NOT LISTED FOR SALE

Estimated Value: $411,000

Studio
3 Baths
15,528 Sq Ft
$26/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2020

Last sale price $1,100,000 $71 Per Sq Ft

Current estimated payment $2,670 / mo

48 Days on Market

Highlights

  • 0.44 Acre Lot
  • No HOA
  • Coin Laundry
  • Attic
  • Baseboard Heating
  • Level Lot

About This Home

As of March 2020

Now is the chance to own the beautifully cash flowing property known as Cambridge Court Apartments offered at a 8.9% CAP. This property consists of 18 apartments spread out between 5 buildings on one beautiful 0.44 acre lot. On this lot are (2) 6-families, (1) 3-family, (1) 2-family, (1) single family. The tremendous unit mix is comprised of 16 two-bedrooms and 2 three-bedrooms, with great potential for value-add. Coin-Operated laundry provides extra income and utilities are paid by tenants. Majority of boilers are brand new! This wonderful opportunity is also located directly across the street from a new $1-billion, privately financed Energy and Innovation Center expected to bring 2,500 jobs to New Britain.

Last Agent to Sell the Property

Nick Selca

CORE Realty Group License #REB.0795957 Listed on: 10/17/2019

Last Buyer's Agent

Non Member

Non-Member

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,813

Year Built

  • Built in 1900

Lot Details

  • 19,166 Sq Ft Lot
  • Level Lot

Home Design

  • 15,528 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Attic
  • Unfinished Basement

Community Details

Overview

  • No Home Owners Association
  • 18 Units

Additional Features

  • Coin Laundry
  • Gross Income $174,684

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,813

Year Built

Built in 1900

Lot Details

0.44 Acres

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 15528
  • Total Sq Ft: 15528
  • Year Built: 1900
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: Use GPS
  • Special Features: None

Interior Features

  • Basement Description: Unfinished
  • Laundry Room Info: Coin Op Laundry
  • Attic: Yes

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.4400
  • Lot Description: Level Lot
  • Zoning: A2

Multi Family

  • Gross Annual Income: 174684
  • Total Num Of Units: 18

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 18813
  • Mil Rate Base: 50.500
  • Assessor Parcel Number: 642319

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2025
Sold by
Bought by
Current Estimated Value
$411,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Outstanding Balance
$1,301,753
Interest Rate
6.58%
Mortgage Type
Unknown
Estimated Equity
-$890,753

Purchase Details

Listed on
Oct 17, 2019
Closed on
Mar 4, 2020
Sold by
Bought by
Seller's Agent
Nick Selca
CORE Realty Group
Buyer's Agent
Non Member
Non-Member
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.22%
Original Mortgage
$825,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,875,000 --
$1,100,000 None Available
$426,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,312,500
Previous Owner $825,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/04/2020 03/04/20 Sold $1,100,000 -7.9% $71 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $1,195,000 -- $77 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,811 $658,770 $49,280 $609,490
2024 $26,081 $658,770 $49,280 $609,490
2023 $25,218 $658,770 $49,280 $609,490
2022 $18,441 $372,540 $16,380 $356,160
2021 $18,441 $372,540 $16,380 $356,160
2020 $18,813 $372,540 $16,380 $356,160
2019 $18,813 $372,540 $16,380 $356,160
2018 $18,813 $372,540 $16,380 $356,160
2017 $18,340 $363,160 $17,010 $346,150
2016 $18,340 $363,160 $17,010 $346,150
2015 $17,795 $363,160 $17,010 $346,150
2014 $17,795 $363,160 $17,010 $346,150
Source: Public Records

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Map

Source: SmartMLS

MLS Number: 170245355

SmartMLS

APN: NBRI-000006A-000000-D000106

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