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Property profile & analytics
OFF-MARKET
Estimated value
$365,000
Investment properties
12-14 Cherry St Milford, CT 06460
Entity Owned
23-yr Hold
Property ID
US15-0757505
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.51 ac (22,226 SF)
Zoning code
RO
APN
MILF M:65 B:822 L:45
UPID
US15-0757505
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
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$365k
Owner & transaction history
Cherry St Prop LLC · 23 yrs held
Cherry St Prop LLC
since 2002
2 recorded transactions
Zoning & alternative use
RO · Milford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ion for a Special Exception to extend, enlarge or alter said legal non-conforming lot, structure or use, provided that the applicant meets minimum development standards of the SFA-10 District for a 2, 3 or 4-family use, RO District for an office use, and CDD- 5 District for a restaurant use. 7.3.7 Nursing Homes shall be permitted by Special Exception in any…
Zone name
Residential Office
General category
MIXED_USE
Zone area
24.94 ac
Source
ZONING REGULATIONS
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 Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$365k
Range $329k – $402k · ±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
—
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
$20,085
Tax year 2023
Assessed value
$739,240
Assessed 2023
Previous assessed
$739,240
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$315,000
Assessed improvement
$424,240
Applied tax rate
333.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
8
Lot
0.51 ac (22,226 SF)
Zoning code
RO
APN
MILF M:65 B:822 L:45
UPID
US15-0757505
Jurisdiction
MILFORD
Zoning & alternative use
RO · Milford, CTZoning RO · permitted uses
RO · Milford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ion for a Special Exception to extend, enlarge or alter said legal non-conforming lot, structure or use, provided that the applicant meets minimum development standards of the SFA-10 District for a 2, 3 or 4-family use, RO District for an office use, and CDD- 5 District for a restaurant use. 7.3.7 Nursing Homes shall be permitted by Special Exception in any zone district provided the criteria of Sections 7.3.1, 7.3.2, 7.3.3, 7.3.4 7.3.5,
Zone name
Residential Office
General category
MIXED_USE
Zone area
24.94 ac
Source
ZONING REGULATIONS
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
8
Lot
0.51 ac
Current owner
From public records · entity-resolved
Cherry St Prop LLC
Entity
Mailing address
400 BUTTERNUT CT, ORANGE, CT 06477-2309
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2002
$750,000
Cherry St Prop LLC
Patton Ft
Deed Of Trust
related
$450,000 · Zenon Grzybowski
Nov 15, 1996
—
Patton Ft
—
Deed Of Trust
related
$322,500 · 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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