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Property profile & analytics
OFF-MARKET
Residential income homes
260 270th 570th 3rd St Astoria, OR 97103
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-1116257
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1992
Total area
3,060 SF
Lot
0.23 ac (10,019 SF)
Zoning code
R3
APN
80907DA06100
UPID
US71-1116257
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
James A Long · 8 yrs held
James A Long
since 2017
1 recorded transaction
Zoning & alternative use
R3 · Astoria, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the R-3 Zone is to provide an area for high density residential development, accessory uses, and certain public uses
Zone name
High Density Residential Zone
General category
RESIDENTIAL
Zone area
605.92 ac
Source
Realmo
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 Astoria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Astoria 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
$5,811
Tax year 2023
Assessed value
$291,894
Assessed 2023
Previous assessed
$291,894
+0.0% YoY
Effective rate
1.99%
On assessed value
Land market value
$156,663
Improvement market value
$418,443
Total market value
$575,106
Applied tax rate
101.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1992
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
4
Bathrooms
4
Total area
3,060 SF
Lot
0.23 ac (10,019 SF)
Zoning code
R3
APN
80907DA06100
UPID
US71-1116257
Jurisdiction
CLATSOP
Zoning & alternative use
R3 · Astoria, ORZoning R3 · permitted uses
R3 · Astoria, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the R-3 Zone is to provide an area for high density residential development, accessory uses, and certain public uses
Zone name
High Density Residential Zone
General category
RESIDENTIAL
Zone area
605.92 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1992
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Bathrooms
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
James A Long
Individual
Mailing address
3205 SE TAYLOR ST, PORTLAND, OR 97214-4270
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2017
$900,000
James A Long
Hoxie,ronald P
Dual Purpose Document
related
$900,000 · Ronald P Hoxie
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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