Technical
Financial
Distress signals
Property profile

186 Sherman Ave New Haven, CT 06511

OFF-MARKET
Investment properties
Property ID
US15-0519883
6,154 SF 0.59 ac lot Built 1900
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 6,154 SF
Lot 0.59 ac (25,720 SF)
Zoning code RM2
APN NHVN M:318 B:0241 L:01700
UPID US15-0519883

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

186 Sherman Ave New Haven, CT 06511-4344
New Haven metro Census 140900 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$805k
Blend (final) Blend
$325k

Owner & transaction history

since 2005
5 recorded transactions
2008
Price N/A
2005
$525,000
1998
Price N/A
1989
Price N/A
1988
$647,500

Zoning & alternative use

RM2 · New Haven, CT
Zoning description

These districts exist for the protection of areas that have been and are being developed predominantly for high-middle density dwellings of various types

General category RESIDENTIAL
Top alternative use upside
Restaurant $900,000 +19.4%
Apartment house (5+ units) $775,000 +3.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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