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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Apartment buildings
401 Jericho Tpke, Carle Place, NY 11514-1027
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3213559
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Construction
FRAME
Total area
1,704 SF
Lot
7.87 ac (342,817 SF)
APN
09-595-00-0014
UPID
US63-3213559
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
-
Eagle Rock Apartments at Carle Place Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$470k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
401 Ejt LLC A Delaware LLC · 16 yrs held
401 Ejt LLC A Delaware LLC
since 2010
7 recorded transactions
Zoning & alternative use
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 Carle Place submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carle Place 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%
$505,000
6.5%
$470,000
7%
$435,000
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$358 / 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
$1,521,105
Tax year 2023
Assessed value
$272,812
Assessed 2023
Previous assessed
$312,812
-12.8% YoY
Effective rate
557.57%
On assessed value
Assessed land
$59,796
Assessed improvement
$213,016
Total market value
$27,281,200
Applied tax rate
781.0000
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
Year built
1961
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
6
Stories
2
Units
300
Total area
1,704 SF
Lot
7.87 ac (342,817 SF)
APN
09-595-00-0014
UPID
US63-3213559
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1961
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
6
Units
300
Lot
7.87 ac
Current owner
From public records · entity-resolved
401 Ejt LLC A Delaware LLC
Entity
Mailing address
140 E 45TH ST, NEW YORK, NY 10017-3144
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2021
—
401 Ejt LLC
—
Deed
related
$13,714,910 · Capital One NA
Jun 21, 2010
$36,132,990
401 Ejt LLC A Delaware LLC
Fairhaven Apartments No 4 INC
Grant Deed
—
—
—
401 Ejt LLC
—
Deed Of Trust
related
$7,573,000 · Capital One Multifamily Fin
—
—
Fairhaven Apartments No 4 INC
—
Deed Of Trust
related
$21,134,000 · Northmarq Capital INC
—
—
401 Ejt LLC
—
Deed Of Trust
related
$2,312,535 · New York Community Bank
—
—
Fairhaven Apartments No 4 INC
—
Deed Of Trust
related
$4,738,190 · Northmarq Capital INC
—
—
Apartments No 4 Fairhaven
—
Deed Of Trust
related
$5,300,000 · Northmarq Capital INC
—
—
401 Ejt LLC
—
Deed Of Trust
related
$23,120,000 · New York Community Bank
—
—
Fairhaven Apartments 4 INC
—
Deed Of Trust
related
$2,000,000 · Northmarq Capital INC
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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