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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Garden apartment buildings
374 Main St Bath, PA 18014-1066
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1297750
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1920
Total area
13,304 SF
Lot
0.59 ac (25,760 SF)
Zoning code
I
APN
K6NW4D 3 1 0503
UPID
US73-1297750
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
$1.25M
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$925k
Owner & transaction history
Th Ravena LLC · 2 yrs held
Th Ravena LLC
since 2023
7 recorded transactions
Zoning & alternative use
I · Bath, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+37.3%
Commercial (general)
$1.5M
+36.5%
Auto repair, garage
$1.4M
+29.1%
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 Bath submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bath 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%
$1,350,000
6.5%
$1,245,000
7%
$1,155,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,085,000
Current use
RESTAURANT
$1,490,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,480,000
Change: +36% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,400,000
Change: +29% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,090,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±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
$70 / 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
$27,027
Tax year 2024
Assessed value
$321,900
Assessed 2024
Previous assessed
$321,900
+0.0% YoY
Effective rate
8.40%
On assessed value
Assessed land
$26,100
Assessed improvement
$295,800
Land market value
$52,200
Improvement market value
$591,600
Total market value
$643,800
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1920
Heating
YES
Cooling
CENTRAL
Stories
1
Units
12
Rooms
1
Total area
13,304 SF
Lot
0.59 ac (25,760 SF)
Zoning code
I
APN
K6NW4D 3 1 0503
UPID
US73-1297750
Jurisdiction
NORTHAMPTON
Zoning & alternative use
I · Bath, PA
Zoning I · permitted uses
I · Bath, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bath. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1920
Heating
YES
Cooling
Yes
Stories
1
Units
12
Rooms
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Th Ravena LLC
Entity
Mailing address
31 S COMMERCE WAY STE #500, BETHLEHEM, PA 18017-8942
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2025
—
Not Available From The Data Source
—
Deed
related
$700,000 · Financial Resources FCU
Nov 17, 2023
—
Th Ravena LLC
Th Ravena LLC
Correction Deed
related
$300,000 · Financial Resources FCU
Jun 23, 2021
—
Th Revena LLC
Rocky & Sons Construction LLC
Deed
$4,661,500 · Essa Bank & Trust
Aug 3, 2020
—
Rocky & Sons Construction LLC
—
Deed Of Trust
related
$900,000 · Dlp Lending Fund LLC Dlp Lending Fund LLC
Jul 19, 2019
$120,000
Rocky & Sons Construction LLC
Mulberry Properties LP
Grant Deed
$50,000 · Direct Lending Ptrs
Jul 28, 2016
—
Mulberry Properties LP
—
Deed
related
$900,000 · Michael A Mitch
Mar 18, 2013
$125,000
Properties LP Mulberry
Bayview Ln Svcg LLC
Grant Deed
—
Aug 27, 2012
$2,332
Bayview Ln Svcg LLC
Sheriff Of Northampton County
Trustees Deed
related
—
Jun 26, 2006
$137,405
Suns Manufacturing INC
Fantozzi,bernard
Grant Deed
$173,250 · Interbay Funding L L C
—
—
Mulberry Properties LP
—
Deed Of Trust
related
$900,000 · Michael A Mitch
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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