Duplex
181 Gold St · New Britain, CT
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
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 +15.3/30.0
- Appreciation +10.0/10.0
- ARV discount +7.1/15.0
- DSCR +4.7/10.0
- 1% rule +4.3/10.0
- Rent growth +3.7/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +1.0/10.0
$340,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks MLS
Perfect for Owner Occupied Buyers and/or Investors! This side by side Two Family home is currently fully rented and has several new and recent updates. Updates include, NEW Windows, NEW Hot Water Heaters, NEW Electrical throughout, NEWLY Refinished Hardwood Floors, NEW Kitchens, NEW Stainless Steel Appliances, NEWLY Remodeled Bathrooms, Freshly Painted Interior, NEW Washer and Dryer Hook-Ups in both units, Freshly Landscaped Exterior, and more! The units are side-by-side and each has its own private basement area with laundry hook-ups. There are separate front and rear entrances for each unit and the front porches have both been renovated with NEW Flooring and Fresh Paint and are both equipped with Full Closets. This property is Turn-Key and ready for new ownership! This is a quiet non-through street in a desirable neighborhood in "Little Poland" walking distance to Washington Park. Short drive to New Britain General Hospital, Downtown Hartford, Shopping, Restaurants, Grocers, and more!
Key facts
- 7,405 sq ft lot
- Built 1947
- Listed 6 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 2-bed/1.0-bath units multifamily listed at $340k.
Deal economics
- At list price, monthly cash flow is $123 ($1k/yr) — positive. Per door: $61/mo.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $318k (6.6% below list).
- Recommended offer: $318k (6.6% below list) — sets the bar for 1% rule.
- Cap rate 6.7% vs local median 4.4% in New Britain — 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 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: New Britain High School (math 10% / reading 31%, grade F, #162 of 194 statewide, top 83%, 2,331 students, 71% FRL) — zoned schools at 71% FRL track the district average.
- Market conditions: Rents rising fast (+4.9%/yr); 69 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $3,175/mo this rent would consume 61% 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 $36k of equity ($2k loan paydown + $34k appreciation (10.0% local appreciation)).
- At projected returns (10.0% appreciation + 4.9% rent growth), your $95k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 2, paydown + projected appreciation supports a ~$58k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
- 3 sale attempts since 7y 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 $220k; list at $340k implies a 55% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1947 — 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?
- 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 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
- 0.93% ✗
- Cap rate
- 6.73%
- Cash-on-cash
- 1.55%
- DSCR
- 1.07
- GRM
- 8.9
CMA / ARV
- ARV (on-the-fly)
- $336,960
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 45 Clinton St | 0.42mi | 4/2.0 | 1,664 (-4%) | 7mo | $389,900 | $234 | 68 |
| 41 Clinton St | 0.41mi | 4/2.0 | 1,620 (-6%) | 10mo | $340,000 | $210 | 62 |
