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Property profile & analytics
OFF-MARKET
Estimated value
$430,000
Residential income homes
20 Bank St Plainville, CT 06062
Individually Owned
4-yr Hold
Property ID
US15-0151005
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1950
Total area
3,490 SF
Lot
0.49 ac (21,344 SF)
Zoning code
R-11
APN
PLAI M:28 B:H L:05
UPID
US15-0151005
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
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$430k
Owner & transaction history
Joseph Marinelli · 4 yrs held
Joseph Marinelli
since 2022
Last sale
$418,000
7 recorded transactions
Zoning & alternative use
R-11 · Plainville, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Multi Family Single Family Residence
General category
RESIDENTIAL
Zone area
789.81 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 Plainville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainville 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
$430,000
ML approach
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$430k
Range $387k – $473k · ±10% · vs last sale $418k (Jan 18 2022)
Last sale anchor
$418k
Jan 18 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
$123 / 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
$9,053
Tax year 2023
Assessed value
$288,120
Assessed 2023
Previous assessed
$288,120
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$44,030
Assessed improvement
$244,090
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
1950
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
4
Rooms
15
Bathrooms
4
Total area
3,490 SF
Lot
0.49 ac (21,344 SF)
Zoning code
R-11
APN
PLAI M:28 B:H L:05
UPID
US15-0151005
Jurisdiction
PLAINVILLE
Zoning & alternative use
R-11 · Plainville, CTZoning R-11 · permitted uses
R-11 · Plainville, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Multi Family Single Family Residence
General category
RESIDENTIAL
Zone area
789.81 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1950
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
4
Rooms
15
Bathrooms
4
Lot
0.49 ac
Current owner
From public records · entity-resolved
Joseph Marinelli
Individual
Mailing address
20 BANK ST, PLAINVILLE, CT 06062
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
Jan 18, 2022
—
Joseph Marinelli
Joseph Marinelli
Quit Claim Deed
related
—
Jan 18, 2022
$418,000
Joseph Marinelli
Edward A Cohen
Warranty Deed
$302,250 · Bestway Mortgage Corp
Sep 20, 2017
—
Edward A Cohen
Hollandale Estates LLC
Quit Claim Deed
related
—
Sep 20, 2017
$210,000
Hollandale Estates LLC
Corey Gauthier
Foreclosure
related
—
Nov 9, 2006
$260,000
Corey Gauthier
Ott,earl Francis SR
Warranty Deed
$208,000 · Freedom Mortgage
Nov 9, 2006
—
Corey Gauthier
—
Deed Of Trust
related
$39,000 · Freedom Mortgage
Mar 4, 2005
—
Earl Francisott SR.
—
Deed Of Trust
related
$206,000 · Bank Of America
Jul 1, 2004
—
Earl Francis Ott SR.
—
Deed Of Trust
related
$33,750 · Nation One Mortgage Co INC
Jul 1, 2004
$225,000
Earl Francis Ott SR.
Ott,earl
Warranty Deed
related
$168,750 · Nation One Mortgage Co INC
Jul 3, 2001
$156,500
Earl Ott
Santini,helen
Warranty Deed
$117,375 · Master Financial INC
Jan 7, 1997
$110,000
Helen M Boukus
Great Western Bank
Warranty Deed
$88,000 · Zions First National Bank
Apr 1, 1993
$179,900
Robert Pent
Petit,thomas
Warranty Deed
$140,000 · Great Western Mortgage Co
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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