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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Residential income homes
41 Poe Ct Fairfield, CT 06825-4752
Individually Owned
14-yr Hold
Absentee Owner
Property ID
US15-0374440
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1985
Construction
FRAME
Total area
3,472 SF
Lot
0.27 ac (11,885 SF)
Zoning code
C
APN
FAIR M:79 B:290
UPID
US15-0374440
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
by Request
Comparable Approach
Comparable
$585k
Blend (final)
Blend
$560k
Owner & transaction history
Thomas Vitale · 14 yrs held
Thomas Vitale
since 2011
5 recorded transactions
Zoning & alternative use
C · Fairfield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$810,000
+47.5%
Retail stores
$645,000
+17.3%
Office building
$605,000
+10.1%
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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$550,000
Current use
AUTO REPAIR, GARAGE
$810,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$645,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$605,000
Change: +10% · Conversion: Moderate
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$161 / 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
$13,089
Tax year 2023
Assessed value
$475,790
Assessed 2023
Previous assessed
$475,790
+0.0% YoY
Effective rate
2.75%
On assessed value
Assessed land
$195,860
Assessed improvement
$279,930
Applied tax rate
104.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
4
Rooms
16
Bathrooms
4
Total area
3,472 SF
Lot
0.27 ac (11,885 SF)
Zoning code
C
APN
FAIR M:79 B:290
UPID
US15-0374440
Jurisdiction
FAIRFIELD
Zoning & alternative use
C · Fairfield, CT
Zoning C · permitted uses
C · Fairfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$810,000
RETAIL STORES
Est. value
$645,000
OFFICE BUILDING
Est. value
$605,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1985
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
4
Rooms
16
Bathrooms
4
Lot
0.27 ac
Current owner
From public records · entity-resolved
Thomas Vitale
Individual
Mailing address
310 EVERETT RD, EASTON, CT 06612-1254
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2011
$1
Thomas Vitale
Vitale,thomas
Grant Deed
related
—
Nov 28, 2011
—
Thomas Vitale
—
Deed Of Trust
related
$200,000 · Prospect Mortgage LLC
Apr 3, 2007
$1
Thomas L Vitale SR LLC
Vitale,thomas L SR
Grant Deed
related
—
Mar 6, 2007
$1
Thomas L Vitale SR.
Vitale,thomas L SR
Grant Deed
related
—
Dec 19, 1997
—
John M Marsilio
—
Deed Of Trust
related
$208,000 · Peoples Bank
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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