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Property profile & analytics
OFF-MARKET
Residential income homes
220 Sherman Ave New Haven, CT 06518-2124
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-1269932
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1900
Total area
3,634 SF
Lot
0.17 ac (7,405 SF)
Zoning code
RM2
APN
NHVN M:337 B:0262 L:01700
UPID
US15-1269932
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Patrick Bartley Relt · 2 yrs held
Patrick Bartley Relt
since 2023
7 recorded transactions
Zoning & alternative use
RM2 · New Haven, CT
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 New Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Haven 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,301
Tax year 2024
Assessed value
$215,600
Assessed 2024
Previous assessed
$215,600
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$49,490
Assessed improvement
$166,110
Applied tax rate
306.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Buildings
1
Stories
3
Units
4
Rooms
13
Bathrooms
4
Total area
3,634 SF
Lot
0.17 ac (7,405 SF)
Zoning code
RM2
APN
NHVN M:337 B:0262 L:01700
UPID
US15-1269932
Jurisdiction
NEW HAVEN
Zoning & alternative use
RM2 · New Haven, CT
Zoning RM2 · permitted uses
RM2 · New Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Haven. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Stories
3
Buildings
1
Units
4
Rooms
13
Bathrooms
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
Patrick Bartley Relt
Individual
Mailing address
1002 E 225TH ST, BRONX, NY 10466-4804
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
—
Patrick Bartley Relt
Patrick A Bartley
Warranty Deed
—
Oct 27, 2017
$205,000
Patrick A Bartley
A A Khan LLC
Warranty Deed
$153,750 · Prysma Lndg
Dec 29, 2016
—
Aa Khan LLC
Khan,eric
Quit Claim Deed
related
—
Apr 4, 2016
$160,000
Eric Khan
Chettri,sharda K
Warranty Deed
—
Feb 17, 2006
—
Sharada Lynch
—
Deed Of Trust
related
$30,000 · Bank Of America
Jan 12, 2006
—
Sharada Lynch
—
Deed Of Trust
related
$272,000 · Old Merchants Mortgage Banks
Sep 19, 2000
$165,000
Sharada Lynch
Martin,christopher S
Warranty Deed
$107,250 · American Residential Mortgage
Jun 2, 1998
$50,000
Jch Acquisition Corp
Household Fncl Svc INC
Warranty Deed
—
Jun 2, 1998
$95,000
Christopher Martin
Jch Acquisitions Corp
Warranty Deed
$61,750 · New Jersey Mortgage & Inv
Apr 9, 1998
$44,000
Household Fncl Svcs
Derosa,gary A
Grant Deed
—
Feb 17, 1995
—
Gary A Derosa
—
Deed Of Trust
related
$44,720 · Express Funding
Oct 6, 1993
$10,000
Gabriel Derosa
Dime Sb Ny
Warranty Deed
—
May 3, 1993
$90,190
Dime Sb Ny
Giulietti,gina
Grant Deed
—
Feb 27, 1987
$232,500
Isaac L Mcbride
Giullietti,frank
Grant Deed
$186,000 · Dime Real Estate Svcs
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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