| 220 Curtis St | 0.36mi | 5/2.0 (+1) | 1,628 (-6%) | 9mo | $325,000 | $200 | 62 |
| 312 Washington St | 0.24mi | 4/2.0 | 1,952 (+13%) | 11mo | $275,000 | $141 | 58 |
| 26 Magnolia St | 0.71mi | 4/2.0 | 1,600 (-7%) | 4mo | $241,000 | $151 | 51 |
| 69 Smith St | 0.37mi | 4/2.0 | 1,576 (-9%) | 21mo | $290,000 | $184 | 50 |
| 122 Wilcox St | 0.71mi | 5/2.0 (+1) | 1,668 (-4%) | 8mo | $325,000 | $195 | 50 |
| 59 Smith St | 0.39mi | 4/2.0 | 1,544 (-11%) | 20mo | $365,000 | $236 | 48 |
| 48 Gladiola St | 0.70mi | 4/2.0 | 1,596 (-8%) | 17mo | $366,500 | $230 | 40 |
| 108 Clark St | 0.53mi | 5/2.0 (+1) | 1,576 (-9%) | 22mo | $220,000 | $140 | 37 |
| 71 Oakland Ave | 0.72mi | 4/2.0 | 1,500 (-13%) | 9mo | $210,000 | $140 | 37 |
| 19 Union St | 0.65mi | 5/2.0 (+1) | 1,986 (+15%) | 14mo | $375,000 | $189 | 28 |
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
- 26.1%
- Equity multiple
- 3.09×
- Total profit
- $199,368
- Equity at exit
- $306,299
- IRR
- 23.5%
- Equity multiple
- 7.25×
- Total profit
- $594,974
- Equity at exit
- $660,545
Cash invested: $95,200 (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
- 69
- Price-to-rent
- 17.8×
Monthly cashflow live
- Estimated rent
- $3,175 high interval (Pro) →
- Mortgage (P&I)
- −$1,783
- Tax from tax record
- −$461 /mo · $5,532/yr
- Insurance
- −$142
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$667
- Net cashflow
- $123
Break-even live
Sensitivity live
| Price | -10% $315 | -5% $219 | +0% $123 | +5% $26 | +10% $-70 |
|---|---|---|---|---|---|
| Rent | -10% $-128 | -5% $-3 | +0% $123 | +5% $248 | +10% $373 |
| Rate | -1.0pp $294 | -0.5pp $209 | base $123 | +0.5pp $34 | +1.0pp $-55 |
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $3,176 |
| #1 | 2 | 1 | $1,588 |
| #2 | 2 | 1 | $1,588 |
| Total (2 units) | $3,175 | ||
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
- $85,000
- Closing costs
- $10,200
- 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 39 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 182 Washington St Unit 182-A New Britain, CT | 3.0 | 1.0 | 1300 | $1,700 | $1.31 | 24d | 1 | 0.35mi |
| 182 Washington St Unit 3S New Britain, CT | 3.0 | 1.0 | 1300 | $1,650 | $1.27 | 24d | 1 | 0.35mi |
| 371 Broad St Unit 1st Floor New Britain, CT | 3.0 | 1.0 | 1128 | $1,900 | $1.68 | 44d | 1 | 0.45mi |
| 13 Bartlett St Unit 2nd Floor New Britain, CT | 4.0 | 1.0 | 1100 | $2,500 | $2.27 | 20d | 1 | 0.62mi |
| 45 Union St New Britain, CT | 5.0 | 2.0 | 2060 | $2,800 | $1.36 | 24d | 1 | 0.67mi |
| 24 Oak St Unit 2 New Britain, CT | 3.0 | 1.0 | 1300 | $1,607 | $1.24 | 16d | 1 | 0.76mi |
| 17 Pinehurst Ave Unit 2nd Floor New Britain, CT | 3.0 | 1.0 | 1144 | $1,900 | $1.66 | 24d | 1 | 0.81mi |
| 125 Overlook Ave Unit 2nd Floor New Britain, CT | 3.0 | 1.0 | 1166 | $2,000 | $1.72 | 4d | 1 | 0.84mi |
| 250 Oakland Ave #2 New Britain, CT | 3.0 | 1.0 | 1160 | $2,100 | $1.81 | 3d | 1 | 0.90mi |
| 189 Daly Ave New Britain, CT | 3.0 | 1.0 | 1250 | $1,900 | $1.52 | 15d | 1 | 0.98mi |
| 39 Holmes Ave Unit 2 New Britain, CT | 3.0 | 1.0 | 2200 | $1,600 | $0.73 | 24d | 1 | 1.01mi |
| 422 Allen St New Britain, CT | 3.0 | 1.0 | 1276 | $1,800 | $1.41 | 15d | 1 | 1.03mi |
| 664 W Main St Unit 2 New Britain, CT | 3.0 | 1.0 | 1276 | $1,900 | $1.49 | 24d | 1 | 1.03mi |
