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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Apartment buildings
117 Stephen Rd, Aptos, CA 95003-4524
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2180265
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Construction
WOOD
Total area
4,416 SF
Lot
0.12 ac (5,401 SF)
Zoning code
RM-3
APN
042-141-31
UPID
US09-2180265
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
$705k
Blend (final)
Blend
$1.01M
Owner & transaction history
Sdsz Investments LLC · 6 yrs held
Sdsz Investments LLC
since 2019
7 recorded transactions
Zoning & alternative use
RM-3 · Aptos, CA
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 Aptos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aptos 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
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±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
$228 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$33,404
Tax year 2024
Assessed value
$2,516,994
Assessed 2024
Previous assessed
$2,516,994
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,498,402
Assessed improvement
$1,018,592
Applied tax rate
69.0000
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
1961
Construction
WOOD
Heating
NONE
Stories
2
Units
5
Total area
4,416 SF
Lot
0.12 ac (5,401 SF)
Zoning code
RM-3
APN
042-141-31
UPID
US09-2180265
Jurisdiction
SANTA CRUZ
Zoning & alternative use
RM-3 · Aptos, CA
Zoning RM-3 · permitted uses
RM-3 · Aptos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aptos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
WOOD
Heating
NONE
Stories
2
Units
5
Lot
0.12 ac
Current owner
From public records · entity-resolved
Sdsz Investments LLC
Entity
Mailing address
290 APTOS HTS, APTOS, CA 95003-3044
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2019
$2,347,500
Sdsz Investments LLC
Norma Navarro
Grant Deed
$1,135,000 · Capital Bank
Feb 2, 2017
—
Norma Yolanda Navarro
—
Deed
related
$1,391,000 · Bofi Federal Bank
May 18, 2016
—
Navarro,norma Y Living Trust
Navarro,norma
Quit Claim Deed
related
—
Apr 26, 2016
$1,320,000
Edwin A Tognetti
Tyqm
Grant Deed
$1,385,000 · Private Individual
Apr 26, 2016
—
Edwin A Tognetti
Tagnetti,carolyn G
Quit Claim Deed
related
—
Nov 30, 1990
$500,000
Jackson,ulric L
Chirco,don B
Trustees Deed
—
—
—
T Y Q M
—
Deed Of Trust
related
$315,000 · San Francisco Federal S & L
—
—
T Y Q M
—
Deed Of Trust
related
$310,000 · Bay View Federal Bank
—
—
Tyqm Gp
—
Deed Of Trust
related
$430,000 · Citibank West Fsb
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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