Individually Owned Property summary
AI-generated overview
The property is a modern, updated second-floor apartment configured with a separate living room, kitchen, and one bedroom. The building is managed under a no-pets and no-smoking policy. Hot water is provided as part of the owner-paid utilities, while residents are responsible for electricity, including electric heating. The apartment is positioned for access to Route 395 and is near shopping and other everyday conveniences; based on reported WalkScore and BikeScore measures, the surrounding area is car-dependent with limited bikeability. The building’s leasing process includes an application requirement that charges a per-adult application fee, and the owner is identified as a licensed agent.
Property profile
Verified
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1905
Construction
FRAME
Total area
4,800 SF
Lot
0.11 ac (4,792 SF)
Zoning code
C2
APN
PLAI M:01P B:0039 L:0039
UPID
US15-0534358
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Church
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
since 2021
4 recorded transactions
Zoning & alternative use
C2 · Plainfield, CT
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 22 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$280k
Value range
$252k – $308k
±10% around blend
Estimated value / SF
$58 / SF
Confidence
High
22 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$252k
blend $280k
$308k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,800 SF
Lot area
0.11 ac
Year built
1905
Stories
2
APN
PLAI M:01P B:0039 L:0039
Zoning
C2
Assessed value
$156,220
Annual tax
$3,471
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$640k
Weighted, 20 comps · high confidence
Evidence
22 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.3 mi away · 5,374 SF
15.4 mi away · 3,389 SF
15.7 mi away · 3,880 SF
16.4 mi away · 4,096 SF
18.7 mi away · 3,744 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$280k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 17 sales
$81
-28%
Submarket 17 sales
$81
-28%
County 204 sales
$90
-35%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $58/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 22 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$156k
Move the market yield to see immediate price impact.
Value / SF
$33
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$10k
$197k
$141k
$109k
$11k
$219k
$156k
$122k
$12k
$241k
$172k
$134k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
22 found
High confidence · county-verified
Closest comparable
$425k
6.1 mi · Dec 2025 · $80/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,471
Tax year 2023
Assessed value
$156,220
Assessed 2023
Previous assessed
$156,220
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$32,620
Assessed improvement
$123,600
Applied tax rate
502.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1905
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
4
Total area
4,800 SF
Lot
0.11 ac (4,792 SF)
Zoning code
C2
APN
PLAI M:01P B:0039 L:0039
UPID
US15-0534358
Jurisdiction
PLAINFIELD
Zoning & alternative use
C2 · Plainfield, CTZoning C2 · permitted uses
C2 · Plainfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1905
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
4
Lot
0.11 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C2
Jurisdiction
Plainfield, CT
Recorded code
C2
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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