Property profile

127-129 Minerva St Derby, CT 06418

OFF-MARKET
Residential income homes
Property ID
US15-0621004
3,252 SF 0.15 ac lot Built 1920
Individually Owned 8-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1920
Total area 3,252 SF
Lot 0.15 ac (6,534 SF)
Zoning code CDD
APN DERB M:8 B:5 L:93
UPID US15-0621004

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

127-129 Minerva St Derby, CT 06418
Derby metro Census 120200 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2018
Last sale
$358,000
2 recorded transactions
2018
$230,000
1994
Price N/A

Zoning & alternative use

CDD · Derby, CT
Zoning description

(“CDD Zone”) north of Main Street and the Mill Design District (MDD), consistent with the goals and objectives of the Derby Plan of Conservation and Development (“POCD”). The C-PDD Zone will provide for modifications to…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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