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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Residential income homes
24 Pne Hl Ave Stamford, CT 06906-1541
Entity Owned
6-yr Hold
Property ID
US15-0705838
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1900
Total area
2,396 SF
Lot
0.18 ac (7,841 SF)
Zoning code
R6
APN
STAM M:001 B:6022
UPID
US15-0705838
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
-
Progressive Car Insurance Financial Advisor Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
$710k
Comparable Approach
Comparable
$637k
Blend (final)
Blend
$675k
Owner & transaction history
24 Pine Hill LLC · 6 yrs held
24 Pine Hill LLC
since 2020
Last sale
$625,000
6 recorded transactions
Zoning & alternative use
R6 · Stamford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$695,000
+32.3%
Auto repair, garage
$560,000
+6.6%
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 Stamford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stamford 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
$720,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
$770,000
6.5%
$710,000
7%
$660,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$525,000
Current use
COMMERCIAL (GENERAL)
$695,000
Change: +32% · Conversion: Moderate
AUTO REPAIR, GARAGE
$560,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$445,000
Change: -15% · Conversion: Difficult
OFFICE BUILDING
$420,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $625k (Mar 12 2020)
Last sale anchor
$625k
Mar 12 2020
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
$282 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,252
Tax year 2023
Assessed value
$533,080
Assessed 2023
Previous assessed
$533,080
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$206,410
Assessed improvement
$326,670
Applied tax rate
112.0000
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
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
4
Rooms
9
Bathrooms
4
Total area
2,396 SF
Lot
0.18 ac (7,841 SF)
Zoning code
R6
APN
STAM M:001 B:6022
UPID
US15-0705838
Jurisdiction
STAMFORD
Zoning & alternative use
R6 · Stamford, CT
Zoning R6 · permitted uses
R6 · Stamford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stamford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$525,000
COMMERCIAL (GENERAL)
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$560,000
RETAIL STORES
Est. value
$445,000
OFFICE BUILDING
Est. value
$420,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
4
Rooms
9
Bathrooms
4
Lot
0.18 ac
Current owner
From public records · entity-resolved
24 Pine Hill LLC
Entity
Mailing address
101 NEWFIELD DR, STAMFORD, CT 06905-1420
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2020
—
24 Pine Hill LLC
Joseph R Bartels
Quit Claim Deed
related
—
Oct 23, 2019
$625,000
Joseph R Bartels
Timothy Mceniry
Warranty Deed
$437,500 · Ridgewood Savings Bank
Jan 18, 2013
—
Christine Mceniry
—
Deed Of Trust
related
$522,675 · Quicken Loans INC
Jul 2, 2007
—
Timothy Mceniry
—
Deed Of Trust
related
$560,000 · Countrywide Home Loans INC
Apr 19, 1993
$200,000
Timothy Mciniry
Bank Of Stamford Svc
Grant Deed
$140,000 · Fleet Real Estate Funding Corp
Dec 5, 1991
$125,000
Bk Of Stamford Svc
Leydon,john
Warranty Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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