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Property profile & analytics
OFF-MARKET
Apartment buildings
129 Locust St Waterbury, CT 06704-3608
Entity Owned
13-yr Hold
Free & Clear
Property ID
US15-0062825
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1909
Total area
4,464 SF
Lot
0.12 ac (5,227 SF)
Zoning code
RM
APN
WBRY M:0237 B:0181 L:0053
UPID
US15-0062825
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Savings Bank Of Danbury · 13 yrs held
Savings Bank Of Danbury
since 2013
7 recorded transactions
Zoning & alternative use
RM · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote moderate density residential district uses
Zone name
Moderate Density Residential District
General category
RESIDENTIAL
Zone area
2,296.37 ac
Source
Realmo
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 Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury 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 2024Property tax & assessments
Tax year 2024
Tax billed
$15,037
Tax year 2024
Assessed value
$304,150
Assessed 2024
Previous assessed
$304,150
+0.0% YoY
Effective rate
4.94%
On assessed value
Assessed land
$42,000
Assessed improvement
$262,150
Applied tax rate
312.0000
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
1909
Heating
SPACE
Buildings
1
Stories
3
Units
6
Total area
4,464 SF
Lot
0.12 ac (5,227 SF)
Zoning code
RM
APN
WBRY M:0237 B:0181 L:0053
UPID
US15-0062825
Jurisdiction
WATERBURY
Zoning & alternative use
RM · Waterbury, CTZoning RM · permitted uses
RM · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote moderate density residential district uses
Zone name
Moderate Density Residential District
General category
RESIDENTIAL
Zone area
2,296.37 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1909
Heating
SPACE
Stories
3
Buildings
1
Units
6
Lot
0.12 ac
Current owner
From public records · entity-resolved
Savings Bank Of Danbury
Entity
Free & Clear · 13 yrs held
Mailing address
151 NORTHWOOD DR, MIDDLEBURY, CT 06762-1705
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2013
—
Savings Bank Of Danbury
Gajaraj,krishnaswamy
Foreclosure
related
—
Oct 28, 2009
$230,000
Krishnaswamy Gajaraj
Grella,micaela
Warranty Deed
$161,000 · Savings Bank Of Danbury
Feb 29, 2008
$75,000
Micaela Grella
Bayview Loan Svcng LLC
Warranty Deed
—
Aug 27, 2007
$160,900
Bayview Loan Svcng LLC
Derosa,david V
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Jul 27, 2005
$195,000
Manuel Matute
Avelino,manuel A
Warranty Deed
$146,250 · Interbay Funding LLC
Apr 28, 2000
—
Manuel A Avelino
—
Deed Of Trust
related
$55,000 · Delta Funding
Aug 20, 1991
—
Manuel A Avelino
—
Deed Of Trust
related
$30,000 · Mahler Financial Services
Sep 2, 1987
—
Manuel Depina
—
Deed Of Trust
related
$23,500 · Mahler Financial Services
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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