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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Residential income homes
100 Castle Ave Fairfield, CT 06825-5430
Entity Owned
4-yr Hold
Property ID
US15-0081143
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
2006
Total area
6,824 SF
Lot
0.34 ac (15,000 SF)
Zoning code
C
APN
FAIR M:79 B:201
UPID
US15-0081143
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
$1.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.69M
Owner & transaction history
Tierra Rejada LLC · 4 yrs held
Tierra Rejada LLC
since 2022
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
C · Fairfield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.2M
+105.9%
Restaurant
$1.8M
+62.1%
Auto repair, garage
$1.6M
+47.5%
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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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
$1,680,000
ML approach
$1,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,080,000
Current use
COMMERCIAL (GENERAL)
$2,225,000
Change: +106% · Conversion: Moderate
RESTAURANT
$1,755,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,595,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$1,270,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$1,190,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±10% · vs last sale $1.65M (Apr 22 2022)
Last sale anchor
$1.65M
Apr 22 2022
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
$247 / 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
$25,517
Tax year 2023
Assessed value
$927,570
Assessed 2023
Previous assessed
$927,570
+0.0% YoY
Effective rate
2.75%
On assessed value
Assessed land
$201,460
Assessed improvement
$726,110
Applied tax rate
104.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
4
Rooms
24
Bathrooms
9
Total area
6,824 SF
Lot
0.34 ac (15,000 SF)
Zoning code
C
APN
FAIR M:79 B:201
UPID
US15-0081143
Jurisdiction
FAIRFIELD
Zoning & alternative use
C · Fairfield, CT
Zoning C · permitted uses
C · Fairfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$2.2M
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
4
Rooms
24
Bathrooms
9
Lot
0.34 ac
Current owner
From public records · entity-resolved
Tierra Rejada LLC
Entity
Mailing address
100 CASTLE AVE, FAIRFIELD, CT 06825-5430
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2022
$1,650,000
Tierra Rejada LLC
Yadda Development LLC
Warranty Deed
$565,000 · Sachem Capital Corp
Dec 20, 2006
$1
United Illuminiting
Yadde Dev
Grant Deed
related
—
Dec 27, 2005
—
Yadda Dev
—
Deed Of Trust
related
$700,000 · 1281 Randal Ave Assoc
Nov 3, 2005
$469,900
Yadda Dev
Isaza,isilda D
Warranty Deed
—
Jul 28, 2004
—
Juan D Isaza
—
Deed Of Trust
related
$75,000 · Citibank NA
Jul 14, 2003
$331,500
Juan D Isaza
Green,jill R
Warranty Deed
$265,200 · Citimortgage INC
Nov 29, 2001
—
Jill R Green
—
Deed Of Trust
related
$185,000 · Washington Mutual Bank
Apr 27, 1998
—
Bill Green
—
Deed Of Trust
related
$55,000 · Option One Mortgage Corp
Jul 9, 1996
$117,000
Bill Green
Mortensen,daverin
Warranty Deed
$89,000 · Chase Home Mortgage
Jan 8, 1993
—
Daverin Mortensen
—
Deed Of Trust
related
$58,000 · Peoples Bank
Apr 2, 1987
—
Daverin Mortensen
—
Deed Of Trust
related
$56,000 · Peoples Bank
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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