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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Apartment buildings
251 High St E Santa Cruz, CA 95060-2675
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-0691947
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2006
Construction
WOOD
Total area
5,454 SF
Lot
0.28 ac (12,240 SF)
APN
006-171-35
UPID
US09-0691947
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
-
Hinds & Sons LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$690k
Owner & transaction history
Jared Hinds · 2 yrs held
Jared Hinds
since 2023
Last sale
$425,000
7 recorded transactions
Zoning & alternative use
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 Santa Cruz submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Cruz 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
$700,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $425k (Jan 30 2023)
Last sale anchor
$425k
Jan 30 2023
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
$127 / 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
$23,721
Tax year 2023
Assessed value
$2,075,131
Assessed 2023
Previous assessed
$2,075,131
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$928,587
Assessed improvement
$1,146,544
Applied tax rate
1.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Units
10
Bathrooms
10
Total area
5,454 SF
Lot
0.28 ac (12,240 SF)
APN
006-171-35
UPID
US09-0691947
Jurisdiction
SANTA CRUZ
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
NONE
Units
10
Bathrooms
10
Lot
0.28 ac
Current owner
From public records · entity-resolved
Jared Hinds
Individual
Mailing address
134 SOQUEL AVEB, SANTA CRUZ, CA 95060
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2023
—
Jared Hinds
Nadia Hinds
Re-recorded Document
related
—
Jan 30, 2023
—
Hinds & Sons LLC
Hinds & Sons LLC
Intrafamily Transfer
related
$3,000,000 · Jpmorgan Chase Bank NA
Jul 8, 2022
—
Jason Hinds
Hinds & Sons LLC
Intrafamily Transfer
related
—
Mar 20, 2015
—
Hinds & Sons LLC
Troy Leighton Hinds
Intrafamily Transfer
related
$1,392,800 · Jpmorgan Chase Bank NA
Sep 17, 2014
$696,327
Hinds,douglas S Trust
Hinds Dwight & K Trust
Grant Deed
related
$596,332 · Hinds Dwight & K Trust (pt)
Jun 27, 2013
—
Hinds,troy L Tr
Hinds,douglas S
Affidavit Of Death
related
—
Jan 24, 2013
—
Hinds Douglas S Trust
Hinds,douglas S
Quit Claim Deed
related
—
Oct 31, 2008
—
Hinds Dwight & Kendra Trust
Hinds,dwight
Quit Claim Deed
related
—
Oct 17, 2006
—
Record Owner
Hinds,dwight T
Grant Deed
related
—
May 24, 2002
$425,000
Dwight T Hinds
Seigle Trust
Grant Deed
—
May 24, 2002
—
Douglas Hinds
Hinds,lori
Quit Claim Deed
related
—
Oct 2, 1995
—
Seigle Trust
Seigle,roderick D
Quit Claim Deed
related
—
Jun 6, 1995
—
Nanette S Henneuse
Henneuse Trust
Quit Claim 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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