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Property profile & analytics
OFF-MARKET
Estimated value
$5,000,000
Garden apartment buildings
100 17th St 1 Newton, NC 28658-2947
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-0381203
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1982
Construction
WOOD
Total area
13,088 SF
Lot
4.17 ac (181,645 SF)
Zoning code
PD-H
APN
3740-05-09-4658
UPID
US53-0381203
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.00M
Owner & transaction history
Gbpm Windsor LLC · 2 yrs held
Gbpm Windsor LLC
since 2024
Last sale
$5.0M
5 recorded transactions
Zoning & alternative use
PD-H · Newton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,000,000
ML approach
$5,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.00M
Range $4.50M – $5.50M · ±10% · vs last sale $5.00M (Apr 4 2024)
Last sale anchor
$5.00M
Apr 4 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$382 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$42,964
Tax year 2023
Assessed value
$5,063,500
Assessed 2023
Previous assessed
$5,063,500
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$66,500
Assessed improvement
$4,997,000
Land market value
$66,500
Improvement market value
$4,997,000
Total market value
$5,063,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
HOT WATER
Cooling
CENTRAL
Buildings
5
Units
16
Total area
13,088 SF
Lot
4.17 ac (181,645 SF)
Zoning code
PD-H
APN
3740-05-09-4658
UPID
US53-0381203
Jurisdiction
CATAWBA
Zoning & alternative use
PD-H · Newton, NC
Zoning PD-H · permitted uses
PD-H · Newton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
HOT WATER
Cooling
Yes
Buildings
5
Units
16
Lot
4.17 ac
Current owner
From public records · entity-resolved
Gbpm Windsor LLC
Entity
Mailing address
6905 W ACCO ST STE A, MONTEBELLO, CA 90640-5448
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2024
$5,000,000
Gbpm Windsor LLC
Andrearobert LLC
Warranty Deed
$3,500,000 · Israel Discount Bank Of New York
May 22, 2017
$2,980,000
Andrearobert LLC
Windsor Apartments LLC
Warranty Deed
—
—
—
Windsor Apartments LLC
—
Deed Of Trust
related
$1,600,000 · Miscellaneous Ins Co
—
—
Windsor Apartments LLC
—
Deed Of Trust
related
$1,830,000 · Catawba Valley Bank Newton
—
—
Windsor Apartments LLC
—
Deed Of Trust
related
$1,850,000 · Greystone Servicing Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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