Back to Search
Property profile & analytics
OFF-MARKET
Garden apartment buildings
156 Carson Rd Monroe, OH 45050-4625
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US66-5897640
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Total area
3,600 SF
Lot
0.33 ac (14,157 SF)
APN
C1800-008.320-061
UPID
US66-5897640
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
Kevin Hageman · 4 yrs held
Kevin Hageman
since 2022
Last sale
$240,000
7 recorded transactions
Zoning & alternative use
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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,589
Tax year 2023
Assessed value
$82,080
Assessed 2023
Previous assessed
$68,640
+19.6% YoY
Effective rate
5.59%
On assessed value
Assessed land
$11,200
Assessed improvement
$70,880
Land market value
$32,000
Improvement market value
$202,500
Total market value
$234,500
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1973
Heating
HOT WATER
Cooling
WINDOW A/C
Stories
2
Units
4
Bathrooms
2
Total area
3,600 SF
Lot
0.33 ac (14,157 SF)
APN
C1800-008.320-061
UPID
US66-5897640
Jurisdiction
BUTLER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
4
Bathrooms
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
Kevin Hageman
Individual
Mailing address
156 CARSON RD, LIBERTY TOWNSHIP, OH 45050-4625
Ownership since
2022
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
Jun 9, 2022
$240,000
Kevin Hageman
C Square Ventures LLC
Warranty Deed
$192,000 · Union Savings Bank
Nov 3, 2017
—
C Square Ventures LLC
Crabb,wade & Karen
Warranty Deed
—
Sep 28, 2017
$184,000
Wade Crabb
John M Green
Warranty Deed
$138,000 · The Huntington National Bank
Sep 27, 2016
$177,000
John M Green
Seibold,pamela
Warranty Deed
$132,750 · Prime Lndg
Sep 19, 2013
$191,500
Pamela Seibold
Cindy L Whiteman
Warranty Deed
$140,000 · Jpmorgan Chase Bank NA
Feb 11, 2008
$190,000
Cindy L Whiteman
H Joseph Steck
Warranty Deed
$142,500 · National City Mortgage
Jan 28, 2008
—
H Joseph Steck
Bollinger,david J & Angela M
Quit Claim Deed
—
—
—
Angela M Bollinger
—
Deed Of Trust
related
$103,000 · Humbert Mortgage INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 156 Carson Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.