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Property profile & analytics
OFF-MARKET
Apartment buildings
165 Elm St Waterbury, CT 06702-1505
Entity Owned
1-yr Hold
Free & Clear
Property ID
US15-0110234
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1975
Lot
4.56 ac (198,634 SF)
Zoning code
RH
APN
WBRY M:0255 B:0085 L:0141
UPID
US15-0110234
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
Js Ich LLC · 1 yrs held
Js Ich LLC
since 2025
2 recorded transactions
Zoning & alternative use
RH · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote high density residential district uses
Zone name
High Density Residential District
General category
RESIDENTIAL
Zone area
120.02 ac
Source
Realmo
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 Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury 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
$263,126
Tax year 2023
Assessed value
$4,855,620
Assessed 2023
Previous assessed
$4,855,620
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$507,640
Assessed improvement
$4,347,980
Applied tax rate
312.0000
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
1975
Heating
NONE
Buildings
9
Units
76
Lot
4.56 ac (198,634 SF)
Zoning code
RH
APN
WBRY M:0255 B:0085 L:0141
UPID
US15-0110234
Jurisdiction
WATERBURY
Zoning & alternative use
RH · Waterbury, CTZoning RH · permitted uses
RH · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote high density residential district uses
Zone name
High Density Residential District
General category
RESIDENTIAL
Zone area
120.02 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Buildings
9
Units
76
Lot
4.56 ac
Current owner
From public records · entity-resolved
Js Ich LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2080 SILAS DEANE HWY STE 102B, ROCKY HILL, CT 06067-2334
Ownership since
2025
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
May 2, 2025
—
Js Ich LLC
Inner City Homes LLC
Warranty Deed
—
Aug 24, 2007
$3,000,000
Inner City Homes LLC
Lenhart,august J
Warranty Deed
$2,520,000 · New York Community Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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