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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Apartment buildings
138 Hallock Ave New Haven, CT 06519-2760
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0085201
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1900
Total area
6,614 SF
Lot
0.18 ac (7,666 SF)
Zoning code
RM2
APN
NHVN M:267 B:0008 L:00800
UPID
US15-0085201
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
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$673k
Blend (final)
Blend
$535k
Owner & transaction history
Abcd Properties De LLC · 5 yrs held
Abcd Properties De LLC
since 2021
7 recorded transactions
Zoning & alternative use
RM2 · New Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$715,000
+12.4%
Retail stores
$705,000
+10.6%
Commercial (general)
$635,000
+0.1%
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 New Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Haven 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
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$635,000
Current use
OFFICE BUILDING
$715,000
Change: +12% · Conversion: Moderate
RETAIL STORES
$705,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$635,000
Change: +0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$600,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$81 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$16,682
Tax year 2024
Assessed value
$433,300
Assessed 2024
Previous assessed
$433,300
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$26,110
Assessed improvement
$407,190
Applied tax rate
306.0000
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
1900
Heating
FORCED AIR
Buildings
1
Stories
3
Units
6
Rooms
24
Bathrooms
6
Total area
6,614 SF
Lot
0.18 ac (7,666 SF)
Zoning code
RM2
APN
NHVN M:267 B:0008 L:00800
UPID
US15-0085201
Jurisdiction
NEW HAVEN
Zoning & alternative use
RM2 · New Haven, CT
Zoning RM2 · permitted uses
RM2 · New Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$635,000
OFFICE BUILDING
Est. value
$715,000
RETAIL STORES
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$635,000
AUTO REPAIR, GARAGE
Est. value
$600,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1900
Heating
FORCED AIR
Stories
3
Buildings
1
Units
6
Rooms
24
Bathrooms
6
Lot
0.18 ac
Current owner
From public records · entity-resolved
Abcd Properties De LLC
Entity
Mailing address
399 WHALLEY AVE, NEW HAVEN, CT 06511-3008
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2021
—
Abcd Properties De LLC
Abcd Properties LLC
Warranty Deed
—
Aug 6, 2019
—
Abcd Props LLC
Netz Te LLC
Quit Claim Deed
related
—
Jun 20, 2019
$565,000
Netz Te LLC
Nhr 2013 LLC
Warranty Deed
—
Jun 11, 2014
—
Nhr 2013
—
Deed Of Trust
related
$500,000 · Conn Lendng Ptnrs LLC
Jun 17, 2013
$375,000
Nhr 2013 LLC
Blox Hallock LLC
Deed
$400,000 · Sunrise Financial LLC
Dec 10, 2010
$1
Blox Hallock LLC
Wallach,daniel
Grant Deed
related
—
Feb 18, 2010
$1
Daniel Wallach
Blox Hallock LLC
Grant Deed
related
—
Aug 8, 2006
$1
Blox Hallock LLC
Wallach,daniel
Grant Deed
related
—
Apr 12, 2006
$515,000
Dan Wallach
Endeavor Hldgs LLC
Warranty Deed
$412,000 · Silver Hill Fncl LLC
Apr 12, 2006
—
Dan Wallach
—
Deed Of Trust
related
$51,500 · Silver Hill Financial LLC
Mar 5, 2004
$170,000
Endeaver Hldg LLC
Hallock Hldg T
Warranty Deed
$202,500 · High State Investment LP
Jun 30, 1989
$200,000
John Yost
Kaiser,walter A
Grant Deed
—
Nov 9, 1987
—
John Yost
—
Deed Of Trust
related
$265,000 · Ct Bank Of Commerce
—
—
Nhr 2013 LLC
—
Deed Of Trust
related
$200,000 · Conn Lendng Ptnrs LLC
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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