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Property profile & analytics
OFF-MARKET
Day care centers
120 French Mtn Rd Watertown, CT 06795-1020
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US15-0909610
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1998
Construction
FRAME
Total area
4,980 SF
Lot
16.98 ac (739,649 SF)
Zoning code
R90
APN
WTWN M:4 B:2 L:7A
UPID
US15-0909610
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
Current use
Occupant on record · Public records
-
Kangaroo's Korner Early Learning Daycare Center
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
Fm Rlty Assoc · 26 yrs held
Fm Rlty Assoc
since 1999
7 recorded transactions
Zoning & alternative use
R90 · Watertown, 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 Watertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watertown 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
$13,207
Tax year 2023
Assessed value
$358,300
Assessed 2023
Previous assessed
$358,300
+0.0% YoY
Effective rate
3.69%
On assessed value
Assessed land
$106,800
Assessed improvement
$251,500
Applied tax rate
240.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
4,980 SF
Lot
16.98 ac (739,649 SF)
Zoning code
R90
APN
WTWN M:4 B:2 L:7A
UPID
US15-0909610
Jurisdiction
WATERTOWN
Zoning & alternative use
R90 · Watertown, CTZoning R90 · permitted uses
R90 · Watertown, 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
1998
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
16.98 ac
Current owner
From public records · entity-resolved
Fm Rlty Assoc
Individual
Mailing address
500 E LAS OLAS BLVD APT #1206, FORT LAUDERDALE, FL 33301-2574
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2024
—
Fm Realty Associates LLC
—
Deed
related
$103,000 · Alan Schlesinger
Dec 7, 2023
—
Fm Realty Associates LLC
—
Deed
related
$290,000 · Alan Schlesinger
Sep 19, 2022
—
Fm Realty Associates LLC
—
Deed
related
$75,000 · Alan Schlesinger
Dec 1, 2020
—
Fm Realty Assocs LLC
—
Deed
related
$71,000 · Alan Schlesinger
Jun 1, 2006
—
Fm Realty
—
Deed Of Trust
related
$565,000 · Webster Bank
Sep 18, 2003
—
F M Rlty
—
Deed Of Trust
related
$355,000 · Webster Bank
Aug 11, 1999
$301,490
Fm Rlty Assoc
Therapy Unltd
Grant Deed
$375,000 · Business Lenders INC
May 11, 1998
—
Thearapy Unlimited
—
Deed Of Trust
related
$70,000 · American Bank Of Conneticut
Jun 27, 1997
$265,000
Therapy Unltd
Bankers Trust
Grant Deed
$212,000 · American Bank Of Conneticut
Jun 27, 1997
$166,000
Funding Wilshire
365 Main St Assoc
Warranty Deed
related
—
Apr 16, 1992
$290,000
Ralph Barilla
Sne Dist Assemblies Go
Warranty Deed
$300,000 · Heritage Bank
—
—
Fm Realty Assocs LLC
—
Deed Of Trust
related
$71,000 · Alan Schlesinger
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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