Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$405,000
Assisted living facilities
188 Starlite Dr San Mateo, CA 94402-3639
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2950495
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1959
Construction
FRAME
Total area
1,930 SF
Lot
0.23 ac (9,976 SF)
Zoning code
R10008
APN
038-173-110
UPID
US10-2950495
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
-
Enchanted Garden for Seniors Nursing Home Retirement Community
-
Larry Complete Garage Door Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$405k
Owner & transaction history
Jack Giusto JR. · 19 yrs held
Jack Giusto JR.
since 2006
7 recorded transactions
Zoning & alternative use
R10008 · San Mateo, CA
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 San Mateo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Mateo 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
by Request
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$405k
Range $365k – $446k · ±10%
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
$210 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$19,196
Tax year 2024
Assessed value
$1,490,503
Assessed 2024
Previous assessed
$1,490,503
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$728,837
Assessed improvement
$761,666
Applied tax rate
78.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1959
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Rooms
5
Bathrooms
2
Total area
1,930 SF
Lot
0.23 ac (9,976 SF)
Zoning code
R10008
APN
038-173-110
UPID
US10-2950495
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R10008 · San Mateo, CAZoning R10008 · permitted uses
R10008 · San Mateo, CA
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
1959
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Rooms
5
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Jack Giusto JR.
Individual
Mailing address
1511 6TH AVE, BELMONT, CA 94002-3821
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2006
—
Jack Giusto JR.
Giusto,jack JR
Quit Claim Deed
related
—
May 31, 2006
$1,088,000
Jack Giusto JR.
Gott,daniel & Annette
Grant Deed
$816,000 · Preferred Mortgage Services
May 31, 2006
—
Jack Giusto JR.
Leano,ferlene
Grant Deed
related
—
Dec 14, 2001
$653,000
Daniel Gott
Simmons,weldon W & June E
Grant Deed
$522,400 · Washington Mutual Fsb
—
—
Weldon W Simmons
—
Deed Of Trust
related
$100,000 · Countrywide Home Loans INC
—
—
Weldon W Simmons
—
Deed Of Trust
related
$36,950 · Patelco Cu
—
—
Alger Raymond
—
Deed Of Trust
related
—
—
—
Daniel Gott
—
Deed Of Trust
related
$525,000 · Greenpoint Mortgage Funding
—
—
Daniel Gott
—
Deed Of Trust
related
$202,500 · Chase Manhattan Bank USA NA
—
—
Daniel Gott
—
Deed Of Trust
related
$526,500 · Wells Fargo Home Mortgage INC
—
—
Weldon W Simmons
—
Deed Of Trust
related
$30,000 · Countrywide Home Loans INC
—
—
Weldon W Simmons
—
Deed Of Trust
related
$200,000 · Countrywide Home Loans INC
—
—
Weldon Simmons
—
Deed Of Trust
related
—
—
—
Weldon W Simmons
—
Deed Of Trust
related
$100,000 · Patelco Cu
—
—
Weldon W Simmons
—
Deed Of Trust
related
$285,500 · Countrywide Home Loans INC
—
—
Weldon Simmons
—
Deed Of Trust
related
$185,000 · Pib Mortgage
—
—
Weldon Simmons
—
Deed Of Trust
related
$189,000 · Time Funding Net
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 188 Starlite Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
