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Property profile & analytics
OFF-MARKET
Estimated value
$3,745,000
Investment properties
35 Cooper Pl New Haven, CT 06515-1805
Entity Owned
5-yr Hold
Property ID
US15-0048164
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1947
Total area
19,305 SF
Lot
1.79 ac (78,042 SF)
Zoning code
RM1
APN
NHVN M:438 B:1226 L:00100
UPID
US15-0048164
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
$4.10M
Comparable Approach
Comparable
$4.34M
Blend (final)
Blend
$3.75M
Owner & transaction history
West Gate Ventures LLC · 5 yrs held
West Gate Ventures LLC
since 2021
5 recorded transactions
Zoning & alternative use
RM1 · New Haven, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,440,000
6.5%
$4,100,000
7%
$3,805,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,300,000
Current use
RESTAURANT
$2,825,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$3.75M
Range $3.37M – $4.12M · ±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
$194 / 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
$236,777
Tax year 2023
Assessed value
$6,364,960
Assessed 2023
Previous assessed
$6,364,960
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$1,225,000
Assessed improvement
$5,139,960
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1947
Heating
NONE
Buildings
7
Stories
2
Units
20
Total area
19,305 SF
Lot
1.79 ac (78,042 SF)
Zoning code
RM1
APN
NHVN M:438 B:1226 L:00100
UPID
US15-0048164
Jurisdiction
NEW HAVEN
Zoning & alternative use
RM1 · New Haven, CT
Zoning RM1 · permitted uses
RM1 · 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
COMMERCIAL (GENERAL) Current
Est. value
$3.3M
RESTAURANT
Est. value
$2.8M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1947
Heating
NONE
Stories
2
Buildings
7
Units
20
Lot
1.79 ac
Current owner
From public records · entity-resolved
West Gate Ventures LLC
Entity
Mailing address
PO BOX 868, LAKEWOOD, NJ 08701-0868
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2021
—
West Gate Ventures LLC
35 Cooper LLC
Warranty Deed
—
Dec 20, 2012
$1
35 Cooper LLC
Westgate Hh LLC
Warranty Deed
—
Dec 20, 2012
—
35 Cooper LLC
—
Deed Of Trust
related
$8,700,000 · Peoples Bank
Oct 30, 2003
—
Colonial Fountain LLC
—
Deed Of Trust
related
$6,000,000 · Independence Community Bank
Oct 28, 1994
$2,091,000
Colonial Fountain LLC
Fountain Ter Apts
Warranty 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.
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