26 Main St Freeport, PA 16229-1334
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$605k
Range $545k – $666k (±10%)
Implied cap rate
4.80%
In-place · NOI ÷ last sale
Property ID
US73-1139066
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Total area
3,936 SF
Lot
0.22 ac (9,538 SF)
Zoning code
RESIDENTIAL
APN
17-0-009456
UPID
US73-1139066
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
$450k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
since 2022
Last sale
$625,000
3 recorded transactions
Zoning & alternative use
RESIDENTIAL · Freeport, PA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$605k
Value range
$545k – $666k
±10% around blend
Estimated value / SF
$154 / SF
Confidence
None
2 county-verified comps
Property data
88
Comparable evidence
20
$545k
blend $605k
$666k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,936 SF
Lot area
0.22 ac
Year built
1973
Stories
2
APN
17-0-009456
Assessed value
$25,520
Annual tax
$2,578
3
Income approach: direct capitalization
Partial preview
Income approach indication
$450k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$490k
@ 6.5% CAP return
$450k
@ 7% CAP return
$420k
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$605k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 2 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
4.80%
Implied, in-place cap rate for this garden apartment buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.80%
9.0%
NOI (est.)
$44k *
Last sale · May 2022
$625k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$911k
Move the market yield to see immediate price impact.
Value / SF
$232
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.30%4.80%5.30%
$39k
$916k
$820k
$743k
$44k
$1.02M
$911k
$825k
$48k
$1.12M
$1.00M
$908k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
2 found
None confidence · county-verified
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,578
Tax year 2024
Assessed value
$25,520
Assessed 2024
Previous assessed
$25,520
+0.0% YoY
Effective rate
10.10%
On assessed value
Assessed land
$14,820
Assessed improvement
$10,700
Land market value
$42,330
Improvement market value
$30,580
Total market value
$72,910
Applied tax rate
17.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1973
Heating
NONE
Stories
2
Bathrooms
1
Total area
3,936 SF
Lot
0.22 ac (9,538 SF)
Zoning code
RESIDENTIAL
APN
17-0-009456
UPID
US73-1139066
Jurisdiction
ARMSTRONG
Zoning & alternative use
RESIDENTIAL · Freeport, PAZoning RESIDENTIAL · permitted uses
RESIDENTIAL · Freeport, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Stories
2
Bathrooms
1
Lot
0.22 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RESIDENTIAL
Jurisdiction
Freeport, PA
Recorded code
RESIDENTIAL
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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