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Property profile & analytics
OFF-MARKET
Residential income homes
11 Freestone Ave Portland, CT 06480-1871
Entity Owned
24-yr Hold
Property ID
US15-0653407
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1889
Total area
3,200 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R10
APN
PORT M:019 B:0051
UPID
US15-0653407
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
S&m Prop LLC · 24 yrs held
S&m Prop LLC
since 2001
5 recorded transactions
Zoning & alternative use
R10 · Portland, CT
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,558
Tax year 2023
Assessed value
$171,220
Assessed 2023
Previous assessed
$171,220
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$50,890
Assessed improvement
$120,330
Applied tax rate
276.0000
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
1889
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
4
Rooms
8
Bathrooms
4
Total area
3,200 SF
Lot
0.22 ac (9,583 SF)
Zoning code
R10
APN
PORT M:019 B:0051
UPID
US15-0653407
Jurisdiction
PORTLAND
Zoning & alternative use
R10 · Portland, CTZoning R10 · permitted uses
R10 · Portland, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1889
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
4
Rooms
8
Bathrooms
4
Lot
0.22 ac
Current owner
From public records · entity-resolved
S&m Prop LLC
Entity
Mailing address
109 STEWART HL RD, PORTLAND, CT 06480-1355
Ownership since
2001
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
Sep 27, 2001
$380,000
S&m Prop LLC
Hall,richard H
Warranty Deed
$425,000 · Mass Mutual Life Ins
Mar 20, 1995
$185,000
Farmers Bk
Bransfield,joseph P JR
Grant Deed
related
—
Jun 15, 1994
—
Joseph P Bransfield JR.
—
Deed Of Trust
related
$4,000 · Gildersleeve Prof Blg
Mar 14, 1988
—
Joseph P Bransfield JR
—
Deed Of Trust
related
$173,000 · Farm & Merchant Savings Bank
Jun 24, 1987
—
Joseph P Bransfield JR.
—
Deed Of Trust
related
$38,000 · United Bank & Trust Co
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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