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Property profile & analytics
OFF-MARKET
Estimated value
$7,200,000
Apartment buildings
117 Pne St Waterbury, CT 06710
Entity Owned
7-yr Hold
Property ID
US15-0140642
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Total area
88,756 SF
Lot
1 ac (43,560 SF)
Zoning code
RH
APN
WBRY M:0235 B:0543 L:0007
UPID
US15-0140642
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
$7.82M
Blend (final)
Blend
$7.20M
Owner & transaction history
Sbm Pine Hill LLC · 7 yrs held
Sbm Pine Hill LLC
since 2018
6 recorded transactions
Zoning & alternative use
RH · Waterbury, 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 Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$8,755,000
Current use
AUTO REPAIR, GARAGE
$8,050,000
Change: -8% · Conversion: Difficult
OFFICE BUILDING
$7,230,000
Change: -17% · Conversion: Moderate
RETAIL STORES
$7,200,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$7.20M
Range $6.48M – $7.92M · ±10%
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
$81 / 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
$244,820
Tax year 2023
Assessed value
$4,517,800
Assessed 2023
Previous assessed
$4,517,800
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$273,420
Assessed improvement
$4,244,380
Applied tax rate
312.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1966
Heating
SPACE
Buildings
1
Stories
9
Units
80
Total area
88,756 SF
Lot
1 ac (43,560 SF)
Zoning code
RH
APN
WBRY M:0235 B:0543 L:0007
UPID
US15-0140642
Jurisdiction
WATERBURY
Zoning & alternative use
RH · Waterbury, CT
Zoning RH · permitted uses
RH · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$8.8M
AUTO REPAIR, GARAGE
Est. value
$8.1M
OFFICE BUILDING
Est. value
$7.2M
RETAIL STORES
Est. value
$7.2M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1966
Heating
SPACE
Stories
9
Buildings
1
Units
80
Lot
1 ac
Current owner
From public records · entity-resolved
Sbm Pine Hill LLC
Entity
Mailing address
5014 16TH AVE #505, BROOKLYN, NY 11204-1482
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2021
—
Sbm Pine Hill LLC
—
Deed
related
$5,300,000 · Blue Foundry Bank
Dec 3, 2019
—
Sbn Pine Hill LLC
—
Deed
related
$4,000,000 · Goldman Sachs Bank USA
Dec 12, 2018
$2,175,000
Sbm Pine Hill LLC
Rational Re 6 LLC
Quit Claim Deed
$2,490,300 · Conventus LLC
Apr 18, 2018
—
Rational Real Estate
Hillside Heights LLC|rational Real Estate
Foreclosure
related
—
Apr 27, 2007
$4,000,000
Hillside Heights LLC
Waterbury Carlton Apt LLC
Warranty Deed
$2,000,000 · New York Community Bank
Apr 22, 1999
—
Brutus Assoc LLC
—
Deed Of Trust
related
$3,400,000 · Lr4a-jv
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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