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Property profile & analytics
OFF-MARKET
Estimated value
$2,960,000
High-rise multifamily apartments
1101 Keswick Pl Monroe, NC 28112-6389
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-5768457
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1970
Construction
WOOD
Total area
8,308 SF
Lot
2.92 ac (127,326 SF)
Zoning code
R-MF MONROE
APN
09-197-039
UPID
US53-5768457
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
$2.96M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.96M
Owner & transaction history
1101 Keswick Place LLC · 1 yrs held
1101 Keswick Place LLC
since 2024
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
R-MF MONROE · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$2,960,000
ML approach
$2,960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.96M
Range $2.66M – $3.26M · ±10% · vs last sale $2.96M (Sep 6 2024)
Last sale anchor
$2.96M
Sep 6 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
$356 / 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
$15,583
Tax year 2023
Assessed value
$1,429,000
Assessed 2023
Previous assessed
$1,429,000
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$234,600
Assessed improvement
$1,194,400
Land market value
$234,600
Improvement market value
$1,194,400
Total market value
$1,429,000
Applied tax rate
200.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1970
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
2
Bathrooms
1
Total area
8,308 SF
Lot
2.92 ac (127,326 SF)
Zoning code
R-MF MONROE
APN
09-197-039
UPID
US53-5768457
Jurisdiction
UNION
Zoning & alternative use
R-MF MONROE · Monroe, NC
Zoning R-MF MONROE · permitted uses
R-MF MONROE · Monroe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Buildings
4
Bathrooms
1
Lot
2.92 ac
Current owner
From public records · entity-resolved
1101 Keswick Place LLC
Entity
Mailing address
4030 WAKE FRST RD NE #349, RALEIGH, NC 27609-0010
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2024
$2,960,000
1101 Keswick Place LLC
Ndfkeswick LLC
Special Warranty Deed
—
Sep 6, 2024
—
1101 Keswick Place LLC
Plan Cama
Warranty Deed
—
Aug 27, 2024
—
Ndfkeswick LLC
Pinewood Trace Apartments LLC
Deed
—
Feb 1, 2019
$2,025,000
Pinewood Trace Apartments LLC
W3 Resource Management LLC
Grant Deed
$1,607,000 · Cbre Cap Markets
Jan 2, 2019
—
W3 Resource Management LLC
Pinewood Trace Apts Monroe LLC
Warranty Deed
—
Feb 1, 2018
—
Pinewood Trace Apartments LLC
—
Deed
related
—
May 27, 2016
—
Pinewood Trace Apts Monroe LLC
—
Deed
related
$1,000,000 · Yadkin Bank
Oct 22, 2015
—
Pinewood Trace Apts Monroe LLC
—
Trustees Deed
related
$1,000,000
Oct 16, 2015
—
Pinewood Trace Apts Monroe LLC
W3 Resource Management LLC
Quit Claim Deed
related
—
Aug 6, 2015
$1,025,000
W3 Resource Management LLC
Sa Challenger INC
Quit Claim Deed
related
—
Oct 21, 2014
$1,024,000
Sa Challenger INC
Ellison,william L JR|sureties Unlimited 2 LLC
Trustees Deed
related
—
Sep 26, 2014
$1,024,000
Sa Challenger INC
Ellison William L JR|sureties Unlimited 2 LLC
Trustees Deed
related
—
Jun 25, 2007
$1,500,000
Sureties Unlimited 2 LLC
Marvin Ray Burgess
Warranty Deed
$1,210,000 · Blx Capital LLC
—
—
Marvin R Burgess
—
Deed Of Trust
related
$100,000 · Rbc Centura Bank
—
—
Pinewood Trace Apartments LLC
—
Loan Modification
related
—
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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