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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Apartment buildings
354 Woodbury Rd Watertown, CT 06795-1732
Entity Owned
Absentee Owner
Property ID
US15-0757540
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Lot
1.34 ac (58,370 SF)
Zoning code
R20
APN
WTWN M:98 B:10 L:25A
UPID
US15-0757540
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
$760k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$705k
Owner & transaction history
Ice House Partners LLC
Ice House Partners LLC
since 2025
7 recorded transactions
Zoning & alternative use
R20 · Watertown, 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 Watertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watertown 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
$705,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
—
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
$19,754
Tax year 2024
Assessed value
$696,290
Assessed 2024
Previous assessed
$696,290
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$72,240
Assessed improvement
$624,050
Applied tax rate
240.0000
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
Heating
NONE
Buildings
3
Units
10
Lot
1.34 ac (58,370 SF)
Zoning code
R20
APN
WTWN M:98 B:10 L:25A
UPID
US15-0757540
Jurisdiction
WATERTOWN
Zoning & alternative use
R20 · Watertown, CTZoning R20 · permitted uses
R20 · Watertown, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Buildings
3
Units
10
Lot
1.34 ac
Current owner
From public records · entity-resolved
Ice House Partners LLC
Entity
Mailing address
1037 MAIN ST, WATERTOWN, CT 06795-2916
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2026
—
Ice House Partners LLC
—
Deed
related
$358,500 · Modern Chiropractic L
Dec 23, 2025
—
Ice House Partners LLC
Polar Group LLC
Deed
—
Sep 4, 2024
—
Ice House Proprties LLC
—
Deed
related
$1,200,000 · Polar Group LLC
Dec 29, 2023
—
Polar Group LLC
—
Deed
related
$966,000 · Icehouse Partners LLC
Aug 25, 2022
$580,000
Polar Group LLC
Vaide Ajro
Warranty Deed
$150,000 · Stephen P Martino
May 27, 2016
—
Miratip Ajro
—
Deed
related
$210,000 · Thomaston Savings Bank
Jun 2, 1995
—
Miratip Ajrb
—
Deed Of Trust
related
$150,000 · Thomaston Savings Bank
Dec 4, 1987
—
Miratip Ajro
—
Deed Of Trust
related
$150,000 · Thomaston Savings 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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