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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Apartment buildings
280 Winthrop Ave New Haven, CT 06511-5147
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US15-0085967
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1920
Total area
6,922 SF
Lot
0.15 ac (6,539 SF)
Zoning code
RM2
APN
NHVN M:338 B:0227 L:00600
UPID
US15-0085967
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
$1.25M
CAP Approach
CAP
$1.67M
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.25M
Owner & transaction history
280 Winthrop Nh LLC · 1 yrs held
280 Winthrop Nh LLC
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
RM2 · New Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+15.9%
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 New Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Haven 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
$1,250,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
$1,805,000
6.5%
$1,670,000
7%
$1,550,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$875,000
Current use
RESTAURANT
$1,010,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$850,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Oct 9 2024)
Last sale anchor
$1.25M
Oct 9 2024
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
$181 / 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
$35,253
Tax year 2024
Assessed value
$915,670
Assessed 2024
Previous assessed
$915,670
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$336,000
Assessed improvement
$579,670
Applied tax rate
306.0000
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
1920
Heating
FORCED AIR
Buildings
1
Stories
3
Units
16
Bathrooms
9
Total area
6,922 SF
Lot
0.15 ac (6,539 SF)
Zoning code
RM2
APN
NHVN M:338 B:0227 L:00600
UPID
US15-0085967
Jurisdiction
NEW HAVEN
Zoning & alternative use
RM2 · New Haven, CT
Zoning RM2 · permitted uses
RM2 · New Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$875,000
RESTAURANT
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$850,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
FORCED AIR
Stories
3
Buildings
1
Units
16
Bathrooms
9
Lot
0.15 ac
Current owner
From public records · entity-resolved
280 Winthrop Nh LLC
Entity
Mailing address
40 STIMSON RD, NEW HAVEN, CT 06511-1612
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2024
$1,250,000
280 Winthrop Nh LLC
280 Winthrop Del LLC
Warranty Deed
$1,520,000 · Broadview Capital LLC
Nov 12, 2021
—
280 Winthrop Del LLC
280 Winthrop Holdings LLC
Warranty Deed
—
May 14, 2021
—
280 Winthrop Holdings LLC
—
Deed
related
$650,000 · Sachem Capital Corp
Mar 3, 2015
$410,000
Super Zen LLC
Mirmidones Capital LLC
Warranty Deed
—
Dec 2, 2010
$260,000
Wade Beecher
Bayview Loan Svcng LLC
Warranty Deed
—
Dec 2, 2010
—
Bayview Loan Svcng LLC
Deangelis,carmine
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
May 5, 2008
$1
Wichita Holdings LLC
Deangelis,carmine
Grant Deed
related
—
Feb 19, 2008
$505,000
Carmine Deangelis
Bayview Loan Svcng LLC
Warranty Deed
$404,000 · Interbay Funding LLC
Nov 8, 2007
—
Bayview Loan Svcng LLC
Ottowa Enterprises LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jul 19, 2007
—
Ottowa Enterprises LLC
—
Deed Of Trust
related
$400,000 · Pf Capital T
Jun 24, 2005
—
Ottowa Ent LLC
—
Deed Of Trust
related
$225,000 · Interbay Funding LLC
Feb 23, 2005
—
Connecticut Hsg Co LLC
—
Deed Of Trust
related
$80,700 · Kckam LLC
Feb 18, 2005
$575,000
Connecticut Hsng Co LLC
Banim LLC
Warranty Deed
$467,000 · Benjamin Funding Corp
Feb 18, 2005
—
Connecticut Hsg Co LLC
—
Deed Of Trust
related
$50,000 · Zenon Grzybowski
Apr 15, 2003
$425,000
Banim LLC
K & K Properties INC
Warranty Deed
$332,000 · Peoples Bank
Aug 5, 1996
$17,500
K&k Prop LLC
New England Property
Grant Deed
—
Dec 5, 1990
—
Stephen B Johnson
—
Deed Of Trust
related
$150,000 · Zuckerman Family Nomi
Feb 1, 1990
$475,000
Stephen B Johnson
Winthrop Assoc
Grant Deed
$475,000 · Omni Bank
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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