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Property profile & analytics
OFF-MARKET
Investment properties
234 Rexford Pl Watertown, NY 13601-4096
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-2132660
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1960
Total area
4,032 SF
Lot
0.84 ac (36,765 SF)
Zoning code
DC
APN
221800 10-05-224.000
UPID
US63-2132660
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
-
Mc Williams Mark J DDS Dental Office
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
Matthew B Owensmith · 1 yrs held
Matthew B Owensmith
since 2024
Last sale
$375,000
5 recorded transactions
Zoning & alternative use
DC · Watertown, NY
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 Watertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watertown 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
Property tax & assessments
Assessed value
$188,300
Assessed 2023
Previous assessed
$188,300
+0.0% YoY
Assessed land
$40,000
Assessed improvement
$148,300
Land market value
$48,200
Improvement market value
$178,700
Total market value
$226,900
Applied tax rate
221,800.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1960
Heating
NONE
Buildings
1
Stories
2
Total area
4,032 SF
Lot
0.84 ac (36,765 SF)
Zoning code
DC
APN
221800 10-05-224.000
UPID
US63-2132660
Jurisdiction
JEFFERSON
Zoning & alternative use
DC · Watertown, NY
Zoning DC · permitted uses
DC · Watertown, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watertown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Stories
2
Buildings
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Matthew B Owensmith
Individual
Mailing address
142 ARC ST #101, WATERTOWN, NY 13601-3213
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2024
$387,000
Matthew B Owensmith
Jsj Nny LLC
Warranty Deed
$395,320 · Americu Cu
Aug 29, 2019
$85,000
Timothy M Hodge
Stinson,gary
Warranty Deed
$50,000 · Gary Stinson
Jul 1, 2019
—
Jsj Nny LLC
—
Deed
related
$1,020,000 · Americu Cu
Mar 1, 2019
$230,000
Jsj Nny LLC
Mcwilliams,mark J & Shayne O
Warranty Deed
$200,000 · Mark J Mcwilliams
—
—
Jsj Nny LLC
—
Deed Of Trust
related
$1,020,000 · Americu Cu
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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