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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Residential income homes
3501 Nicholas St Easton, PA 18045-5253
Entity Owned
16-yr Hold
Absentee Owner
Property ID
US73-1456014
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1984
Total area
8,304 SF
Lot
1.98 ac (86,249 SF)
Zoning code
HDR
APN
M8NE2 11 28 0324
UPID
US73-1456014
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
$450k
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$448k
Blend (final)
Blend
$715k
Owner & transaction history
Belhaven Capital Group INC · 16 yrs held
Belhaven Capital Group INC
since 2009
1 recorded transaction
Zoning & alternative use
HDR · Easton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+53.3%
Restaurant
$930,000
+37.3%
Retail stores
$855,000
+26.4%
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 Easton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Easton 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
$450,000
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$680,000
Current use
COMMERCIAL (GENERAL)
$1,040,000
Change: +53% · Conversion: Moderate
RESTAURANT
$930,000
Change: +37% · Conversion: Difficult
RETAIL STORES
$855,000
Change: +26% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$830,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$775,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$715k
Range $644k – $787k · ±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
$86 / 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
$43,636
Tax year 2024
Assessed value
$492,400
Assessed 2024
Previous assessed
$492,400
+0.0% YoY
Effective rate
8.86%
On assessed value
Assessed land
$99,000
Assessed improvement
$393,400
Land market value
$198,000
Improvement market value
$786,800
Total market value
$984,800
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
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1984
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
1
Units
4
Rooms
1
Bathrooms
8
Total area
8,304 SF
Lot
1.98 ac (86,249 SF)
Zoning code
HDR
APN
M8NE2 11 28 0324
UPID
US73-1456014
Jurisdiction
NORTHAMPTON
Zoning & alternative use
HDR · Easton, PAZoning HDR · permitted uses
HDR · Easton, PA
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
$680,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
RESTAURANT
Est. value
$930,000
RETAIL STORES
Est. value
$855,000
INDUSTRIAL (GENERAL)
Est. value
$830,000
AUTO REPAIR, GARAGE
Est. value
$775,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1984
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
4
Rooms
1
Bathrooms
8
Lot
1.98 ac
Current owner
From public records · entity-resolved
Belhaven Capital Group INC
Entity
Mailing address
5963 NOR BATH BLVD, BATH, PA 18014-8868
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2009
—
Belhaven Capital Group INC
—
Deed Of Trust
related
$1,800,000 · American 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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