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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Residential income homes
4 Dewey Pl, Plainville, CT 06062-2070
Individually Owned
2-yr Hold
Absentee Owner
Property ID
US15-0380591
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1900
Total area
4,544 SF
Lot
1.62 ac (70,567 SF)
Zoning code
GC
APN
PLAI M:30 B:A L:07
UPID
US15-0380591
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
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$650k
Owner & transaction history
Ryan D Libby · 2 yrs held
Ryan D Libby
since 2024
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
GC · Plainville, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$525,000
+25.2%
Office building
$500,000
+19.9%
Auto repair, garage
$455,000
+9.1%
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 Plainville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainville 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$420,000
Current use
RETAIL STORES
$525,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$500,000
Change: +20% · Conversion: Moderate
AUTO REPAIR, GARAGE
$455,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$430,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Dec 2 2024)
Last sale anchor
$650k
Dec 2 2024
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
$143 / 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
$10,902
Tax year 2024
Assessed value
$335,860
Assessed 2024
Previous assessed
$335,860
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$65,520
Assessed improvement
$270,340
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1900
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
4
Rooms
18
Bathrooms
7
Total area
4,544 SF
Lot
1.62 ac (70,567 SF)
Zoning code
GC
APN
PLAI M:30 B:A L:07
UPID
US15-0380591
Jurisdiction
PLAINVILLE
Zoning & alternative use
GC · Plainville, CT
Zoning GC · permitted uses
GC · Plainville, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$420,000
RETAIL STORES
Est. value
$525,000
OFFICE BUILDING
Est. value
$500,000
AUTO REPAIR, GARAGE
Est. value
$455,000
COMMERCIAL (GENERAL)
Est. value
$430,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (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
1900
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
4
Rooms
18
Bathrooms
7
Lot
1.62 ac
Current owner
From public records · entity-resolved
Ryan D Libby
Individual
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2024
—
Ryan D Libby
Roland L Libby
Quit Claim Deed
related
—
Nov 24, 2020
—
Roland L Libby
Roland L Libby
Quit Claim Deed
related
$357,000 · Norcom Mortgage
Jun 18, 2007
—
Roland L Libby
—
Deed Of Trust
related
$75,000 · Sovereign Bank
Jan 19, 2006
—
Roland L Libby
—
Deed Of Trust
related
$37,175 · Sovereign Bank
Apr 20, 2004
—
Roland L Libby
—
Deed Of Trust
related
$270,000 · Decision One Mortgage LLC
Aug 30, 2002
—
Roland L Libby
—
Deed Of Trust
related
$192,494 · Irwin Mortgage Corp
Dec 13, 2001
—
Roland L Libby
—
Deed Of Trust
related
$35,000 · Guaranty Nat'l Bank Tallahasse
Aug 31, 2001
—
Roland L Libby
—
Deed Of Trust
related
$192,596 · Irwin Mortgage Corp
Nov 5, 1999
—
Roland L Libby
—
Deed Of Trust
related
$31,000 · Worth Funding INC
Aug 31, 1998
—
Roland L Libby
—
Deed Of Trust
related
$160,904 · Ladd Mortgage Co
Oct 31, 1997
—
Roland L Libby
—
Deed Of Trust
related
$161,627 · First Union Mortgage
May 8, 1991
—
Robert Geoffrey
—
Deed Of Trust
related
$15,000 · Bristol Savings Bank
—
—
Roland L Libby
—
Deed Of Trust
related
$357,376 · Norwich Com'l
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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