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Property profile & analytics
FOR SALE
Residential income homes
315 E Dean St Aspen, CO 81611
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US13-1244373
For Sale
1 / 15
$1,495,000
315 E Dean St, Aspen, CO 81611
View Listing →
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1992
Total area
3,872 SF
Lot
0.09 ac (3,872 SF)
APN
273718285032
UPID
US13-1244373
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
-
Richard Mille Aspen (Bike/Boat/Book/etc) Store
-
The St. Regis Aspen Resort Hotel & Motel
-
The Snow Lodge Restaurant
-
ORO Sushi Restaurant
-
St. Regis Residence Club, Aspen Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
Richard Hill · 6 yrs held
Richard Hill
since 2019
7 recorded transactions
Zoning & alternative use
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 Aspen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aspen 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$915,000
Current use
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$176 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$35,875
Tax year 2023
Assessed value
$1,191,580
Assessed 2023
Previous assessed
$942,040
+26.5% YoY
Effective rate
3.01%
On assessed value
Assessed improvement
$1,191,580
Improvement market value
$4,270,900
Total market value
$4,270,900
Applied tax rate
1.0000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
For Sale
Year built
1992
Heating
NONE
Stories
1
Total area
3,872 SF
Lot
0.09 ac (3,872 SF)
APN
273718285032
UPID
US13-1244373
Jurisdiction
PITKIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$915,000
APARTMENT HOUSE (5+ UNITS) Current
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
1992
Heating
NONE
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Richard Hill
Individual
Mailing address
100 CAMPUS DR STE #400, FLORHAM PARK, NJ 07932-1006
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2019
$197,500
Richard Hill
Marla Etkin
Grant Deed
—
Oct 16, 2018
$200,000
Steven Erickson
Goldman,william E
Grant Deed
—
Jun 27, 2018
—
Aspen Owner LLC
315 East Dean Associates INC
Quitclaim Deed
related
—
Apr 2, 2018
$207,500
Dfn Community LLC
Weinstein,norman & Kerstin
Grant Deed
—
Feb 25, 2016
$150,000
Rodney R Morrii
B51 LLC
Grant Deed
—
Jan 12, 2012
—
315 East Dean Associates INC
—
Deed Of Trust
related
$71,000,000 · Krung Thai Bk
Jul 3, 2007
$575,000
Charles W Arnold III
Townsend,larry G
Grant Deed
related
—
Jul 3, 2007
$799,000
Charles W Arnold III
Cicurel,cary S
Grant Deed
related
—
Mar 5, 2007
$475,000
Tim D Mercer
Lee,young H
Grant Deed
related
—
—
—
315 East Dean Associates INC
—
Deed Of Trust
related
$100,000,000 · Garfield Sra Mtg Investments
—
—
315 East Dean Associates INC
—
Deed Of Trust
related
$1,000,000 · Krung Thai Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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