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Property profile & analytics
OFF-MARKET
Estimated value
$1,730,000
Investment properties
174 Willow St Waterbury, CT 06710-1957
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-1232563
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Total area
22,374 SF
Lot
0.14 ac (6,098 SF)
Zoning code
RM
APN
WBRY M:0234 B:0540 L:0043
UPID
US15-1232563
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
$1.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.20M
Blend (final)
Blend
$1.73M
Owner & transaction history
174 Willow St LLC · 3 yrs held
174 Willow St LLC
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
RM · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.2M
+41.6%
Auto repair, garage
$2.0M
+30.2%
Office building
$1.8M
+17.0%
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
Method
Estimation
Statistic approach
$1,335,000
ML approach
$1,525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,560,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,205,000
Change: +42% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,030,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$1,820,000
Change: +17% · Conversion: Easy
RETAIL STORES
$1,815,000
Change: +16% · Conversion: Easy
WAREHOUSE, STORAGE
$1,315,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.73M
Range $1.56M – $1.90M · ±10% · vs last sale $1.90M (Sep 16 2022)
Last sale anchor
$1.90M
Sep 16 2022
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
$77 / 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
$69,292
Tax year 2023
Assessed value
$1,278,690
Assessed 2023
Previous assessed
$1,278,690
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$201,950
Assessed improvement
$1,076,740
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1910
Heating
RADIANT
Buildings
1
Stories
4
Units
31
Total area
22,374 SF
Lot
0.14 ac (6,098 SF)
Zoning code
RM
APN
WBRY M:0234 B:0540 L:0043
UPID
US15-1232563
Jurisdiction
WATERBURY
Zoning & alternative use
RM · Waterbury, CT
Zoning RM · permitted uses
RM · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1910
Heating
RADIANT
Stories
4
Buildings
1
Units
31
Lot
0.14 ac
Current owner
From public records · entity-resolved
174 Willow St LLC
Entity
Mailing address
174 WILLOW ST, WATERBURY, CT 06710-1957
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2022
$1,900,000
174 Willow St LLC
Chevron LLC
Warranty Deed
$1,525,000 · Loan Funder LLC
Mar 30, 2021
$995,000
Chevron LLC
Willow Apartments LLC
Warranty Deed
$47,939 · Sabal Capital 2 LLC
Jan 27, 2021
—
Willow Apartments LLC
—
Deed
related
$1,300,000 · Bedrock Liberty Fndtn
Jan 22, 2015
—
Willow Apartments LLC
Mazel Apartments II LLC
Quit Claim Deed
related
—
Dec 29, 2014
$38,506
Mazel Apts 2 LLC
171 Willow St LLC
Tax Deed
—
Aug 29, 2013
$160,000
Apartments 2 Mazel
171 Willow Street LLC
Tax Collector
—
Apr 13, 2010
$1
171 Willow Street LLC
Prospect Court LLC
Grant Deed
related
—
Mar 10, 2010
—
Astoria Fed Mortgage Corp
Merenstein,leah
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Mar 2, 2010
$1
Willow Estates LLC
Bracha Building LLC
Grant Deed
related
—
Mar 23, 2005
$1,225,000
Bracha Bldg LLC
Haya Prop
Warranty Deed
$852,000 · Astoria Federal Mortgage Corp
Oct 23, 1998
—
Chris Champagne
—
Deed Of Trust
related
$140,000 · Waterbury Hsng Fund
Jul 17, 1996
$125,000
Chris Champagne
Drubner,norman S Tr
Warranty Deed
—
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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