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Property profile & analytics
OFF-MARKET
Residential income homes
238 Oak St, Manchester, CT 06040-6144
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US15-0496757
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1917
Total area
3,744 SF
Lot
0.32 ac (13,939 SF)
Zoning code
RB
APN
MANC M:95 B:4240 L:238
UPID
US15-0496757
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
Gerald P Rothman · 22 yrs held
Gerald P Rothman
since 2003
Last sale
$184,000
3 recorded transactions
Zoning & alternative use
RB · Manchester, 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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,816
Tax year 2023
Assessed value
$210,100
Assessed 2023
Previous assessed
$210,100
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$40,300
Assessed improvement
$169,800
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
1917
Heating
FORCED AIR
Buildings
1
Stories
3
Units
4
Rooms
16
Bathrooms
4
Total area
3,744 SF
Lot
0.32 ac (13,939 SF)
Zoning code
RB
APN
MANC M:95 B:4240 L:238
UPID
US15-0496757
Jurisdiction
MANCHESTER
Zoning & alternative use
RB · Manchester, CT
Zoning RB · permitted uses
RB · Manchester, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1917
Heating
FORCED AIR
Stories
3
Buildings
1
Units
4
Rooms
16
Bathrooms
4
Lot
0.32 ac
Current owner
From public records · entity-resolved
Gerald P Rothman
Individual
Mailing address
147 GDN GRV RD, MANCHESTER, CT 06040-7039
Ownership since
2003
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
Dec 24, 2003
$184,000
Gerald P Rothman
Ross,michael W
Warranty Deed
$147,200 · Sib Mortgage Corp
Dec 24, 2003
—
Gerald P Rothman
—
Deed Of Trust
related
$18,400 · Sib Mortgage Corp
Nov 22, 1995
$124,900
Michael W Ross
Roser,walter A
Warranty Deed
$93,675 · State Financial
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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