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Property profile & analytics
OFF-MARKET
Estimated value
$295,000
Specialty properties
218 Ml St Poughkeepsie, NY 12601-3029
Entity Owned
14-yr Hold
Free & Clear
Property ID
US63-0444166
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1900
Total area
5,931 SF
Lot
0.09 ac (3,920 SF)
Zoning code
O-R
APN
131300 6062-76-983186-0000
UPID
US63-0444166
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
-
Michael Torsone Memorial Funeral Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$260k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$295k
Owner & transaction history
Torsone St Jude LLC · 14 yrs held
Torsone St Jude LLC
since 2012
3 recorded transactions
Zoning & alternative use
O-R · Poughkeepsie, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Side yard. Where the side of a lot in the C-2 District abuts upon the side of a lot in an R or O-R District, there shall be a side yard of not less than the side yard required in the abutting R or O-R District. In all other cases a side yard for a commercial building shall not be required but, if provided, shall not be less than six feet in width. 3. Rear ya…
Zone name
Office Research
General category
INDUSTRIAL
Zone area
113.45 ac
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 Poughkeepsie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Poughkeepsie 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
$260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$295k
Range $266k – $325k · ±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
$50 / 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 2020Property tax & assessments
Tax year 2020
Assessed value
$556,100
Assessed 2023
Previous assessed
$505,500
+10.0% YoY
Assessed land
$57,800
Assessed improvement
$498,300
Land market value
$57,800
Improvement market value
$498,300
Total market value
$556,100
Applied tax rate
131,300.0000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1900
Heating
NONE
Stories
3
Total area
5,931 SF
Lot
0.09 ac (3,920 SF)
Zoning code
O-R
APN
131300 6062-76-983186-0000
UPID
US63-0444166
Jurisdiction
DUTCHESS
Zoning & alternative use
O-R · Poughkeepsie, NYZoning O-R · permitted uses
O-R · Poughkeepsie, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Side yard. Where the side of a lot in the C-2 District abuts upon the side of a lot in an R or O-R District, there shall be a side yard of not less than the side yard required in the abutting R or O-R District. In all other cases a side yard for a commercial building shall not be required but, if provided, shall not be less than six feet in width. 3. Rear yard. Where the C-2 District abuts upon an R or O-R District, there shall be a rear yard of not less than 15% of the depth of the lot, but such a rear yard need not exceed 20 feet. In all other cases a rear yard is not required, except that if one is provided it shall not be less than eight feet in depth. In the case of a corner lot abutting a nonresidential district on both streets, both interior property lines shall be considered to be side lot lines. (Note: This avoids the need for a rear yard on a corner lot in a C-2 District which would disrupt the continuity of frontage.) (c)
Zone name
Office Research
General category
INDUSTRIAL
Zone area
113.45 ac
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
Torsone St Jude LLC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 732, HIGHLAND, NY 12528-0732
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2012
—
Torsone St Jude LLC
Freer,anita T
Grant Deed
—
Dec 14, 2010
$260,000
Anita Freer
Torsone,michael
Grant Deed
related
—
—
—
Anita T Freer
—
Deed Of Trust
related
$450,000 · Michael Torsone
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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