| 94 Glen St New Britain, CT | 3.0 | 1.0 | 1200 | $1,595 | $1.33 | 15d | 1 | 1.04mi |
| 680 W Main St Unit 2 New Britain, CT | 3.0 | 1.0 | 1200 | $1,907 | $1.59 | 15d | 1 | 1.05mi |
| 177 Hart St Apt 2 New Britain, CT | 3.0 | 1.0 | 1100 | $1,990 | $1.81 | 2d | 1 | 1.12mi |
| 149 Glen St New Britain, CT | 3.0 | 1.0 | 1136 | $1,550 | $1.36 | 44d | 1 | 1.12mi |
| 21 Olive St Unit 2S New Britain, CT | 3.0 | 1.0 | 1100 | $1,600 | $1.45 | 24d | 1 | 1.16mi |
| 59 Dwight St New Britain, CT | 3.0 | 1.0 | 1200 | $1,800 | $1.50 | 44d | 1 | 1.16mi |
| 59 Dwight St Unit 3RD New Britain, CT | 3.0 | 1.0 | 1200 | $1,800 | $1.50 | 24d | 1 | 1.16mi |
| 168 Black Rock Ave Unit 3rd Floor New Britain, CT | 3.0 | 1.0 | 1210 | $2,250 | $1.86 | 11d | 1 | 1.17mi |
| 168 Black Rock Ave Unit 1st Floor New Britain, CT | 3.0 | 1.0 | 1158 | $2,000 | $1.73 | 2d | 1 | 1.17mi |
| 126 Winthrop St Unit 2 New Britain, CT | 3.0 | 1.0 | 1386 | $1,750 | $1.26 | 24d | 1 | 1.21mi |
| 86 Winthrop St Unit 1W New Britain, CT | 3.0 | 1.0 | 1298 | $1,800 | $1.39 | 16d | 1 | 1.21mi |
| 86 Winthrop St Unit 2W New Britain, CT | 3.0 | 1.0 | 1300 | $1,800 | $1.38 | 24d | 1 | 1.21mi |
| 86 Winthrop St Unit 1E New Britain, CT | 3.0 | 1.0 | 1298 | $1,750 | $1.35 | 16d | 1 | 1.21mi |
| 38 Ledyard Rd New Britain, CT | 4.0 | 1.5 | 1538 | $2,850 | $1.85 | 44d | 1 | 1.22mi |
| 24 Dean Dr New Britain, CT | 3.0 | 1.0 | 1200 | $2,000 | $1.67 | 2d | 1 | 1.26mi |
| 416 Park St Unit 3 New Britain, CT | 3.0 | 1.0 | 1221 | $2,100 | $1.72 | 3d | 1 | 1.26mi |
| 1366 Stanley St New Britain, CT | 4.0 | 1.0 | 1944 | $2,400 | $1.23 | 44d | 1 | 1.28mi |
| 27 Janet Dr Unit 1st Floor New Britain, CT | 3.0 | 1.0 | 1581 | $2,300 | $1.45 | 24d | 1 | 1.31mi |
| 271 Glen St New Britain, CT | 3.0 | 1.0 | 2230 | $1,950 | $0.87 | 2d | 1 | 1.34mi |
| 36 Stratford Rd New Britain, CT | 4.0 | 1.0 | 1092 | $2,400 | $2.20 | 44d | 1 | 1.36mi |
| 204 Winfield Dr New Britain, CT | 2.0–3.0 | 1.0 | 1130 | $2,000 | $1.77 | 2d | 4 | 1.37mi |
| 70 Monroe St Unit 2 New Britain, CT | 3.0 | 1.0 | 1366 | $1,850 | $1.35 | 24d | 1 | 1.39mi |
| 171 Bassett St New Britain, CT | 3.0 | 1.0 | 1100 | $2,000 | $1.82 | 2d | 1 | 1.46mi |
| 17 Foxon Pl New Britain, CT | 4.0 | 1.5 | 1453 | $2,400 | $1.65 | 2d | 1 | 1.46mi |
| 67 Brooklawn St Fl 2 New Britain, CT | 3.0 | 1.0 | 1100 | $1,900 | $1.73 | 44d | 1 | 1.46mi |
| 161 Pennsylvania Ave New Britain, CT | 3.0 | 1.5 | 1100 | $2,150 | $1.95 | 16d | 1 | 1.47mi |
Listing history 13 events
-
2026-03-26status Under Contract
-
2026-03-21$340,000 Active
-
2026-03-18historical $340,000
-
2020-05-07soldstatus $220,000
-
2020-05-06soldstatus $216,100 Closed 1011-char remark
Show marketing remark (1011 chars)
Perfect for Owner Occupied Buyers and/or Investors! This side by side Two Family home is currently fully rented and has several new and recent updates. Updates include, NEW Windows, NEW Hot Water Heaters, NEW Electrical throughout, NEWLY Refinished Hardwood Floors, NEW Kitchens, NEW Stainless Steel Appliances, NEWLY Remodeled Bathrooms, Freshly Painted Interior, NEW Washer and Dryer Hook-Ups in both units, Freshly Landscaped Exterior, and more! The units are side-by-side and each has its own private basement area with laundry hook-ups. There are separate front and rear entrances for each unit and the front porches have both been renovated with NEW Flooring and Fresh Paint and are both equipped with Full Closets. This property is Turn-Key and ready for new ownership! This is a quiet non-through street in a desirable neighborhood in "Little Poland" walking distance to Washington Park. Short drive to New Britain General Hospital, Downtown Hartford, Shopping, Restaurants, Grocers, and more!
