS TO RT 84. ENJOY CONVENIENCE TO BATTERSON PARK, CCSU, UCONN, MALL, RESTAURANTS, GOLF..etc... NEW BRITAIN//FARMINGTON LINE LOCALE. Make the MOVE to Homeownership
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2023-07-24$265,900 Active 545-char remark
Show marketing remark (545 chars)
BACK ON MARKET.....BUYER DID NOT GET MORTGAGE!!!!! BACK ON THE MARKET!!!! FARMINGTON LINE LOCATION, LOCATION, LOCATION! LOTS OF SPACE IN THIS 4 BEDROOM 2 FULL BATH CAPE COD STYLE HOME!! 2 BEDROOMS ON MAIN LEVEL AND 2 UP. NEW ROOF, NEW WINDOWS, UPDATED KITCHEN AND BATHROOMS. GRANITE COUNTERS, NEW REFRIGERATOR & DISHWASHER. ONE CAR GARAGE. DECK. LR HARDWOOD FLOORING. EASY ACCESS TO RT 84. ENJOY CONVENIENCE TO BATTERSON PARK, CCSU, UCONN, MALL, RESTAURANTS, GOLF..etc... NEW BRITAIN//FARMINGTON LINE LOCALE. Make the MOVE to Homeownership
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2023-07-17historical $265,900 545-char remark
Show marketing remark (545 chars)
BACK ON MARKET.....BUYER DID NOT GET MORTGAGE!!!!! BACK ON THE MARKET!!!! FARMINGTON LINE LOCATION, LOCATION, LOCATION! LOTS OF SPACE IN THIS 4 BEDROOM 2 FULL BATH CAPE COD STYLE HOME!! 2 BEDROOMS ON MAIN LEVEL AND 2 UP. NEW ROOF, NEW WINDOWS, UPDATED KITCHEN AND BATHROOMS. GRANITE COUNTERS, NEW REFRIGERATOR & DISHWASHER. ONE CAR GARAGE. DECK. LR HARDWOOD FLOORING. EASY ACCESS TO RT 84. ENJOY CONVENIENCE TO BATTERSON PARK, CCSU, UCONN, MALL, RESTAURANTS, GOLF..etc... NEW BRITAIN//FARMINGTON LINE LOCALE. Make the MOVE to Homeownership
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2012-10-12soldstatus $138,000
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2012-10-10soldstatus $138,000
Show marketing remark (253 chars)
Location!..Close to farmington line, ccsu, stanley qtr park, highways & shopping...Newly finished 2nd fl w 2 br's & full ba..Beautiful hw floors on 1st fl lr/ br's...Minor cosmetics needed in kitchen/2nd fl windows but a lot of house for the $$$
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2011-10-15$144,900
Show marketing remark (253 chars)
Location!..Close to farmington line, ccsu, stanley qtr park, highways & shopping...Newly finished 2nd fl w 2 br's & full ba..Beautiful hw floors on 1st fl lr/ br's...Minor cosmetics needed in kitchen/2nd fl windows but a lot of house for the $$$
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2011-07-31historical
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2011-01-28$139,995
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2008-03-03soldstatus $148,000
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2008-02-29soldstatus $148,000
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2007-09-04$152,000
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2003-10-27soldstatus $119,900
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2003-10-24soldstatus $119,900
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2003-08-12$119,900
ⓘ 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
- $5,825 · $485/mo
- Projected year-2 tax
- $6,283 · $524/mo
- Expected delta
- +$458/yr (+$38/mo · 7.9%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 6/10 Major FEMA zone X (unshaded) · 73% 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 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $28,436
- − Mortgage interest
- −$17,645
- − Property taxes
- −$5,825
- − Insurance
- −$1,575
- − Repairs & maintenance
- −$2,275
- − Management
- −$2,275
- − Depreciation
- −$9,164
- Taxable loss
- −$10,322
- Est. tax savings @ 24.0%
- +$2,477
- After-tax cash flow
- $-2,281/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
- New Britain School District
- NCES district ID
- 0902670
- Math proficiency
- 6% ▼ -6.00%
- Reading proficiency
- 17% ▼ -5.00%
- Median HH income
- $40,827
- Composite
- 9.95/100
- National rank
- #9816
- State rank
- #153 of 153 in CT
Livability — New Britain
- Score
- 74/100
- State rank
- #67
- US rank
- #4936
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- New Britain, CT
- County
- Hartford County · 754,208 people
- City population
- 66,322
- Metro
- Hartford-East Hartford-Middletown, CT
- Population (ZIP)
- 36,774
- Household income
- $62,645
- Rent vs Own
- Severe rent burden
- 1835.0
Population outlook (Capitol County) Hauer SSP2
- By 2040
- 1,063,519
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.64)
- Race & ethnicity
- White 47% Hispanic / Latino 36% Two or more races 13% Black 10% Asian 3%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 25% Dominican 4%
- Common ancestry
- Romanian 19% Lithuanian 3% Russian 1%
- Foreign-born
- 22% · Canada, Vietnam, China
- Languages at home
- 50% English-only · Spanish 26% Russian/Polish/Slavic 15% French/Haitian/Cajun 3%
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
- ▲ 65.76%
- Current HPI
- 491.4724
- Rent YoY
- ▲ 4.94%
- 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
+162.7% since first listed27 events — show timeline
- 2026-05-15 Pending — Smart MLS
- 2026-05-06 Relisted — Smart MLS
- 2026-05-04 Contingent — Smart MLS
- 2026-04-27 Listed $315,000 Smart MLS
- 2025-05-16 Rental Removed $2,750 SMARTMLS
- 2025-04-18 Listed for Rent $2,750 SMARTMLS
- 2023-10-26 Sold (Public Records) $288,000 Public Records
- 2023-10-25 Sold (MLS) $288,000 Smart MLS
- 2023-10-18 Pending — Smart MLS
- 2023-09-20 Contingent — Smart MLS
- 2023-09-08 Relisted — Smart MLS
- 2023-09-03 Contingent — Smart MLS
- 2023-08-26 Relisted — Smart MLS
- 2023-07-28 Contingent — Smart MLS
- 2023-07-24 Listed $265,900 Smart MLS
- 2023-07-17 Coming Soon $265,900 Smart MLS
- 2012-10-12 Sold (Public Records) $138,000 Public Records
- 2012-10-10 Sold (MLS) $138,000 Smart MLS
- 2011-10-15 Listed $144,900 Smart MLS
- 2011-07-31 Listing Removed — Smart MLS
- 2011-01-28 Listed $139,995 Smart MLS
- 2008-03-03 Sold (Public Records) $148,000 Public Records
- 2008-02-29 Sold (MLS) $148,000 Smart MLS
- 2007-09-04 Listed $152,000 Smart MLS
- 2003-10-27 Sold (Public Records) $119,900 Public Records
- 2003-10-24 Sold (MLS) $119,900 Smart MLS
- 2003-08-12 Listed $119,900 Smart MLS
Property tax history
+2.6%/yrLatest (2025): $5,825 · +2.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…