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Property profile & analytics
OFF-MARKET
Estimated value
$6,150,000
Apartment buildings
30 Framingham Dr Waterbury, CT 06705-1612
Individually Owned
21-yr Hold
Free & Clear
Property ID
US15-0107214
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1972
Total area
50,300 SF
Lot
1.06 ac (46,174 SF)
Zoning code
CA
APN
WBRY M:0241 B:0450 L:0082
UPID
US15-0107214
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
-
Limeristix Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Liberty Court Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.86M
Comparable Approach
Comparable
$5.81M
Blend (final)
Blend
$6.15M
Owner & transaction history
Liberty Court Assoc · 21 yrs held
Liberty Court Assoc
since 2004
4 recorded transactions
Zoning & alternative use
CA · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.4M
+48.3%
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 Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,510,000
6.5%
$7,855,000
7%
$7,295,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,960,000
Current use
RESTAURANT
$7,355,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,560,000
Change: -8% · Conversion: Difficult
OFFICE BUILDING
$4,095,000
Change: -17% · Conversion: Moderate
RETAIL STORES
$4,080,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$6.15M
Range $5.54M – $6.77M · ±10%
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
$122 / 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
$166,053
Tax year 2024
Assessed value
$3,358,670
Assessed 2024
Previous assessed
$3,358,670
+0.0% YoY
Effective rate
4.94%
On assessed value
Assessed land
$579,670
Assessed improvement
$2,779,000
Applied tax rate
312.0000
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
1972
Heating
ELECTRIC
Buildings
1
Stories
5
Units
86
Total area
50,300 SF
Lot
1.06 ac (46,174 SF)
Zoning code
CA
APN
WBRY M:0241 B:0450 L:0082
UPID
US15-0107214
Jurisdiction
WATERBURY
Zoning & alternative use
CA · Waterbury, CT
Zoning CA · permitted uses
CA · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$5.0M
RESTAURANT
Est. value
$7.4M
AUTO REPAIR, GARAGE
Est. value
$4.6M
OFFICE BUILDING
Est. value
$4.1M
RETAIL STORES
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1972
Heating
ELECTRIC
Stories
5
Buildings
1
Units
86
Lot
1.06 ac
Current owner
From public records · entity-resolved
Liberty Court Assoc
Individual
Free & Clear · 21 yrs held
Mailing address
PO BOX 280, BRONXVILLE, NY 10708-0280
Ownership since
2004
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
Nov 19, 2004
$3,050,000
Liberty Court Assoc
Framingham Commons
Warranty Deed
—
Oct 6, 2003
—
Framingham Commons LLC
—
Deed Of Trust
related
$1,900,000 · Worth Funding INC
Jul 31, 2001
$1,750,000
Framingham Commons
Framingham Assoc
Warranty Deed
related
$1,560,000 · Peoples Bank
Apr 2, 1990
—
Drubner,norman S Tr
—
Deed Of Trust
related
$1,331,987 · Centerbank
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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