1 Talcott Gln Unit B · West Hartford, CT 06032

$399,900

4 bd · 2.5 ba · 2,800 sqft · Condo public records · 24 Days on market

Built 1971 $143/sqft · 32% below area Est $585k · 32% under $697/mo HOA · 15% of rent

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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 +16.4/30.0
• ARV discount +15.0/15.0
• 1% rule +6.8/10.0
• Schools +6.4/10.0
• DSCR +5.1/10.0
• Livability +4.0/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Unique style 4 bed room unit is extensively renovated inside and out. Sold as-is where-is. A new deck and refurbished patio overlook a pond. HOA fees include gas for heat and appliances, maintenance of hot water heater, boiler, and central A/C. Convenient to UConn Medical Center, I-84, W.H. Center. Club house, pool, 2 car garage, wooded complex.

Key facts

• $697 HOA
• 2 garage spots
• Pool

Property features AI

Finance

• HOA & community: Has homeowners association; Monthly HOA fee; HOA covers grounds maintenance, trash pickup, snow removal, heat, hot water, property management, and road maintenance; Community amenities include clubhouse and pool; Professional off-site property management; Pets allowed (confirm with management)

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water connected; Public sewer connected; Natural gas hot water
• Home design: Condominium (Condo/Co-Op for sale); End unit; Located in the Talcott Glen complex; Unit is on floor 1 of a 2-unit building
• Construction: Frame construction
• Exterior features: Wood siding; Deck; Garden area; Grill; Pond waterfront; Lightly wooded lot; In-ground swimming pool

Interior

• Kitchen: Oven/Range; Microwave; Range hood; Refrigerator; Dishwasher
• Bedrooms: 4 bedrooms (unit spans 3 levels)
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Hot water heat fueled by natural gas; Central air conditioning; Programmable thermostat; Thermopane windows
• Interior features: Open floor plan; Auto garage door opener; Cable available; One fireplace; Has attic (access via hatch); Partial, walk-out, finished basement with storage and sump pump
• Laundry & utility: Washer; Dryer; Laundry on upper level

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath condo listed at $400k.

Deal economics

• At list price, monthly cash flow is $224 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $400k).
• Recommended offer: $394k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.0% 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.
• Farmington School District (suburban): math 65% / reading 77% proficiency, ranked #18 of 153 in CT (top 12%) — strong family-tenant draw, lease renewals of 3-5y typical; only 8% free/reduced lunch — higher-income household profile.
• Zoned schools: East Farms School (math 77% / reading 77%, grade A, #28 of 553 statewide, top 7%, 468 students, 11% FRL); West Woods Upper Elementary School (math 64% / reading 77%, grade A, #13 of 175 statewide, top 8%, 641 students, 17% FRL); Farmington High School (math 55% / reading 78%, grade B, #32 of 194 statewide, top 16%, 1,263 students, 16% FRL).
• Market conditions: Rents flat; 67 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 1,867 units permitted in Capitol Planning Region in 2024 (1,399 in 5+ unit buildings).
• This rent runs 40% of the median local income ($141k/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 $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($394k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 10y 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 $180k; list at $400k implies a 122% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $393,901 (1.5% below list)

Questions for the listing agent

1. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. 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?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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 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: 1.18% ✓
• Cap rate: 6.96%
• Cash-on-cash: 2.40%
• DSCR: 1.11
• GRM: 7.1

CMA / ARV

• ARV (median comp): $585,282
• List price: $399,900
• Delta: -31.67%
• Verdict: UNDERPRICED
• Comps: 9 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.72% rent growth · sell at horizon

5-year hold

• IRR: -15.6%
• Equity multiple: 0.46×
• Total profit: $-60,628
• Equity at exit: $59,626

10-year hold

• IRR: -12.8%
• Equity multiple: 0.34×
• Total profit: $-73,832
• Equity at exit: $34,576

Cash invested: $111,972 (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 06032

• Rents YoY: 0.7%
• Active inventory: 67
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $4,721 medium
• Mortgage (P&I): −$2,097
• Tax from tax record: −$545 /mo · $6,544/yr
• Insurance: −$167
• HOA: −$697
• Vacancy / Maint / Mgmt: −$991
• Net cashflow: $224

Break-even live

Break-even rent $4,438

Max offer price $399,900

Occupancy floor 90%

Sensitivity live

Price	-10% $450	-5% $337	+0% $224	+5% $110	+10% $-3
Rent	-10% $-149	-5% $37	+0% $224	+5% $410	+10% $596
Rate	-1.0pp $425	-0.5pp $325	base $224	+0.5pp $120	+1.0pp $14

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: $99,975
• Closing costs: $11,997
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9 Beech St Farmington, CT	3.0	2.5	2350	$5,000	$2.13	3d	1	0.53mi
23 Vine Hill Rd Farmington, CT	4.0	3.5	3194	$4,700	$1.47	25d	1	0.65mi
23 Vine Hill Rd Farmington, CT	4.0	3.0	3194	$4,700	$1.47	45d	1	0.65mi
50 Mountain Ln Farmington, CT	5.0	2.5	3896	$6,700	$1.72	3d	1	0.88mi

HOA detail condo

• Monthly dues: $697 · $8,364/yr
• Likely covers: watergaspool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 17 events

