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Property profile & analytics
FOR LEASE
Apartment buildings
280 Salmon Brook St Granby, CT 06035
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0879478
For Lease
1 / 34
$2,459/Mo
280 Salmon Brook St, Granby, CT 06035
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1895
Total area
1,517 SF
Lot
45.69 ac (1,990,256 SF)
Zoning code
T1
APN
GRAN M:G-51 B:0055 L:0025
UPID
US15-0879478
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
-
Station 280 Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.34M
Owner & transaction history
Ct Granby Station 280 LLC · 4 yrs held
Ct Granby Station 280 LLC
since 2022
Last sale
$5.3M
4 recorded transactions
Zoning & alternative use
T1 · Granby, CT
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 Granby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Granby 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
$5,305,000
ML approach
$5,490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.34M
Range $4.81M – $5.87M · ±10% · vs last sale $5.29M (May 10 2022)
Last sale anchor
$5.29M
May 10 2022
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
$3,520 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$283,424
Tax year 2024
Assessed value
$8,554,910
Assessed 2024
Previous assessed
$8,554,910
+0.0% YoY
Effective rate
3.31%
On assessed value
Assessed land
$3,250,170
Assessed improvement
$5,304,740
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
For Lease
Year built
1895
Heating
STEAM
Cooling
YES
Buildings
8
Stories
2
Units
18
Rooms
6
Total area
1,517 SF
Lot
45.69 ac (1,990,256 SF)
Zoning code
T1
APN
GRAN M:G-51 B:0055 L:0025
UPID
US15-0879478
Jurisdiction
GRANBY
Zoning & alternative use
T1 · Granby, CT
Zoning T1 · permitted uses
T1 · Granby, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Granby. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1895
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
8
Units
18
Rooms
6
Lot
45.69 ac
Current owner
From public records · entity-resolved
Ct Granby Station 280 LLC
Entity
Mailing address
1454 BALTIMORE STA, CODORUS, PA 17311
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2024
—
Ct Granby Station 280 LLC
—
Deed
related
$5,875,000 · Connecticut Housing Finance Authority
May 10, 2022
$5,287,500
Ct Granby Station 280 LLC
Station 280 LLC
Warranty Deed
$59,738,000 · Liberty Bank
Mar 17, 2020
$1,095,000
Station 280 LLC
Salmon Brook Granby 280
Warranty Deed
—
Apr 3, 2018
$500,000
Owner Name Unavailable
Furno,trudy A
Warranty Deed
—
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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