Technical
Financial
Distress signals
Property profile

23 Montrose Dr Newark, DE 19713

OFF-MARKET
Residential income homes
Property ID
US17-0160330
1,575 SF 0.16 ac lot Built 1953
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Residential income homes
Use group BOARDING/ROOMING HOUSE
Year built 1953
Total area 1,575 SF
Lot 0.16 ac (6,970 SF)
Zoning code NC6.5
APN 11-002.40-252
UPID US17-0160330

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

23 Montrose Dr Newark, DE 19713-2756
Newark metro Census 14703 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2024
Price N/A
2021
Price N/A
2014
$142,000

Zoning & alternative use

NC6.5 · Newark, DE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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