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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Garden apartment buildings
12798 Rte 19th S, Waterford, PA 16441-9073
Trust Owned
Free & Clear
Property ID
US73-2742504
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1994
Construction
WOOD
Total area
8,232 SF
Lot
1.16 ac (50,530 SF)
Zoning code
A1
APN
47-025-060.0-016.00
UPID
US73-2742504
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
$765k
CAP Approach
CAP
$780k
Comparable Approach
Comparable
$744k
Blend (final)
Blend
$765k
Owner & transaction history
The Gold Coast Trust
The Gold Coast Trust
since 2025
4 recorded transactions
Zoning & alternative use
A1 · Waterford, PA
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 Waterford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterford 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
$815,000
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
$845,000
6.5%
$780,000
7%
$725,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$725,000
Current use
OFFICE BUILDING
$625,000
Change: -14% · Conversion: Moderate
RESTAURANT
$605,000
Change: -17% · Conversion: Difficult
RETAIL STORES
$590,000
Change: -19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$580,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$93 / 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
$6,902
Tax year 2023
Assessed value
$324,200
Assessed 2024
Previous assessed
$324,200
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$34,800
Assessed improvement
$289,400
Land market value
$34,800
Improvement market value
$289,400
Total market value
$324,200
Applied tax rate
47.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1994
Construction
WOOD
Heating
NONE
Stories
1
Total area
8,232 SF
Lot
1.16 ac (50,530 SF)
Zoning code
A1
APN
47-025-060.0-016.00
UPID
US73-2742504
Jurisdiction
ERIE
Zoning & alternative use
A1 · Waterford, PA
Zoning A1 · permitted uses
A1 · Waterford, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$725,000
OFFICE BUILDING
Est. value
$625,000
RESTAURANT
Est. value
$605,000
RETAIL STORES
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$580,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
1994
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
The Gold Coast Trust
Trust
Free & Clear · 0 yrs held
Mailing address
79-81 MAIN ST UNIT #829, YONKERS, NY 10702-7572
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2025
—
The Gold Coast Trust
Great Lake View Apartments LLC
Deed
—
Jul 31, 2023
$650,000
Simple
Michael C Vogel
Special Warranty Deed
$608,000 · Ameriserv Financial Bank
—
—
Michael Vogel
—
Deed Of Trust
related
$200,000 · Department Of Cmnty & Econ Dev
—
—
Michael C Vogel
—
Deed Of Trust
related
$200,000 · Mercer County State 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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