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Property profile & analytics
OFF-MARKET
Apartment buildings
2606 Fairfield St Eureka, CA 95501
Individually Owned
2-yr Hold
Free & Clear
Property ID
US10-2793571
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
1,080 SF
Lot
1.19 ac (51,836 SF)
Zoning code
RM-2500
APN
008-031-027-000
UPID
US10-2793571
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
Ruth Schnell · 2 yrs held
Ruth Schnell
since 2024
7 recorded transactions
Zoning & alternative use
RM-2500 · Eureka, CA
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 Eureka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eureka 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 2024Property tax & assessments
Tax year 2024
Tax billed
$9,984
Tax year 2024
Assessed value
$951,767
Assessed 2024
Previous assessed
$951,767
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$251,548
Assessed improvement
$700,219
Applied tax rate
3.0000
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
1964
Construction
WOOD
Heating
CENTRAL
Stories
2
Rooms
40
Total area
1,080 SF
Lot
1.19 ac (51,836 SF)
Zoning code
RM-2500
APN
008-031-027-000
UPID
US10-2793571
Jurisdiction
HUMBOLDT
Zoning & alternative use
RM-2500 · Eureka, CA
Zoning RM-2500 · permitted uses
RM-2500 · Eureka, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eureka. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
CENTRAL
Stories
2
Rooms
40
Lot
1.19 ac
Current owner
From public records · entity-resolved
Ruth Schnell
Individual
Free & Clear · 2 yrs held
Mailing address
PO BOX 5354, EUREKA, CA 95502-5354
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
—
Ruth Schnell
Ruth Schnell
Intrafamily Transfer
related
—
Jul 2, 2019
—
Schnell Family Trust
Leana S Schnell
Affidavit Of Death
related
—
Apr 4, 2016
—
Schnell Family Trust
Eugene A Schnell JR.
Quit Claim Deed
related
—
Feb 15, 2013
$800,000
Schnell,eugene A JR
William & D Family Trust
Grant Deed
—
Feb 15, 2013
—
Schnell,eugene A JR
Leana Schnell
Quit Claim Deed
related
—
Jan 4, 2012
—
Davis,william W
Doris L Davis
Affidavit Of Death
related
—
May 14, 2002
—
Doris Trust
Davis,william W
Grant Deed
related
—
Apr 2, 1974
—
William W Davis
—
Grant 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.
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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