Entity Owned Property summary
AI-generated overview
This exceptional Stone Ridge property at 3656 Main Street presents a unique investment opportunity. The 3,420 square foot, two-story building, constructed in 1900, is zoned Com 1 Att Row building - mixed use, offering versatility for various commercial and residential uses. The lower level features a storefront with stunning terrazzo floors, currently rented along with a one-bedroom apartment, providing immediate income. A cozy studio apartment is also located on the lower level. Upstairs, a spacious three-bedroom unit offers additional rental potential. All units have separate entrances for privacy. The storefront boasts large windows overlooking Main Street, providing excellent visibility. A full basement offers ample storage. Ample parking is available. This turn-key property is ideally situated in the heart of Stone Ridge, steps from shops and eateries, making it perfect for a variety of businesses. The asking price is $749,000, with a price per square foot of $219.01. This well-maintained building offers a blend of commercial and residential income streams in a highly desirable location. The property's prime location and multiple income sources make it an attractive investment for both seasoned investors and those seeking a live-work lifestyle.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
3,420 SF
Lot
0.12 ac (5,227 SF)
Zoning code
B1
APN
513400 61.20-4-11
UPID
US63-5892496
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Property Management Company
-
Real Estate Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$325k
CAP Approach
CAP
$555k
Comparable Approach
Comparable
$697k
Blend (final)
Blend
$325k
Owner & transaction history
since 2018
7 recorded transactions
Zoning & alternative use
B1 · Stone Ridge, NY
Top alternative use upside
Auto repair, garage
$645,000
+11.1%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 11 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$325k
Value range
$293k – $358k
±10% around blend
Estimated value / SF
$95 / SF
Confidence
High
11 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
100
$293k
blend $325k
$358k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,420 SF
Lot area
0.12 ac
Year built
1900
Stories
2
APN
513400 61.20-4-11
Zoning
B1
Assessed value
$390,000
3
Income approach: direct capitalization
Partial preview
Income approach indication
$555k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$605k
@ 6.5% CAP return
$555k
@ 7% CAP return
$515k
4
Sales comparison
Partial preview
Sales approach indication
$682k
Weighted, 11 comps · high confidence
Evidence
11 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.9 mi away · 4,304 SF
13.1 mi away · 3,507 SF
13.3 mi away · 2,980 SF
14.8 mi away · 3,575 SF
15.6 mi away · 3,360 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$325k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 314 sales
$169
-44%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $95/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+11%
vs current-use indication
Commercial (general) · current use
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 11 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$390k
Move the market yield to see immediate price impact.
Value / SF
$114
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$25k
$491k
$351k
$273k
$27k
$546k
$390k
$303k
$30k
$601k
$429k
$334k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
11 found
High confidence · county-verified
Closest comparable
$485k
6.5 mi · Dec 2025 · $145/SF
Property tax & assessments
Property tax & assessments
Assessed value
$390,000
Assessed 2023
Previous assessed
$390,000
+0.0% YoY
Assessed land
$13,200
Assessed improvement
$376,800
Land market value
$21,639
Improvement market value
$617,705
Total market value
$639,344
Applied tax rate
513,401.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1900
Heating
NONE
Buildings
1
Stories
2
Total area
3,420 SF
Lot
0.12 ac (5,227 SF)
Zoning code
B1
APN
513400 61.20-4-11
UPID
US63-5892496
Jurisdiction
ULSTER
Zoning & alternative use
B1 · Stone Ridge, NYZoning B1 · permitted uses
B1 · Stone Ridge, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
2
Buildings
1
Lot
0.12 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B1
Jurisdiction
Stone Ridge, NY
Recorded code
B1
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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