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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Residential income homes
17 Balmforth Ave Danbury, CT 06810-5999
Individually Owned
4-yr Hold
Free & Clear
Property ID
US15-0968440
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1868
Total area
3,636 SF
Lot
0.38 ac (16,553 SF)
Zoning code
RMF4
APN
DANB M:I13 L:131
UPID
US15-0968440
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
-
JC & Junior Marble & Granite Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$685k
Blend (final)
Blend
$705k
Owner & transaction history
Lizardo G Tenemaza · 4 yrs held
Lizardo G Tenemaza
since 2021
Last sale
$675,000
5 recorded transactions
Zoning & alternative use
RMF4 · Danbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$850,000
+22.9%
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
Method
Estimation
Statistic approach
$915,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$690,000
Current use
AUTO REPAIR, GARAGE
$850,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$675,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $675k (Sep 21 2021)
Last sale anchor
$675k
Sep 21 2021
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
$194 / 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
$10,743
Tax year 2023
Assessed value
$460,460
Assessed 2023
Previous assessed
$460,460
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$61,740
Assessed improvement
$398,720
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
1868
Heating
HOT WATER
Buildings
1
Stories
3
Units
4
Rooms
15
Bathrooms
4
Total area
3,636 SF
Lot
0.38 ac (16,553 SF)
Zoning code
RMF4
APN
DANB M:I13 L:131
UPID
US15-0968440
Jurisdiction
DANBURY
Zoning & alternative use
RMF4 · Danbury, CT
Zoning RMF4 · permitted uses
RMF4 · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$850,000
RETAIL STORES
Est. value
$675,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1868
Heating
HOT WATER
Stories
3
Buildings
1
Units
4
Rooms
15
Bathrooms
4
Lot
0.38 ac
Current owner
From public records · entity-resolved
Lizardo G Tenemaza
Individual
Free & Clear · 4 yrs held
Mailing address
48 ABBOTT AVE, DANBURY, CT 06810-5358
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2021
$675,000
Lizardo G Tenemaza
Seventeen LLC
Warranty Deed
—
Aug 5, 2003
—
Lorraine Piskura
—
Deed Of Trust
related
$200,000 · Market Street Mortgage
Dec 7, 1999
—
Lucrative Bldng Prop
—
Deed Of Trust
related
$206,000 · James Piskura
Sep 8, 1997
—
Lucrative Building
—
Deed Of Trust
related
$33,000 · Nmbt
Jan 21, 1997
—
Lucrative Building
—
Deed Of Trust
related
$60,000 · Nmbt
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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