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Property profile & analytics
OFF-MARKET
Residential income homes
16 Coe Ave Portland, CT 06480-1400
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0124965
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1900
Total area
4,052 SF
Lot
0.24 ac (10,454 SF)
Zoning code
R10
APN
PORT M:038 B:0056
UPID
US15-0124965
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
Catherine Murphy · 4 yrs held
Catherine Murphy
since 2021
Last sale
$425,000
7 recorded transactions
Zoning & alternative use
R10 · Portland, 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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
$9,598
Tax year 2023
Assessed value
$295,680
Assessed 2023
Previous assessed
$295,680
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$46,480
Assessed improvement
$249,200
Applied tax rate
276.0000
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
1900
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
4
Rooms
18
Bathrooms
5
Total area
4,052 SF
Lot
0.24 ac (10,454 SF)
Zoning code
R10
APN
PORT M:038 B:0056
UPID
US15-0124965
Jurisdiction
PORTLAND
Zoning & alternative use
R10 · Portland, CTZoning R10 · permitted uses
R10 · Portland, CT
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
1900
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
4
Rooms
18
Bathrooms
5
Lot
0.24 ac
Current owner
From public records · entity-resolved
Catherine Murphy
Individual
Mailing address
49 PUTNAM BLVD #1008, GLASTONBURY, CT 06033-1079
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2021
$425,000
Catherine Murphy
Lawrence R Scully
Warranty Deed
—
Mar 23, 2015
$332,000
Lawrence R Scully
Shafer John P & Jennifer P
Warranty Deed
$325,986 · Stearns Lndg
Aug 18, 2010
—
John Philip Shafer
—
Deed Of Trust
related
$298,570 · Norwich Commercal Grp
May 3, 2010
$575,000
Anderegg,nicholas T
Evelyn C Granata Irt
Grant Deed
—
May 3, 2010
—
Anderegg,nicholas T
—
Grant Deed
related
$10,200 · Ct Housing Fin Auth
Feb 23, 2004
—
Richard M Walton
—
Deed Of Trust
related
$164,500 · Access Mortgage
Sep 30, 2002
—
Richard Walton
—
Deed Of Trust
related
$168,750 · First Fed'l S & L Boston
Jul 22, 2002
—
Richard M Walton
—
Deed Of Trust
related
$143,100 · Wachovia Mortgage Co
Dec 3, 2001
$173,000
Richard M Walton
Fletcher,david M
Warranty Deed
$138,400 · First Union Mortgage
Dec 16, 1998
—
David M Fletcher
—
Deed Of Trust
related
$117,600 · Equity One INC
Nov 19, 1997
—
Richard M Brainard
—
Deed Of Trust
related
$13,000 · Liberty Bank
Feb 18, 1993
—
David M Fletcher
—
Deed Of Trust
related
$101,000 · Centerbank Mortgage
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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