1. 2026-06-08
   status $399,900 Under Contract 24 DOM
2. 2026-06-07
   days on market $399,900 Under Contract - Continue to Show 24 DOM
3. 2026-06-05
   days on market $399,900 Under Contract - Continue to Show 21 DOM
4. 2026-06-03
   days on market $399,900 Under Contract - Continue to Show 20 DOM
5. 2026-06-02
   days on market $399,900 Under Contract - Continue to Show 19 DOM
6. 2026-06-01
   days on market $399,900 Under Contract - Continue to Show 18 DOM
7. 2026-05-31
   days on market $399,900 Under Contract - Continue to Show 17 DOM
8. 2026-05-17
   historical Under Contract - Continue to Show 1498-char remark
9. 2026-05-15
   listed $399,900 Active 1498-char remark
10. 2026-05-13
    historical $399,900 1498-char remark
11. 2018-04-25
    soldstatus $180,000 Closed 347-char remark

    Show marketing remark (347 chars)

    Unique style 4 bed room unit is extensively renovated inside and out. Sold as-is where-is. A new deck and refurbished patio overlook a pond. HOA fees include gas for heat and appliances, maintenance of hot water heater, boiler, and central A/C. Convenient to UConn Medical Center, I-84, W.H. Center. Club house, pool, 2 car garage, wooded complex.

12. 2018-04-18
    soldstatus $180,000
13. 2018-03-14
    status Under Contract 347-char remark

    Show marketing remark (347 chars)

    Unique style 4 bed room unit is extensively renovated inside and out. Sold as-is where-is. A new deck and refurbished patio overlook a pond. HOA fees include gas for heat and appliances, maintenance of hot water heater, boiler, and central A/C. Convenient to UConn Medical Center, I-84, W.H. Center. Club house, pool, 2 car garage, wooded complex.

14. 2018-02-28
    price $199,000 347-char remark

    Show marketing remark (347 chars)

    Unique style 4 bed room unit is extensively renovated inside and out. Sold as-is where-is. A new deck and refurbished patio overlook a pond. HOA fees include gas for heat and appliances, maintenance of hot water heater, boiler, and central A/C. Convenient to UConn Medical Center, I-84, W.H. Center. Club house, pool, 2 car garage, wooded complex.

15. 2017-09-21
    listed $219,000 Active 347-char remark

    Show marketing remark (347 chars)

    Unique style 4 bed room unit is extensively renovated inside and out. Sold as-is where-is. A new deck and refurbished patio overlook a pond. HOA fees include gas for heat and appliances, maintenance of hot water heater, boiler, and central A/C. Convenient to UConn Medical Center, I-84, W.H. Center. Club house, pool, 2 car garage, wooded complex.

16. 2016-11-03
    historical
17. 2016-05-10
    listed $199,000

ⓘ 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: $6,544 · $545/mo
• Projected year-2 tax: $7,551 · $629/mo
• Expected delta: +$1,007/yr (+$84/mo · 15.4%)

ⓘ 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 5/10 Major 7 d/yr ≥96°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

Taxation est. · year 1

• Rental income: $56,652
• − Mortgage interest: −$22,401
• − Property taxes: −$6,544
• − Insurance: −$2,000
• − Repairs & maintenance: −$4,532
• − Management: −$4,532
• − HOA: −$8,364
• − Depreciation: −$11,633
• Taxable loss: −$3,354
• Est. tax savings @ 24.0%: +$805
• After-tax cash flow: $3,487/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: Farmington School District
• NCES district ID: 0901560
• Math proficiency: 65% ▼ -8.00%
• Reading proficiency: 77% ▼ -5.00%
• Median HH income: $87,791
• Composite: 63.76/100
• National rank: #598
• State rank: #18 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): 19,135
• Household income: $140,912
• Rent vs Own: 27.3% rent · 72.7% own
• Severe rent burden: 533.0

Population outlook (Capitol County) Hauer SSP2

• By 2040: 1,063,519

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Asian 16% Hispanic / Latino 7% Two or more races 5% Black 3%
• Hispanic origin (detail): Mexican 1% Puerto Rican 3%
• Common ancestry: Romanian 10% Lithuanian 4% Slovak 3%
• Foreign-born: 21% · Canada, China, South Korea
• Languages at home: 77% English-only · Other Indo-European 4% Chinese 4% Spanish 4%

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: ▼ -145.88%
• Current HPI: 178.158
• Rent YoY: ▲ 0.72%
• 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

+101.0% since first listed

11 events — show timeline

• 2026-06-07 Pending — Smart MLS
• 2026-05-17 Contingent — Smart MLS
• 2026-05-15 Listed $399,900 Smart MLS
• 2026-05-13 Coming Soon $399,900 Smart MLS
• 2018-04-25 Sold (MLS) $180,000 Smart MLS
• 2018-04-18 Sold (Public Records) $180,000 Public Records
• 2018-03-14 Pending — Smart MLS
• 2018-02-28 Price Changed $199,000 Smart MLS
• 2017-09-21 Listed $219,000 Smart MLS
• 2016-11-03 Listing Removed — Smart MLS
• 2016-05-10 Listed $199,000 Smart MLS

Property tax history

+1.7%/yr

Latest (2025): $6,544 · +4.6% YoY. Source: county tax records.