-
2020-03-25historical Under Contract - Continue to Show 1011-char remark
Show marketing remark (1011 chars)
Perfect for Owner Occupied Buyers and/or Investors! This side by side Two Family home is currently fully rented and has several new and recent updates. Updates include, NEW Windows, NEW Hot Water Heaters, NEW Electrical throughout, NEWLY Refinished Hardwood Floors, NEW Kitchens, NEW Stainless Steel Appliances, NEWLY Remodeled Bathrooms, Freshly Painted Interior, NEW Washer and Dryer Hook-Ups in both units, Freshly Landscaped Exterior, and more! The units are side-by-side and each has its own private basement area with laundry hook-ups. There are separate front and rear entrances for each unit and the front porches have both been renovated with NEW Flooring and Fresh Paint and are both equipped with Full Closets. This property is Turn-Key and ready for new ownership! This is a quiet non-through street in a desirable neighborhood in "Little Poland" walking distance to Washington Park. Short drive to New Britain General Hospital, Downtown Hartford, Shopping, Restaurants, Grocers, and more!
-
2020-03-22$219,900 Active 1011-char remark
Show marketing remark (1011 chars)
Perfect for Owner Occupied Buyers and/or Investors! This side by side Two Family home is currently fully rented and has several new and recent updates. Updates include, NEW Windows, NEW Hot Water Heaters, NEW Electrical throughout, NEWLY Refinished Hardwood Floors, NEW Kitchens, NEW Stainless Steel Appliances, NEWLY Remodeled Bathrooms, Freshly Painted Interior, NEW Washer and Dryer Hook-Ups in both units, Freshly Landscaped Exterior, and more! The units are side-by-side and each has its own private basement area with laundry hook-ups. There are separate front and rear entrances for each unit and the front porches have both been renovated with NEW Flooring and Fresh Paint and are both equipped with Full Closets. This property is Turn-Key and ready for new ownership! This is a quiet non-through street in a desirable neighborhood in "Little Poland" walking distance to Washington Park. Short drive to New Britain General Hospital, Downtown Hartford, Shopping, Restaurants, Grocers, and more!
-
2019-10-04soldstatus $130,000
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2019-10-03soldstatus $130,000 Closed 606-char remark
Show marketing remark (606 chars)
Little Poland location! Rare true DUPLEX, side by side apartments. Great for privacy! TLC needed to bring it back to glory. Well built in 1947 with a certain charm, enclosed front and rear porches. A once beautifully manicured rear yard garden needs some care to delight again. Separate utilities. natural gas. A short walk to shopping, restaurants, delis, bakeries, banking, worship,post office, people & dog park, and the new CTfastrak. This is a vibrant community and a quiet block. Exciting economic development nearby, will explode with a little time.This is an AS IS, Estate sale, priced to sell.
