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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Investment properties
369 Grandview Ave Waterbury, CT 06708-2228
Entity Owned
3-yr Hold
Free & Clear
Property ID
US15-0350913
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Total area
7,138 SF
Lot
0.22 ac (9,583 SF)
Zoning code
RL
APN
WBRY M:0212 B:0703 L:0060
UPID
US15-0350913
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
-
Top Notch Barber Shop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$400k
Blend (final)
Blend
$575k
Owner & transaction history
811 E 8th Str Realty Ltd · 3 yrs held
811 E 8th Str Realty Ltd
since 2023
Last sale
$525,000
6 recorded transactions
Zoning & alternative use
RL · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$705,000
+50.8%
Auto repair, garage
$645,000
+38.6%
Office building
$580,000
+24.5%
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 Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury 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
$670,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$465,000
Current use
APARTMENT HOUSE (5+ UNITS)
$705,000
Change: +51% · Conversion: Moderate
AUTO REPAIR, GARAGE
$645,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$580,000
Change: +25% · Conversion: Easy
RETAIL STORES
$580,000
Change: +24% · Conversion: Easy
WAREHOUSE, STORAGE
$420,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $525k (Jan 4 2023)
Last sale anchor
$525k
Jan 4 2023
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
$81 / 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
$21,273
Tax year 2023
Assessed value
$392,560
Assessed 2023
Previous assessed
$392,560
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$45,570
Assessed improvement
$346,990
Applied tax rate
312.0000
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
1910
Heating
FORCED AIR
Buildings
1
Stories
3
Units
4
Total area
7,138 SF
Lot
0.22 ac (9,583 SF)
Zoning code
RL
APN
WBRY M:0212 B:0703 L:0060
UPID
US15-0350913
Jurisdiction
WATERBURY
Zoning & alternative use
RL · Waterbury, CT
Zoning RL · permitted uses
RL · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$465,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$645,000
OFFICE BUILDING
Est. value
$580,000
RETAIL STORES
Est. value
$580,000
WAREHOUSE, STORAGE
Est. value
$420,000
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1910
Heating
FORCED AIR
Stories
3
Buildings
1
Units
4
Lot
0.22 ac
Current owner
From public records · entity-resolved
811 E 8th Str Realty Ltd
Entity
Free & Clear · 3 yrs held
Mailing address
369 GRANDVIEW AVE, WATERBURY, CT 06708-2228
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2023
$525,000
811 E 8th Str Realty Ltd
Dika Property Mgmt LLC
Warranty Deed
—
Jul 30, 2015
$10,000
Likayem LLC
Imy Associates LLC
Warranty Deed
—
Mar 31, 2004
$330,000
G To G LLC
Davis,noah
Warranty Deed
$247,500 · First City Bank
Mar 31, 2004
—
G To G LLC
—
Deed Of Trust
related
$20,000 · Justin Breiner
Mar 15, 2004
—
Noah Davis
—
Deed Of Trust
related
$260,000 · Justin Breiner
Oct 21, 2003
$250,000
Noah Davis
Shuster,barbara
Warranty Deed
—
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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