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Property profile & analytics
OFF-MARKET
Residential income homes
16 Benedict Ave Danbury, CT 06810-5426
Individually Owned
11-yr Hold
Property ID
US15-0079755
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1893
Total area
6,562 SF
Lot
0.37 ac (16,117 SF)
Zoning code
R3
APN
DANB M:H14 L:112
UPID
US15-0079755
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
David J Benincasa · 11 yrs held
David J Benincasa
since 2014
6 recorded transactions
Zoning & alternative use
R3 · Danbury, 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 Danbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danbury 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
$15,701
Tax year 2023
Assessed value
$672,980
Assessed 2023
Previous assessed
$672,980
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$60,900
Assessed improvement
$612,080
Applied tax rate
102.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1893
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
3
Rooms
22
Bathrooms
10
Total area
6,562 SF
Lot
0.37 ac (16,117 SF)
Zoning code
R3
APN
DANB M:H14 L:112
UPID
US15-0079755
Jurisdiction
DANBURY
Zoning & alternative use
R3 · Danbury, CT
Zoning R3 · permitted uses
R3 · Danbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1893
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
3
Rooms
22
Bathrooms
10
Lot
0.37 ac
Current owner
From public records · entity-resolved
David J Benincasa
Individual
Mailing address
60 ML PLN RD, DANBURY, CT 06811-5140
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2014
$140,000
David J Benincasa
Stelzel,john
Warranty Deed
$112,000 · Naugatuck Vly S&l
Dec 23, 2003
—
Harold Stelzel
—
Deed Of Trust
related
$801,650 · National City Mortgage Co
Aug 17, 1999
$52,500
Norman Servadio
Boughton,gary
Warranty Deed
—
Jun 7, 1993
—
Harold Stelzel
—
Deed Of Trust
related
$91,000 · Comnet Mortgage Service INC
Apr 10, 1990
$125,000
Harold Stelzel
Boughton,gary
Grant Deed
$90,000 · Union Savings Bank Danbury
Jan 6, 1987
—
Gary Boughton
—
Deed Of Trust
related
$50,000 · Zwi Kohorn
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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