-
2019-10-01status Under Contract 606-char remark
Show marketing remark (606 chars)
Little Poland location! Rare true DUPLEX, side by side apartments. Great for privacy! TLC needed to bring it back to glory. Well built in 1947 with a certain charm, enclosed front and rear porches. A once beautifully manicured rear yard garden needs some care to delight again. Separate utilities. natural gas. A short walk to shopping, restaurants, delis, bakeries, banking, worship,post office, people & dog park, and the new CTfastrak. This is a vibrant community and a quiet block. Exciting economic development nearby, will explode with a little time.This is an AS IS, Estate sale, priced to sell.
-
2019-09-24historical 606-char remark
Show marketing remark (606 chars)
Little Poland location! Rare true DUPLEX, side by side apartments. Great for privacy! TLC needed to bring it back to glory. Well built in 1947 with a certain charm, enclosed front and rear porches. A once beautifully manicured rear yard garden needs some care to delight again. Separate utilities. natural gas. A short walk to shopping, restaurants, delis, bakeries, banking, worship,post office, people & dog park, and the new CTfastrak. This is a vibrant community and a quiet block. Exciting economic development nearby, will explode with a little time.This is an AS IS, Estate sale, priced to sell.
-
2019-08-19historical Under Contract - Continue to Show 606-char remark
Show marketing remark (606 chars)
Little Poland location! Rare true DUPLEX, side by side apartments. Great for privacy! TLC needed to bring it back to glory. Well built in 1947 with a certain charm, enclosed front and rear porches. A once beautifully manicured rear yard garden needs some care to delight again. Separate utilities. natural gas. A short walk to shopping, restaurants, delis, bakeries, banking, worship,post office, people & dog park, and the new CTfastrak. This is a vibrant community and a quiet block. Exciting economic development nearby, will explode with a little time.This is an AS IS, Estate sale, priced to sell.
-
2019-08-14$109,900 Active 606-char remark
Show marketing remark (606 chars)
Little Poland location! Rare true DUPLEX, side by side apartments. Great for privacy! TLC needed to bring it back to glory. Well built in 1947 with a certain charm, enclosed front and rear porches. A once beautifully manicured rear yard garden needs some care to delight again. Separate utilities. natural gas. A short walk to shopping, restaurants, delis, bakeries, banking, worship,post office, people & dog park, and the new CTfastrak. This is a vibrant community and a quiet block. Exciting economic development nearby, will explode with a little time.This is an AS IS, Estate sale, priced to sell.
ⓘ 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
- $5,532 · $461/mo
- Projected year-2 tax
- $6,404 · $534/mo
- Expected delta
- +$872/yr (+$73/mo · 15.8%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $38,100
- − Mortgage interest
- −$19,045
- − Property taxes
- −$5,532
- − Insurance
- −$1,700
- − Repairs & maintenance
- −$3,048
- − Management
- −$3,048
- − Depreciation
- −$9,891
- Taxable loss
- −$4,164
- Est. tax savings @ 24.0%
- +$999
- After-tax cash flow
- $2,470/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 |
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| Healthcare | 1 | $247B |
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| Telecommunications | 1 | $55B |
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Price history
+209.4% since first listed13 events — show timeline
- 2026-03-26 Pending — Smart MLS
- 2026-03-21 Listed $340,000 Smart MLS
- 2026-03-18 Coming Soon $340,000 Smart MLS
- 2020-05-07 Sold (Public Records) $220,000 Public Records
- 2020-05-06 Sold (MLS) $216,100 Smart MLS
- 2020-03-25 Contingent — Smart MLS
- 2020-03-22 Listed $219,900 Smart MLS
- 2019-10-04 Sold (Public Records) $130,000 Public Records
- 2019-10-03 Sold (MLS) $130,000 Smart MLS
- 2019-10-01 Pending — Smart MLS
- 2019-09-24 Listing Removed — Smart MLS
- 2019-08-19 Contingent — Smart MLS
- 2019-08-14 Listed $109,900 Smart MLS
Property tax history
+2.7%/yrLatest (2025): $5,532 · -1.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…