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Property profile & analytics
OFF-MARKET
Estimated value
$4,950,000
Investment properties
1381 Putnam Ave Old Greenwich, CT 06870-1359
Entity Owned
2-yr Hold
Free & Clear
Property ID
US15-1031841
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2015
Construction
CONCRETE
Total area
10,408 SF
Lot
0.71 ac (30,928 SF)
Zoning code
LB
APN
GREE M:12 B:1028/S
UPID
US15-1031841
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
-
Greenwich Advantage Tutoring Tutoring Service
-
Estate Treasures of Greenwich Furniture & Home Goods Home Decor Store
-
Club Pilates Gym & Fitness Center
-
Pasha Mirazimi Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.05M
Blend (final)
Blend
$4.95M
Owner & transaction history
1381 E Putnam Partners Ll · 2 yrs held
1381 E Putnam Partners Ll
since 2023
Last sale
$5.1M
2 recorded transactions
Zoning & alternative use
LB · Old Greenwich, 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 Old Greenwich submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Old Greenwich 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
$4,815,000
ML approach
$4,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.95M
Range $4.46M – $5.45M · ±10% · vs last sale $5.10M (Aug 31 2023)
Last sale anchor
$5.10M
Aug 31 2023
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
$476 / 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
$55,215
Tax year 2023
Assessed value
$4,745,160
Assessed 2023
Previous assessed
$4,745,160
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,338,000
Assessed improvement
$2,407,160
Applied tax rate
124.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2015
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
1
Stories
2
Rooms
1
Total area
10,408 SF
Lot
0.71 ac (30,928 SF)
Zoning code
LB
APN
GREE M:12 B:1028/S
UPID
US15-1031841
Jurisdiction
GREENWICH
Zoning & alternative use
LB · Old Greenwich, CT
Zoning LB · permitted uses
LB · Old Greenwich, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Old Greenwich. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Rooms
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
1381 E Putnam Partners Ll
Entity
Free & Clear · 2 yrs held
Mailing address
1381 E PUTNAM AVE, OLD GREENWICH, CT 06870-1359
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2023
$5,100,000
1381 E Putnam Partners Ll
East Putnam Ave I LLC
Warranty Deed
—
Dec 29, 2016
—
East Putnam Ave 1 LLC
—
Deed
related
$4,500,000 · Fieldpoint Private Bank & Trust
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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